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Ep 57: Balaji Srinivasan on the Origins & Severity of the Bank Crisis, the Future of Bitcoin, and "Make America States Again"

Joe Lonsdale: American Optimist

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The Rise and Fall of S.V. V

The banks that got hit first were probably also exposed to tech. The main reason that treasuries hurt them is that all these tech companies raised hundreds of billions of dollars, put it in these banks, then they spent it all down. And now the banks, they couldn't hold it to maturity any longer because if the banks had all the cash, then they wouldn't have to mark to market.

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