Bitcoin rallies amid Credit Suisse, Silicon Valley Bank failures
Cypherpunk Satoshi Nakamoto created Bitcoin as an alternative to the traditional financial system and its perennial bank failures.
Cryptocurrency news by Protos · Protos
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Show Notes
Bitcoin has rallied 20% this month amid a global wave of bank failures.
Bitcoin was born out of a similar banking crisis. In 2009, a staggering 140 US banks failed. Bitcoin creator Satoshi Nakamoto built Bitcoin to disintermediate third parties from digital cash transactions. Using the Bitcoin network, no one need trust any bank nor government to confirm payment.
Listen to how Bitcoin remains a resilient contender as banks struggle to stay afloat.
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