pull down to refresh

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
551 sats \ 10 comments \ @siggy47 30 Sep Politics_And_Law
Nic Carter wrote this article
write
preview
related posts
63 sats \ 0 replies \ @IamSINGLE 30 Sep
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.
reply
43 sats \ 0 replies \ @jgbtc 30 Sep
So politicians tasked with protecting us from banking crises will purposely cause a banking crisis to get the CBDC they want.
reply
43 sats \ 0 replies \ @Malachi17T 30 Sep
Yep. That admin is all about the debanking.
reply
21 sats \ 3 replies \ @siggy47 OP 30 Sep
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.
reply
43 sats \ 2 replies \ @kepford 30 Sep
This sounds like the piece Catlin Long refered to on TFTC. I think that was the show she was recently on discussing this.
reply
90 sats \ 1 reply \ @siggy47 OP 30 Sep
Believe it or not, Barney Frank brought this up when it happened. I think he was on the Silvergate Board Of Directors.
reply
0 sats \ 0 replies \ @kepford 30 Sep
Yep, heard that.
reply
0 sats \ 0 replies \ @mdominicorobin24 30 Sep
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.
reply
0 sats \ 1 reply \ @jerrybature 30 Sep
Government itself destroying peoples' lives.
reply
0 sats \ 0 replies \ @rebel_nomad 30 Sep
In a very literal sense of the word, yes...
reply