Greetings, mates! The past week in the banking world was a rollercoaster to say this least. In case you missed it, we wrote a post covering the bank failure of Silicon Valley Bank (SVB) last week. Since then, SVB has re-opened for business and regained a good portion of their business, but it still begs the question of how a bank failure of this magnitude (the second largest one in history!) could happen given their position as a trusted partner in the tech ecosystem? It also led us to consider what this means for the future of finance and the way we store and invest our money. Some people believe strongly that centralized banks are necessary, while others are all for decentralized finance. But is there a happy medium?
Cash to Crypto: Currency Revolution🕺🏽
Cash to Crypto: Currency Revolution🕺🏽
Cash to Crypto: Currency Revolution🕺🏽
Greetings, mates! The past week in the banking world was a rollercoaster to say this least. In case you missed it, we wrote a post covering the bank failure of Silicon Valley Bank (SVB) last week. Since then, SVB has re-opened for business and regained a good portion of their business, but it still begs the question of how a bank failure of this magnitude (the second largest one in history!) could happen given their position as a trusted partner in the tech ecosystem? It also led us to consider what this means for the future of finance and the way we store and invest our money. Some people believe strongly that centralized banks are necessary, while others are all for decentralized finance. But is there a happy medium?