In banker speak, "liquidity concerns" translates roughly as "the bank needs to come up with some cash, quick."
To do that, SVB sold a $21 billion slug of government bonds. But because interest rates have risen so much β bond prices fall when rates rise β it sold them at a loss of $1.8 billion.
To patch that hole in its finances, the bank also moved to raise money by selling new shares as part of a plan to come up with $2 billion in capital. But not success!!!
Bitcoin in Ledgers is the safest money out there and no second best π
minh
minh@primal.net
npub105pt...z4vt
In Code We Trust
BTC in Ledgers is the safest money π€

BANK RUN π€£

Price is the noise #bitcoin
he just got zap β‘οΈ 

Fed Chair: Cryptocurrencies would "certainly" go to zero if the US launched a CBDC.
The only solution, the only way out of this debt problem is to raise the debt ceiling to take on more debt so we can get out of this debt problemβ¦
π€·ββοΈ
π 

πΆ
I don't know, but I believe βbitcoinβ
That some things are meant to be β‘οΈ
And that you'll make a better me
Everyday I love you π bitcoin
πΆπ€£
π€£ 

SO SWEET
I found myself dreaming in silver and gold
Like a scene from a movie that every broken heart knows
We were walking on moonlight, and you pulled me close
Split second and you disappeared and then I was all alone
I woke up in tears with you by my side
A breath of relief, and I realized
No, we're not promised tomorrow
So I'm gonna love you like I'm gonna lose you
I'm gonna hold you like I'm saying goodbye β¦ πΆ
The Swiss National Bank has reported an annual loss of $141.54 billion
This is the largest loss the bank sustained in 115 years. However, it doesn't face bankruptcy due to its ability to print money π
bitcoin
nostr ladies and girls β‘οΈπ 

when dollar is not backed by gold, people lose their hard earn money in the sea of fiat money, bitcoin is hope π€ 

Bitcoin π 

Sometimes the battle between our mind and heart can be intense. But in the end, which one prevails? #[0]β π nostr
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What is your favorite programming language book coder? π 
