Biden's done a lot of plots to destroy US politics. I don't have hope from any of the politicians from anywhere. They are there to destroy than to build.
In short: the government’s desire to decapitate the domestic crypto industry through covert rulemaking aimed at crypto-focused banks both initiated and worsened the banking crisis of 2023, the largest since the great financial crisis in 2008.
Set aside a good chunk of time to read this. It is loooong.
I am very familiar with this “establishment” insinuations…
Silvergate was a sleepy, small regional bank until it discovered crypto.
They were more forward thinking than the rest of the world. The whole world was too dumb to understand. They were shot down. It is not hard to make that sort of conclusion.
Biden's done a lot of plots to destroy US politics. I don't have hope from any of the politicians from anywhere. They are there to destroy than to build.
Set aside a good chunk of time to read this. It is loooong.
This sounds like the piece Catlin Long refered to on TFTC. I think that was the show she was recently on discussing this.
Believe it or not, Barney Frank brought this up when it happened. I think he was on the Silvergate Board Of Directors.
Yep, heard that.
So politicians tasked with protecting us from banking crises will purposely cause a banking crisis to get the CBDC they want.
Yep. That admin is all about the debanking.
I am very familiar with this “establishment” insinuations…
They were more forward thinking than the rest of the world. The whole world was too dumb to understand. They were shot down. It is not hard to make that sort of conclusion.
Government itself destroying peoples' lives.
In a very literal sense of the word, yes...