JeffG on Nostr: Damn – Silvergate, SVB, who's next... Sounds like we're coming into the traditional ...

Damn – Silvergate, SVB, who's next... Sounds like we're coming into the traditional financial system contagion portion of this hiking cycle.

It's one thing when shady crypto exchanges go down. It's entirely another when charted US banks with good reputations start to implode. You can almost hear J Powell puckering from here.

Get ready for some fireworks. 🔥