Part 6/12:
Amidst the chaos, Bitcoin and other cryptocurrencies have surged, viewed by some as decentralized alternatives less subject to the vulnerabilities of traditional banks. Kathy notes that historically, bank failures often coincide with crypto booms. The fall of SVB and other regional banks exposed the fragility of the banking system, prompting investors to seek refuge in assets like Bitcoin, which offer transparency and audibility absent from traditional banking.