The tweet was deleted by the author.
But we saved everything 🙂.
Silicon Valley Bank lost deposits rapidly, Lawrence Lepard notes
Lawrence Lepard draws attention to a Bloomberg editorial highlighting that more than three years have passed since Silicon Valley Bank lost a quarter of its deposits in a single day. This incident set off a series of bank rescues, with the rapid withdrawal partly attributed to the fast spread of information.
Lepard has previously criticized the U.S. Federal Reserve and banks for acting in their own interests, describing Bitcoin as a better alternative. In recent commentary, he argued that scarce assets such as gold, silver, and BTC are positioned to outperform assets that can be printed. His recent attention to banking risks follows these earlier views on monetary policy and asset selection.
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