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184 sats \ 0 replies \ @tomlaies 10 Mar 2023 \ on: ELI5 – What's happened to Silicon Valley Bank? ☠️ bitcoin
I think you're fundamentally misunderstanding something here. Treasuries ARE the fractional reserve.
Silicon Valley Banks problems are on the reserve part, not on the fractional part.
What you are describing is more of what happens to Silvergate rn. Or what happened to FTX.