Crypto & the SVB Banking Crisis with Marty Bent & Michael Krieger
Unlimited Hangout with Whitney Webb
00:00
The Decentralized Organic Resetting of Cryptocurrencies
I think what we're seeing now is sort of like a quaring of circle into these systemically important banks. And at some point in the future, the government or the Federal Reserve could step in and say, hey, we're going to need you to create this CBDC pilot for us. So there's like these two competing forces that are battling effectively right now. The stable coin ecosystem, I'm starting to view as crucial in this battle because thus far you've had Senn and Signet in this as well.
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