5min chapter

Swan Signal Live - A Bitcoin Show cover image

Dylan LeClair & Joe Consorti | Bank Runs, Bitcoin, and Self-Custody | Swan Signal E100

Swan Signal Live - A Bitcoin Show

CHAPTER

The Second Biggest Bank Failure in US History

The second biggest bank failure in US history, something we were assured after the great financial crisis just couldn't happen, and it happened. The Fed and treasury came out basically right at 6pm futures open last night to say all deposits at Silicon Valley Bank, even uninsured deposits over 250k FDIC are going to be made whole. So as all those worries reversed, Bitcoin pumped along with kind of everything else. And so that the, in a matter of weeks, Operation choke point 2.0 has gone from like kind of a hypothetical thing, rumor, conspiracy to happening in full. We got Dylan Leclerc from Bitcoin Magazine and Joe Consorte from the Bitcoin layer.

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