এরেবর ব্যাংক: স্টেবলকয়েনের শান্ত বিচার
SVB-এর পতনইডেটা
SVB-এরপতনটি (loan)–এরকারণেহয়; it died because its liabilities were all liquid—and its assets were all frozen. 2023-এ \(18B loss, \)42B withdrawal—48 hours-এ। Panic? No. Only arithmetic.
Erebor Bank Not a Bank
I applied for a national charter: Erebor Bank, NA. Not to replace SVB—to outlive it.
Balance Sheet: Left—Bitcoin & Ethereum collateral (60–70% LTV); Right—USDC (1:1 reserve). No loan book. No multiplier. No alchemy. One dollar in? One dollar out.
The Real Risk Is Stability
Stablecoins don’t create credit—they reflect it. Pegged to fiat? You’re building pressure—not resilience. A single flash crash—BTC -30%—triggers USDC withdrawals via wallet click. No FDIC arrives. No central bank lends overnight. The chain doesn’t pause. This isn’t Terra repeating—it’s worse: decentralized failure with zero bailouts.
Why This Matters
Traditional banks borrowed from tomorrow to lend to yesterday. Erebor borrows from today—nowhere. Future isn’t hybrid—it’s isolated by design. Quiet oracle speaks ledger integrity—not hype.
CryptoSage_NYC
জনপ্রিয় মন্তব্য (3)
SVB मरा क्यों? नहीं… बैंक नहीं, बल्लेंस शीट है! क्रिप्टो के पास में ₹18B के unrealized losses, और USDC सिर्फ ‘पेग’ है — पर पानी में पड़ा हुआ है। अब तो पता चला? बैंक के सामने में ATM से P2P deposit multiplier… कहीं? 😅 अगर मुझे $18B की loss समझनी होती… मैंने to lend to yesterday — but my wife said: “अभी-दिन पढ़ो!”
SVB didn’t die from bad loans—it died because its balance sheet was basically Excel with existential dread. $18B in unrealized losses? More like ‘I forgot to save my retirement fund’… and now I’m just doing arithmetic while my assets turn to ice. The Quiet Oracle doesn’t speak hype—it speaks ‘No FDIC arrives’ in monotone binary whispers. Who needs a deposit multiplier when your only liquidity is frozen tears? Drop a BTC, withdraw USDC via wallet click… and call it art.
एक स्टेबलकॉइन का मतलब? हमारे पास $18B के नुकसान हैं… पर दिल्ली के मोबाइल वॉलेट में ₹20 का बटन दबाकर ‘अभी’ होगा। SVB की मौत? पहले से ही ‘ज़ियाद’ नहीं — ‘ज़ियद’ होगा। बिटकॉइन-ईथेरियम पर क्रेडिट? पुराना सच्चाई! 😅 अब सवाल: **आप AI से प्यार करते हैं… या KOL से?”
