Silvergate had to fail. It was a direct competitor to the Federal reserve cartel.
The timing was more than convenient and provides a good scapegoat (crypto) for the incoming Fed created economic bust.
BTC price, like Gold in 2008, will drop because speculators/levered hodlrs will have to sell to meet short term liquidity needs.
Smart money will hodl and buy the dips.
loishodls /
npub13e…tuwqh
2023-03-11 02:39:01
Author Public Key
npub13el7eg6zrtfsnr0fn7gysj4hq0sgph3c3dffd6rcvz5lknxqneeqxtuwqhPublished at
2023-03-11 02:39:01Event JSON
{
"id": "33881da8fefb905d052526745a1213e5c682ae06814a0272cd10616405434638",
"pubkey": "8e7feca3421ad3098de99f90484ab703e080de388b5296e87860a9fb4cc09e72",
"created_at": 1678502341,
"kind": 1,
"tags": [],
"content": "Silvergate had to fail. It was a direct competitor to the Federal reserve cartel. \n\nThe timing was more than convenient and provides a good scapegoat (crypto) for the incoming Fed created economic bust. \n\nBTC price, like Gold in 2008, will drop because speculators/levered hodlrs will have to sell to meet short term liquidity needs. \n\nSmart money will hodl and buy the dips.",
"sig": "1e52c9f931d07d3122c33a9c24efdab83708bc0dc1d0e8ea616633016bca080a2b6c5bdb3a1db859220f41467ef15b4847b5d2bf91a315366d0545488d85dbfc"
}