Adarnit on Nostr: This SVB Bailout is reminding me of the Ethereum DAO hack hard fork. Just like how ...
This SVB Bailout is reminding me of the Ethereum DAO hack hard fork.
Just like how the DAO hack was bailed out because the ETH devs screwed up, the SVB depositors were bailed out after the US dollar bond market was hacked by easy money because the Federal Reserve screwed up.
Published at
2023-03-17 23:47:20Event JSON
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"content": "This SVB Bailout is reminding me of the Ethereum DAO hack hard fork.\n\nJust like how the DAO hack was bailed out because the ETH devs screwed up, the SVB depositors were bailed out after the US dollar bond market was hacked by easy money because the Federal Reserve screwed up.",
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