I'm sure Jamie Dimon and his buddies love this story.
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154 sats \ 0 replies \ @GhostofTruth 2 Jul 2024
absolutely! yesterday I had a conversation with two friends here in Spain who are so happy to have all their money bundled in one account at a big bank here in Spain. i didn't know what to say anymore, they know my opinion about it and Bitcoin. So down here there is actually almost no adaptation at the moment. Obviously the banking cartel is holding the fort together with the commiestaat
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115 sats \ 0 replies \ @0xbitcoiner 2 Jul 2024
https://imgprxy.stacker.news/BpI0cSJViHl4AZy8EtyeWlKRCPfegbp7sUopmzjBMFg/rs:fit:1920:1080/aHR0cHM6Ly9tLnN0YWNrZXIubmV3cy8zNzkyOQ
@TNStacker in #593911
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73 sats \ 1 reply \ @grayruby 2 Jul 2024
Millenials and Gen Z "turns out dad's bank is the only one we can trust". Yeah Jamie et al would love that.
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50 sats \ 0 replies \ @Bell_curve 2 Jul 2024
The irony of fintech is reliance on more middlemen vs disintermediation
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73 sats \ 1 reply \ @StillStackinAfterAllTheseYears 2 Jul 2024
Yeah, I'd say so. He might as well have written the piece.
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0 sats \ 0 replies \ @Bell_curve 2 Jul 2024
She works for FedEx which has multiple credit unions
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75 sats \ 0 replies \ @Bell_curve 2 Jul 2024
Until recently I had never heard of Evolve 🏦 or Yotta or Synapse
Plaid is a terrible service FYI
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54 sats \ 0 replies \ @BlokchainB 3 Jul 2024
These fin tech banks would have pwned legacy banks if the regulators weren’t so burdensome. Just ask Caitlin long and her fight with the Fed.
The system is rotten to its core. Fuck banks and everything they stand for Greedy bastards
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54 sats \ 0 replies \ @SatsMate 3 Jul 2024
Another reason why one should Bitcoin and not put their mone in a centralized financial institution.
I do feel bad for all the victims of this, and I hope many of the influencers that were touting this bank leveraging Synapse make some statements publicly. Many people lost a lot from this.
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54 sats \ 0 replies \ @2fde71bd70 2 Jul 2024 freebie
That's really amazing many people entire the system
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54 sats \ 0 replies \ @IamSINGLE 2 Jul 2024
Banks are banks, smaller or bigger, if small ones are failing, big ones will fail in a bigger way!
I think Bitcoin will take over banks much earlier than we can anticipate.
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54 sats \ 0 replies \ @BitcoinAbhi 2 Jul 2024
Statement is absolutely right.
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54 sats \ 0 replies \ @Msd0457890 2 Jul 2024
A great truth.
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17 sats \ 0 replies \ @galt 3 Jul 2024
Don't be fooled there's also no money at the bank either, house of card of digits on a screen waiting to collapse
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0 sats \ 0 replies \ @Satosora 3 Jul 2024
Was it three or four years ago that fintech started to become big?
I remember many friends saying you should invest here.
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0 sats \ 0 replies \ @Gendon 2 Jul 2024
Thanks to slution
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0 sats \ 0 replies \ @NaOD 2 Jul 2024 outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.