0 sats \ 0 replies \ @kilianbuhn 2 Mar 2023 \ on: Silvergate warns investors it may not survive the year, shares drop 30% bitcoin
Silvergate is such an interesting story imo
Being the fiat world "dealer" guy that provides fiat to all Bitcoin players could be an insanely profitable business model.
It's a mystery why not everybody (JPM, GS, MS...) does it and arbitrages the profitability away.... Yet none of them did 🤔🤔🤔