The Evidence for Operation Choke Point 2.0, With Nic Carter
The Breakdown
00:00
The Gap Between the Desire to Blame the Larger Banking Crisis on Crypto
I genuinely think that it was an objective of these financial regulators to fragileize the crypto banks and potentially induce them to fail. And if just Silvergate and Signature had failed, then they would have been pretty satisfied with that. SVB's collapse through a wrench in this whole operation. I don't think the crisis is over. But I do think you're right. SBB going down took everyone by surprise and made some of these folks in the administration realized that the bank sector is pretty fragile overall. It's not really a crypto thing. It's just these structural factors.
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