This episode was recorded on 3/11 - since our recording, Signature bank has been closed by regulators, essentially leaving the crypto world unbanked.
We do not provide any financial advice and provide content purely for educational purposes only. We believe it is best practice to self custody any digital assets, and believe times like these are what Bitcoin is for. Enjoy the show!
On this episode of the Bitcoin beat, we have another Jam Session. We dig into the bank runs on Silvergate and Silicon Valley Bank.
We start with the recent CPI numbers, Jerome Powell's Senate banking committee hearing, the hawkish fed, and how this may have played a role. We then switch gears to stablecoins, their role in the overall ecosystem and how they may develop in the future.
We bounce to regulation, discussing the grayscale lawsuit and the possible lawsuits coming down the pipe on Coinbase, Kraken, and Robin hood.
Finally, we wrap with the proposed tax on Bitcoin mining energy usage and how this could set a broader legal precedent. We hope you enjoy this one. Reach out to us on twitter @suresats or on our website suresets.com.