
A Real-Time History of the Crypto Banking Crisis, With Austin Campbell
The Breakdown
00:00
What Is Your Perception of Silvergate?
Silvergate was a very small bank. They had an internal payments network called Senn, which allowed you to transact 24 seven. And what that means is outside of regular US banking hours, because crypto is of course 24 seven, I can then transact with finality and real time on fiat rails. You are then sort of at the epicenter of a lot of these converging trends.
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