Coinbase somehow managed to release the perfect crypto ad one day before banks started collapsing.
2 min read
Coinbase released arguably the best crypto ad ever made on March 7th.
The ad shows all the issues with the modern banking system and finishes with the sentence “It’s time to update the system”
you can see the ad here if you haven’t already seen it.
https://twitter.com/coinbase/status/1633222932255358976
The next day March 8th – Silvergate announces it plans to wind down bank operations and liquidate it’s bank.
Today March 10th – Silicon valley bank collapsed
customers rushed to the bank desperately hoping to be able to withdraw funds
Customers lined up outside Boston bank owned by Silicon Valley Bank
We’ve seen images like these from countries around the world but many people who live in the global north have dismissed them as only something that happens in third world countries. Seeing it in the US will be a wake up call for many.
Although this has also caused the price of crypto to plummet, holding your crypto on your personal hardware wallet still seems preferable to lining up outside of a bank hoping to be able to withdraw your money.
NYKNYC
submitted by /u/Odlavso
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