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Is the Traditional Financial World Collapsing? - Bad News For March 13, 2023

The Bad Crypto Podcast

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What Would Have Been a Smart Thing, Travis?

Silicon Valley Bank was the big news came out on Friday, failed on March 10th. SVB was forced to take a massive $1.8 billion loss thanks to parking consumer funds and mortgage backed securities. If that goes away, then the USDC would be worth 93 cents because they lost $3 billion of that dollars. That's what would have made sense to me. Why didn't you? We can always, I have amazing hindsight vision, Joel. Looking forward, that's a little more blurry.

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