E119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more
All-In with Chamath, Jason, Sacks & Friedberg
00:00
Crypto Guys Right Now: What is Your Business?
Businesses need FDICinsured $25 million accounts in order to have confidence in the economy and the banking system./nThe downside for the bank is that they will make less money and pass on less interest to the business, the depositor, and the shareholders./nStablecoins are a better option right now because they provide a more stable value for money.
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