"Out of the many reasons behind the catastrophic collapse of Silvergate Bank, followed by Silicon Valley Bank and Signature Bank, marking the second and third largest banking collapses in U.S. history, the cryptocurrency industry isn’t one of them." - Forbes.com
"Financial transactions take place efficiently, seamlessly and at very low costs in this world of centralized databases. There is, however, a major systemic discomfort. These databases are invariably owned by some central authority which controls all these assets and transactions… There is an alternative emerging… [the] centralized databases-based financial world of banks and insurance companies is in for a jolt by the new technology of blockchain and cryptography, more commonly described as cryptocurrencies." - Subhash Chandra Garg (Ex-Finance Secretary and Secretary Economic Affairs, Government of India, India)