“MIDSIZE US BANKS ASK FDIC TO INSURE ALL DEPOSITS FOR 2 YEARS.” Steady lads. Gonna need more cowbell……

Cool chart… #[0]​ #[1]​ #[2]

#[0]​ - we need a new term for an institution that holds 100% of on demand deposits……. “Bank” is not that word.

This is a must listen #[0]​ articulates the problem and the solution so well. This is gold for your 👂

Last week my signature ⚡️ of 111 sats was worth 3c of old greenbacks…..this week it’s worth 5c. Can’t wait till it’s $1. #[0]​ #[1]​ #[2]​ #[3]

Putting his money where his mouth is…

X (formerly Twitter)

Balaji (@balajis) on X

Here are the remaining references, as Twitter has a limit on the number of links in one post. I am moving $2M into USDC for the bet. I will do it ...

GN - wonder if CS will still be alive in the morning?

This is a must listen….. Caitlin Long and Custodia is going to bring the 🔥

Megaphone.fm

Banks Bailed Out, CPI, Fed Pivots, Bitcoin Pumps! | Twitter Spaces With James Lavish, Preston Pysh, Mike McGlone, Bill Barhydt, Tom Dunleavy, Dave Weisberger by The Wolf Of All Streets

Banks Bailed Out, CPI, Fed Pivots, Bitcoin Pumps! | Twitter Spaces With James Lavish, Preston Pysh, Mike McGlone, Bill Barhydt, Tom Dunleavy, Dave ...

*Credit Susie found “material weakness” in financial reporting #[0]​ #[1]

Don’t trust, verify. “Silicon Valley Bank failed just 14 days after KPMG LLP gave the lender a clean bill of health. Signature Bank went down 11 days after the accounting firm signed off on its audit. What KPMG knew about the two banks’ financial situation and what it missed will likely be the subject of regulatory scrutiny and lawsuits. “ https://www.wsj.com/articles/kpmg-faces-scrutiny-for-audits-of-svb-and-signature-bank-42dc49dd #[0]​ #[1]​ #[2]

Can’t make this stuff up….. meme world continues! #[0]​ #[1]​ #[2]​

GS just pulled their March hike. No hikes for you! #[0]​ #[1]​ #[2]

BTC is my stable coin.

Anyone like beer? Will send a 4-pack to anywhere in Australia for 89,000 sats. Just an experiment…… curious to see what happens? 🤷‍♂️ lnbc890u1pjqc20rpp50l6ky3uf8q6p3lwmtqceakcxcntazd9laacth4unnx393ylv98lqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5g7j8tgg4fvr92xx3t9u8jvcwpcxytuwfhwrrapykd9smdvzh9xls9qyyssqt695vm6kch2r28sttt8hjfkds03ftzdj6fzsfe7ct223cv93xrtrpguvrna6ynj48t0wcm9u5qxeka89ynaxty4jqqglkt0sc459zvsped8cac

Forbes keeping their winning streak alive….. 👏👏👏 https://twitter.com/SVB_Financial/status/1632818336391213059 #[0]

#[0]​ - any thoughts on this master piece of policy? Considering the incentive structure and ability to support more sustainable energy production, it appears somewhat misguided.

Cointelegraph

Biden budget proposes 30% tax on crypto mining electricity usage

The U.S. budget for the fiscal year 2024 from President Joe Biden proposed a phased-in 30% tax on crypto mining electricity usage.