If the world all moved to CBDCs across every country, I think Bitcoin wins ultimately because at some point someone's going to screw up and people aren't just not going to trust the government digital currencies. Seeking Alpha called this out for Silicon Valley Bank in a December post. And that kind of competition for the best products is what results in the best outcomes. But also there needs to be some regulation on the field.
Vinny and Sunny are BACK with Jason for another roundtable! First, they cover the aftermath of the bank shutdowns (2:54) before breaking down the impact on startups and the overall economy. (14:14) They also cover Zuckerberg announcing more cuts at Meta (1:05:49) and OpenAI launching GPT-4! (1:10:55)
(0:00) Jason tees up today's topics!
(2:54) Reflecting on the aftermath of the SVB collapse
(12:50) Cast.ai - Get a free cloud cost audit with a personal consultation at https://cast.ai/twist
(14:14) Understanding the origins of the banking issues and the Fed's response
(27:10) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(28:09) Signature and Silvergate troubles, overall lessons from the past week
(39:33) Orgspace - Get $2000 in credits at http://orgspace.io/twist
(41:04) Understanding CBDC
(56:11) Things to consider going forward, payroll crisis
(1:05:49) Zuckerberg's "Year of Efficiency" and OpenAI launches GPT-4
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