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Macro Jabber - Tim Sykes Discusses SVB Collapse, Contagion, Uninsured Deposits & Potential Implications

The Friendly Bear - Verified Trader

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The Risks of a Bitcoin Crash

This is a crisis averted right now. Futures are up like 1% of bitcoins up, you know, everyone's breathing a little heavily. But I'm still worried because I think this whole episode has woke people up to the risks before they thought, Oh, I have my money and my bank. Not so much anymore. It wouldn't surprise me if we start seeing some more banks fail. Like, what do you even know, signature bank was pretty much defunct and the government just shut it down or took control of it Sunday? Can you imagine dip buying this stock? What was SBNY? Yeah, I'm not sure.

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