Satoshi didn’t create BTC for us to worry about the 10-year bond rate or interest rates in general.

SVB apparently had a shit ton of 10-year bonds. Why you would want to tie your funds up for such little return I cannot understand but if I were to guess I’d guess it’s for Stability

That’s pretty laughable now – I mean to laugh because it’s better than being upset

Truly, the regulators and Circle have a good relationship. That relationship is what led to USDC being collaterized in commercial paper, investments in the “traditional” banking systems.

Satoshi created BTC because the traditional banking system is fraudulent and not to be trusted.

I’ve always been a fan of Circle/USDC and part of that was because they were compliant. I know they have powerful friends and that’s attractive.

In the end though, Hal Finney knew better 14 years ago and he knew this type of thing would happen over and over and over again. That’s how this goes I guess. Bank runs are not a new thing.