Make no mistake, SI, SIVB, SBNY, Custodia, Kraken, Coinbase, ETF's and many more, were all coordinated immoral and illegal US Govt targeted attacks on Crypto Freedom. Balaji @balajis This shows how the Fed caused the banking crisis. They deny licenses to full reserve banks like Custodia and the Narrow Bank. And they cause bank runs and mass withdrawals by crushing the balance sheets of fractional reserve banks. Financial chaos in the name of stability. Custodia Bank ™ @custodiabank CUSTODIA STANDS FIRM IN RESPONSE TO THE FED Pomp @APompliano Custodia Bank sought Fed approval as a bank that holds $1.08 for every $1 deposited. No fractional reserve lending. No non-sense. They were denied. The Fed blamed bank runs as one reason — the irony of saying this while approved banks have lost BILLIONS in customer funds. Cathie Wood @CathieDWood Why have bitcoin and other crypto assets appreciated during this banking crisis? In our view and in contrast to those in the traditional financial world, many crypto assets face no central points of failure: they are decentralized, transparent, and auditable. Think of the Fed and friends as the system administrators of Western fiat economies. With the press of a key they can seize, freeze, create, or inflate any fiat asset. But they can’t do that to Bitcoin. It’s outside their control. Instead, it’s under your control. BIG BANKS OR BITCOIN? This is why conventional macroeconomic theories of what is about to happen may break down. Because confidence in the US banking system has broken down. More than $500B[1] in wires has already flown through the air in recent days