[tejohnso]

Why wouldn't events like this reinforce the value of crypto as an alternative to traditional big bank big gov't currency? It's operated in a completely different way that isn't based on debt creation.

[dogma1138]

Because crypto doesn’t change anything, exchanges had liquidity issues and went under in the same way as SVB did…

Crypto isn’t magic its just a glorified balance sheet.

And today it’s even more complicated since you need to exchange crypto for actual money so there is another layer of liquidity risk.