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thrive;9284 wrote:oba;9283 wrote:That's a nuisance and something a well-understanding person will never agree with Bitcoin some organizations like GrayScale are doing and never make a loss.
I think the FDIC spoke person or chairman that make the statement is trying to imitate what Elizabeth Warren says
Elizabeth Warren was the first person to say that people should blame Silvergate's bank collapse on risky crypto whereas lack of knowledge is what always causes loss in crypto.
Guys people like Elizabeth Warren will never make positive statement about crypto currency because she never like it a bit but I am sure it's for her personal interest.
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full;9295 wrote:thrive;9284 wrote:I think the FDIC spoke person or chairman that make the statement is trying to imitate what Elizabeth Warren says
Elizabeth Warren was the first person to say that people should blame Silvergate's bank collapse on risky crypto whereas lack of knowledge is what always causes loss in crypto.
Guys people like Elizabeth Warren will never make positive statement about crypto currency because she never like it a bit but I am sure it's for her personal interest.
People who do not like cryptocurrency have no reason to have an opinion on it. If they do have opinions it's best to ignore them because it's pointless.
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"Life is like a two side of a Coin" she might not be seeing the good side of it or probably might just want to ignore the facts. Crypto as a future and as far as it goes it till growing values more than the centralise tender.
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Did some said Elizabeth? She's too old to understand the importance of a great deal, she prefer seeing what she have at hand rather than stored and secured.
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Did some said Elizabeth? She's too old to understand the importance of a great deal, she prefer seeing what she have at hand rather than stored and secured.
I will take her opinion out of "politics in play" .
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Did some said Elizabeth? She's too old to understand the importance of a great deal, she prefer seeing what she have at hand rather than stored and secured.
No political leader is too old to understand innovative technology because it is part of the reason she was elected into office.
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crpuusd;9867 wrote:Did some said Elizabeth? She's too old to understand the importance of a great deal, she prefer seeing what she have at hand rather than stored and secured.
No political leader is too old to understand innovative technology because it is part of the reason she was elected into office.
Yes, you're right and I believe any political leader that didn't have the knowledge to understand innovative technology that will move the country forward shouldn't be elect into office.
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crpuusd;9867 wrote:Did some said Elizabeth? She's too old to understand the importance of a great deal, she prefer seeing what she have at hand rather than stored and secured.
No political leader is too old to understand innovative technology because it is part of the reason she was elected into office.
Age really matters a lot in a lot of things. Technologies generally need young minds and bodies. We need young politicians in our society so they can understand the evolution of technology.
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Recent decades have seen a dramatically accelerating pace in the development and adoption of new technologies, even though various gaps which can be filled by proper observation
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Technology has been at the heart of the development of societies since the dawn of time. From the discovery of fire to the invention of the more pronounced technologies we know now.
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You must constantly ensure the technology you utilize is up to date due to the ever-changing nature of the tech industry. Here's how to choose the best of the best
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Recent decades have seen a dramatically accelerating pace in the development and adoption of new technologies, even though various gaps which can be filled by proper observation
The recent decade sees an acceleration in the development of technology because we are living in a century where technology is the most paramount aspect of human life.
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The advent of modern technology brought about great changes in our modern life. Before technology, man did not know many modern means in his life but relied on simple primitive tools in everything.
Evidence of history tells us how Neanderthals used stones to burn fire to cook food and so on. Wood was used to make spears, which were used to hunt animals and other primitive methods.
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The failure of a bank located in Silicon Valley, renowned for its innovation and technological prowess, highlights a paradox. Despite being in a hub of innovation, the bank couldn't innovate or adapt to changing market dynamics, leading to its downfall.
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Silicon Valley is synonymous with tech-driven solutions, yet the failure of a bank in this region could erode trust in such solutions for finance. It raises questions about the reliability and stability of technology-driven financial institutions, undermining confidence in the sector as a whole
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A very valid point! The Silicon Valley bank failure has far-reaching implications beyond just the tech industry. It's a wake-up call for fintech and tech-driven financial institutions to prioritize stability and reliability alongside innovation. Trust is fragile, and the sector must work to rebuild and maintain confidence. Transparency, accountability, and robust risk management are crucial to ensuring that tech-driven finance continues to thrive and serve the people.
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The absurdity of the Silicon Valley bank failure lies in the stark contrast between its image as a hub of innovation and wealth generation and the reality of its financial mismanagement and collapse
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In the world of finance, perception often clashes with reality, as evidenced by the demise of Silicon Valley Bank. While hailed as a beacon of innovation and prosperity, its collapse reveals the sobering truth of financial mismanagement lurking beneath the surface.
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Silicon Valley Bank's downfall is a testament to the stark contradiction between its glossy image and the harsh reality of its financial missteps. The juxtaposition of innovation and failure serves as a cautionary tale for the entire industry.
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The fall of Silicon Valley Bank epitomizes the perilous gap between reputation and reality. Despite being synonymous with innovation and wealth, its collapse underscores the danger of overlooking financial vulnerabilities in favor of a glossy facade.
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Silicon Valley Bank's demise shatters the illusion of invincibility surrounding tech giants, revealing the precarious nature of financial stewardship. The tragic irony lies in the contrast between its promise of innovation and the harsh reality of its financial mismanagement.
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The fall of SVB highlights that no entity, regardless of its size or reputation, is immune to financial missteps. This serves as a wake-up call for the tech industry to reassess their financial practices and risk management strategies.
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SVB's collapse illustrates the systemic risks that can arise when key financial institutions falter. It emphasizes the need for robust regulatory frameworks and oversight to mitigate such risks in the future.
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Did you know? Lack of financial literacy leaves many vulnerable to scams and fraud in the crypto market. Stay informed and empowered to protect your assets by learning about risks and best practices.
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The recent collapse of SVB serves as a stark reminder of the critical role regulatory frameworks play in safeguarding our financial systems.
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