Looks like this week will determine whether or not Silicon Valley Bank was a terrible manager of risk and is a one-off failure, or if everyone who has been saying "the banks are more well capitalized than ever post-2008" have been living a lie.

this is a real tweet from the white house right now lol

Saw a guy on one of those Youtube degen trading channels asking what they would trade bitcoin for if the whole fiat system fails. He gave the sarcastic answer 'seashells.'

We know the real answer, though. Nostriches, what can I trade my bitcoin for if fiat fails?

#[0]​ No matter the view, I want to see it with you. 🐚🌊☀️

🤫

If I was Wallet of Satoshi I'd do it just to teach everyone THE most important lesson about Bitcoin.

SMH.

I treat custodial lightning wallets like WoS as prepaid credit cards. Load only a small balance at a time to spend. Never to be used like a bank account. If I receive too many sats to my lightning wallet I send some on chain back to one of my self-custody wallets.

Too many people complaing about a bank here but not about custodial Lightning.

Low key deserve to get rugged by WoS.

Yes. I said it.

I would die if I put all my compounds on one day. I split them up on 3 different days. More power to you, King.

Not #[0] me just came here for lols

Imagine the backroom deals and consequences of them going on this weekend?

Financial regulation to protect your money FROM a system designed to steal your money is an oxymoron.

#Bitcoin

I’m getting tired. Our company is doing layoffs and I want to be more independent. I’m 30 and I’ve put in more work and investment into myself than most I know. Its still too hard to move on under these financial conditions. Its a bit depressing as I’ve sold most of my things and focused on what’s important to me. Even still, its getting harder. Can’t wait for abundance to come.

My father recently offered me $10,000 to keep safe and help my brother and sister survive. Its too hard to explain how little $10,000 USD is worth and how little it can provide in the future.

The only choice is Bitcoin and giving up on all the systems that he believes will be there to help. Continuing to do things that others around me think are crazy is fatiguing.

I know there are many of us who produce value, but it is hard to find a place where you can thrive on that and create excess for saving. Seems like the remaining trade offs include reducing my living standard and safety to a point so low that it brings even more risk than it alleviates.

Michigan is lost and its businesses are broken so much more than the people here realize.

Debt to fix this or do that is a siren song that calls for us. Don’t crash the ship.

Unfortunately some of the consequences are entrepreneurs losing their funds and failing, and good people losing their jobs.

Some of them will leave the broken old world and build in the new world, on #Bitcoin and #nostr

Imagine the backroom deals and consequences of them going on this weekend?

Financial regulation to protect your money FROM a system designed to steal your money is an oxymoron.

#Bitcoin