Will Cryptos Learn from Banks ?

Some analysts in the market have pointed out that the bank failure like Silicon Valley Bank and Signature Bank have direct relationship with crypto collapse as they had assets in crypto exchanges like FTX and similar vehicles.

But not everything can be correlated. SVB’s decision to buy government bonds before the moment that everyone knew that interests will rise was a bad management decision, regardless of the crypto uptrend or downtrend.

On the other hand, crypto projects offered a new tech solution in the trust area, digitizing what banks were doing all those years. For this reason, they don’t need to invent the wheel again.

The simplest thing that crypto projects can do is the things that banks have done well in the past and will just replace them by the time passing….