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The Silicon Valley Bank Collapse Shows Why the Current System Is Flawed. We Need a Plan B: Bitcoin. Be prepared for the worst, because the current system is not fixable.

submitted by /u/sylsau [link] [comments]

Satoshi’s over Everything.

submitted by /u/322118 [link] [comments]

The media spread Binance FUD for months and said that Binance was insolvent, so Binance had to experience a major bankrun; but now two major US banks collapsed and Binance is doing great

Since the fall of FTX and arguably even long before, the media have been attacking Binance. I would argue that Binance is the most attacked company in the world. This FUD even sparked a major 'bankrun' with people withdrawing more than...

Daily Discussion, March 11, 2023

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...

With insolvency fears rampant. Here's how one unlucky user paid $2,080,468.85 to receive $0.05 of USDT.

The unfortunate soul used the KyberSwap aggregation router to dump a large clip of 3CRV (DAI/USDC/USDT) LP token into USDT. This is already a questionable decision since you could just withdraw the LP into USDT for 6% slippage, but m...

Justin Sun the founder of TRON is trying something which is either pure genius or really really dumb.

Justin Sun the founder of TRON has just exchanged 82 million worth of $USDC to $DAI in some sort of arbitrage attempt. Both $USDC and $DAI have both depegged, both are trading at around ninety four cents. https://preview.redd.it/epz41w...

This Usdc situation has me thinking. There’s 4 ways I think this will end.

Usdc is holding on by a thread, a very, very thin thread. I believe there will be four ways this will end, I would love to hear you theories and thoughts on what I’m about to say, with further a do, let’s begin. FIRST OUTCOME Usdc continues being de...

If you're freaking out today, you might want to take a look at these comments in the daily almost exactly 3 years ago. And if you're not freaking out, read them anyway. They're pure gold

I've shared these comments before but with the 3 year anniversary coming up and with recent news events and so-called "stable" coins losing their peg, I feel like now would be a good time to look through a previous "catastrophe&quo...

Watch: CNBC's Jim Cramer a month ago says, Crypto is "a Time Bomb", then the next day he shills you Silicon Valley Bank.

submitted by /u/JuicySpark [link] [comments]

Moons/ETH just became the number one defi pool on all of Arbitrum Nova with a TVL of $377K with 124 ETH/818K Moons in liquidity.

We are now the number one defi pool on all of Arbitrum Nova passing the ETH/USDC pool. https://www.geckoterminal.com/arbitrum_nova/pools After hitting an ATH in TVL of $377K with over 124 ETH and 818K Moons in Liquidity. It's a bittersweet...

Coinbase just suspended selling USD Coin. Massive selloff drains Curve pool.

At the time of writing this, Curve 3pool USDT reserve is completely drained as a result of massive USDC selloff: https://preview.redd.it/tj791ftri1na1.png?width=942&format=png&auto=webp&s=105ccd3884fa2c2c0b5aec79178a6998412a9705 [UP...

Coinbase to pause USD Coin to USD conversion this weekend, they assure funds are safe

submitted by /u/Concept-Plastic [link] [comments]

Silicon Valley Bank Contagion: Crypto Companies Affected Include BlockFi, Circle, Avalanche

submitted by /u/Trixteri [link] [comments]

I'm afraid we have some bad news

USDC has lost it's peg, this could be one of those black swan events that could collapse not only USDC, but crypto as a whole, hopefully it's going to go back up, if it doesn't...we are in for a rough ride, most of you will say "yeah...

75% of /r/CC readers haven't been around for this tidbit: there was a time when tether (USDT) lost its peg in 2018 for about a week.

So quick tangent: the subreddit's subscriber count really began to pick up at the end of 2020 to the end of 2021. Maybe 80% of the reader count we have now joined back then. https://imgur.com/a/0QGz7lh I remember the day when tether lost its pe...

Found a BTC ATM in Mexico City’s downtown

submitted by /u/No-Property1991 [link] [comments]

Circle confirms $3.3 billion of its reserves are with Silicon Valley Bank

submitted by /u/_cipherunknown [link] [comments]

Alright guys, banks have been folding and fear mongering as been starting to surface..

I’m a avid lurker here in this sub and I’m kinda of active when I’m not busy working. But with the series of events this past week I have a strong feeling for next week to enter the “Contagion” phase which will really be a swift kick in the nuts for...

With all the bank runs and liquidations Bitcoin is inevitable!

submitted by /u/ProthosMining [link] [comments]

Fiat bank users with more than 12 BTC just lose the rest if the bank goes bankrupt. Living in the past must be crazy.

If you got 100 BTC stored at the bank in fiat currency and they go bankrupt, they only return 12 BTC worth of fiat currency, that's crazy they called it FDIC insurance. submitted by /u/hyperinflationUSA [link] [comments]

Remember why we’re here in the first place..

Why was Bitcoin created? The concept of Bitcoin first came into creation in 2008, as a response to the Great Financial Crisis and the financial world’s reliance on banks as intermediaries of all financial transactions. submitted by /u/P...

This is the moment Bitcoin is supposed to shine, right?

So Satoshi made Bitcoin in response to the Great Financial Crises and that having a fixed supply of “currency” was the only way for any economy to be fair. I was told for the last few years that when the fiat banking system faces severe stress, like...

News: Open AI announced a product that allows you to receive cryptocurrency using artificial intelligence.

Recently, the official Twitter account of OpenAI posted tweet about the release of a new tool for obtaining cryptocurrencies using artificial intelligence technologies. I quote their tweet: Open AI is now available to CryptoGPT. The first ever...

1 Bitcoin or higher income?

You've got an extra $25k and BTC is $20k right now. Would you rather: A) Buy 1 Bitcoin B) Get a CDL + a few months of cushion to land a job as a cementing operator for payment of $3k a week after taxes. submitted by /u/Small_Cap_Fin...

Square Enix also hopes you "...look forward to the blockchain games we plan to launch in FY2024/3 and thereafter." Planning to launch on Ethereum

submitted by /u/aminok [link] [comments]

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