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Banks Are Collapsing and Bitcoin Is Rising

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#bitcoin #economy #investing

With the recent collapse of Silicon Valley Bank, many fear that the economy may not be as robust as once thought. The 2023 Banking Crisis has seen several banks fail, yet Bitcoin saw its best week in years during this time.

This is in part because Bitcoin was made for a situation just like this. Bitcoin was created in 2009 partly as a response to the 2008 Financial crisis. Bitcoin's anonymous creator Satoshi Nakamoto was upset with how the traditional financial system handled the situation. So he created his own solution, Bitcoin.
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Finance and Crypto
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