This podcast episode delves into the recent bank runs and the collapse of Silicon Valley Bank (SVB). It explores the factors contributing to these events, including carry trades, interest rate hikes, and the role of money market funds. The episode also examines the government's response to the crisis and the implications for the crypto industry and the Federal Reserve's interest rate decision. Additionally, it discusses the potential benefits of crypto and DeFi in addressing traditional banking system issues and the need for policy advancement and institutional investment in the crypto space.
