Silvergate

Credit Suisse in Switzerland Follows the Pattern

By / / Cryptos / Digital Currency, Politics / Government / 3 minutes of reading

Silvergate collapsed on the 8th of March, like 8/3, or 83. Then we had Silicon Valley Bank collapsing on March 10, exactly 83 days after the Pope’s birthday. Of course, these collapses were tied to the ritual meaning itself. Collapse = 83Market Collapse = 83 After Silvergate and SVB collapsed, ‘Signature Bank’ followed suit on March 13. Signature Bank = 83 And on March 15, the Ides of March (a very Jesuit day,) it […]

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Regional Banks Struggle, SVB CEO Blamed for Collapse, and Agenda 2030 With Digital Wallets Marches on

By / / Cryptos / Digital Currency, Politics / Government / 4 minutes of reading

Will 2023 be the beginning of the end for the current banking system? Are they accelerating their agenda? There are rumors that Connexus Credit Union in Canada recently went full Digital Banking with updating their online platform and by changing “accounts” into “digital wallets” backed by LexisNexis Risk Solution’s ‘ThreatMetrix,’ a digital identity intelligence and authentication platform. ThreatMetrix is a platform that decides what transactions are legal and appropriate, and can deny you access

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Crypto Centralization: Stablecoin USDC Breaks Dollar Peg – And Musk ‘Open to the Idea’ of Buying SVB

By / / Cryptos / Digital Currency, Politics / Government, Technology / 4 minutes of reading

The market is in turmoil after “crypto-friendly” Silvergate Bank collapsed shortly followed by Silicon Valley Bank (SVB,) and social media is full of doom-sayers, worried about the money they have in the bank. Well, while these rituals are a foreshadowing of the ongoing narrative of Crypto needing to be centralized and controlled by governments and world banks, I still think that scenario is years into the future. What we see now is some of

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Silicon Valley Bank Collapses by The Numbers After Failing to Raise Capital

By / / Cryptos / Digital Currency, Politics / Government, Technology / 3 minutes of reading

In the wake of the Silvergate collapse on March 8, Silicon Valley Bank (SVB Financial) began to collapse on March 9, the 83rd day of the Pope’s age, whereas it officially collapsed on Friday morning, March 10, exactly 83 days after the Pope’s birthday. Remember, SVB began having trouble on the same day that Silvergate collapsed, on Wednesday March 8, like 3/8 or 83 backwards. Collapse = 83Market Collapse = 83 As you should

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Crypto-Friendly Bank Silvergate Collapses by the Numbers

By / / Cryptos / Digital Currency, Politics / Government / 4 minutes of reading

Crypto-focused lender and Bank Silvergate said this Wednesday, March 8, 2023, that it is winding down operations and will liquidate the bank after being financially pummeled by turmoil in digital assets. “The problems that faced Silvergate were primarily a result of less-than-adequate risk management, notably one of relying too much on volatile short-term deposits while lending or investing at a longer duration,” Weisberger said. “This is not like the collapse of FTX, where investors

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