5min chapter

Swan Signal Live - A Bitcoin Show cover image

Dylan LeClair & Joe Consorti | Bank Runs, Bitcoin, and Self-Custody | Swan Signal E100

Swan Signal Live - A Bitcoin Show

CHAPTER

We Need a Bailout of Silicon Valley Banks

The Fed and Silicon Valley bank specifically, if you look at their depositors, it's all these VCs. Their deposits quadrupled from 2019 to 2022. And so, they were driven by the low interest rate environment that the Fed created. All that QE, all that fiscal ballot money had to go somewhere. It flowed into the Silicon Valley bank. But now we come back and we bail them out.

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