
About this episode
Silvergate, crypto's primary bank, is closing shop. Silicon Valley Bank, tech's primary bank, is in a downward spiral. Two bank runs caused by low-interest rates, duration mismatches and FUD. How did this all start? What do these two banks have in common? And is this a systemic risk to the financial system? We answer all of these questions and more!
If you make it to the deep end (the last ~20 min), we also explore Coinbase's new WaaS offering, Coinbase's business outlook, Voyager's big win and bullish news for GBTC.
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Timestamps:
(00:00) Introduction
(00:33) Bank Runs: Silvergate and Silicon Valley Bank
(54:14) ETH Denver Narratives
(57:00) Coinbase’s Wallet-as-a-Service & Strategy
(1:07:01) Voyager’s Win, GBTC Update and Politics
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Resources:
How Banks Fail
https://jaustincampbell.substack.com/p/how-banks-fail
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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.
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