Silicon Valley Bank (one of the nation’s largest) has failed. ⚠️
Depositors are unable to withdraw money.
SVB was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.
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Credit to The Crypto Couple:
For Banks are broken visuals
https://www.youtube.com/@thecryptoc0up1e
Credit to GritCapital:
EXACTLY happened video
https://www.youtube.com/@GritCapital/videos
Timestamps:
0:00 – Historic Bank Failure
0:47 – Backbone of Silicon Valley
1:00 – Bank Runs happening NOW!
2:03 – Did Donald Trump predict this?
2:43 – Warren Buffet says this will happen next!
3:38 – What EXACTLY happened with Silicon Valley Bank?
6:42 – Bitcoin & crypto will THRIVE because…
7:01 – ALL THE BANKS are BROKE!
8:38 – Most important you understand THIS
**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.
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Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT
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