The Silicon Valley Bank Collapse Shows Why the Current System Is Flawed. We Need a Plan B: Bitcoin.

Be prepared for the worst, because the current system is not fixable.

Silicon Valley Bank's bankruptcy is shaking Wall Street.

The big question on everyone's mind: is contagion to the financial system possible?

To answer that question, let's go back to what happened in the last few hours.

On Wednesday, March 8, 2023, Silvergate, which had been in trouble for some time since the FTX fiasco, announced that it would cease opera…