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Why Crashing Banks Will Usher in Digital Currency

Analysis by Dr. Joseph Mercola Fact Checked

Story at-a-glance

  • Three large banks failed in a single week in March 2023, and the ripple effect could easily take down the entire banking system. The cascading bank failures began March 8 with the shut down and liquidation of the crypto bank Silvergate Capital. It had invested deposits in Treasury bonds, which lost value as interest rates were hiked to stem inflation


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