So how much exposure does framework have to SVB? Sure hope you guys didn’t put too much faith into the fiat ponzi.
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SVB seems to have crashed because of crypto and crappy investments, and crypto are now crashing cause of svb crash.
Crypto currencies must die
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Not just crypto it’s an inbuilt power and debt transactions.
Stored power needs to depreciate over time like a battery and more so like a banana.
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These banks are failing because of crypto exposure.
Edit: I should clarify that I am referring to Silvergate and to Signature Bank, not necessarily SVB.
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Nirav actually responded to this screenshot on the subreddit
We’ll be fine. Our finance team and I are just getting a few years of grey hair over a few days.
sounds like it hasn’t been fun, but they’re working through it!
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The Federal Reserve has guaranteed all deposits, uninsured or no, Framework is in no danger. They will be able to access their money tomorrow. The losses will be borne by any bondholders and equity holders. They’ll be the ones getting screwed.
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Cash is freedom, virtual currency is slavery… 
This thread has run its course and will only serve to foster argument. Closing.
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