Thursday, March 16, 2023

🔹 The recent closure of Silicon Valley Bank has brought attention to Bitcoin as a decentralized alternative to traditional banking systems.

🔹 Fractional reserve banking struggles to cope with withdrawals, leading to Bitcoin's secure and non-custodial store of value becoming an attractive option.

🔹 The event also exposed the vulnerabilities of the DeFi sector, emphasizing the importance of decentralization.

🔹 As we navigate the changing macroeconomic landscape, it's critical to stay alert and keep an eye on market updates and policy changes.

Our full medium article ⤵️

https://medium.com/lumerin-blog/heres-how-the-banking-crisis-is-leading-people-back-to-bitcoin-cc1697992c4b


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