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3232Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks
https://www.digit.info/bitcoin-millionaire-tim-draper-advises-startups-to-keep-bitcoin-as-a-hedge-against-a-domino-run-on-the-banks/
Tue, 28 Mar 2023 07:30:30 +0000https://www.digit.info/2023/03/28/bitcoin-millionaire-tim-draper-advises-startups-to-keep-bitcoin-as-a-hedge-against-a-domino-run-on-the-banks/Read more]]>Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank failures like the collapse of Silicon Valley Bank (SVB). Tim […]
]]>‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion
https://www.digit.info/fiat-is-fragile-silicon-valley-banks-collapse-sparks-finger-pointing-and-concerns-of-contagion/
Sat, 11 Mar 2023 20:30:15 +0000https://www.digit.info/2023/03/11/fiat-is-fragile-silicon-valley-banks-collapse-sparks-finger-pointing-and-concerns-of-contagion/Read more]]>Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others […]
Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank failures like the collapse of Silicon Valley Bank (SVB). Tim […]
Silicon Valley Bank (SVB) has become the center of attention after its collapse prompted the U.S. Federal Deposit Insurance Corporation (FDIC) to shut the bank down on Friday. It was the largest U.S. bank failure since 2008, and various alleged catalysts have been pointed to. Some believe venture capitalists caused a bank run, while others […]