Yellen said she is not considering a large-scale bailout of Silicon Valley banks. She also explained that many large banks were bailed out during the financial crisis, but will no longer do so and will focus on protecting depositors.

In other words, Silicon Valley Bank will have to fend for itself.

I personally feel that the collapse of Silicon Valley Bank will be a big blow to many start-ups. Does it have a more far-reaching impact? What do you think? #SVB #Web3 #crypto2023