Inside The Biden Admin's Plot To Destroy Silvergate And Debank Crypto For Goodwww.zerohedge.com/crypto/inside-biden-admins-plot-destroy-silvergate-and-debank-crypto-good
520 sats \ 10 comments \ @siggy47 10h Politics_And_Law
Nic Carter wrote this article
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63 sats \ 0 replies \ @IamSINGLE 8h
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.
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43 sats \ 0 replies \ @jgbtc 1h
So politicians tasked with protecting us from banking crises will purposely cause a banking crisis to get the CBDC they want.
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43 sats \ 0 replies \ @Malachi17T 9h
Yep. That admin is all about the debanking.
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21 sats \ 3 replies \ @siggy47 OP 10h
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.
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43 sats \ 2 replies \ @kepford 10h
This sounds like the piece Catlin Long refered to on TFTC. I think that was the show she was recently on discussing this.
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69 sats \ 1 reply \ @siggy47 OP 10h
Believe it or not, Barney Frank brought this up when it happened. I think he was on the Silvergate Board Of Directors.
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0 sats \ 0 replies \ @kepford 6h
Yep, heard that.
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0 sats \ 0 replies \ @mdominicorobin24 5h
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.
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0 sats \ 1 reply \ @iamjerry 5h
Government itself destroying peoples' lives.
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0 sats \ 0 replies \ @rebel_nomad 5h
In a very literal sense of the word, yes...
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