Not seeing anything yet on twitter, but I've heard from a few bitcoin companies that there has been several debankings today. Is anyone else hearing this?
31 sats \ 3 replies \ @k00b 1 Nov
I'll ask about this in a bitcoin founder group chat, but I haven't heard anything.
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31 sats \ 2 replies \ @k00b 1 Nov
Only thing I got back was some founders having issues with Wise, but I guess that's normal.
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Cool, maybe it’s just a coincidence then
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Another coincidence theory… hmmm 🧐
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being a generic saas with a old timey local bank fixes this
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Can you be specific? Of course it happens but if several you should be able to cite one or two without blowing your elite cover.
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My friend could not withdraw from Fidelity for 2 weeks after selling his treasury bonds
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📞The Fed is experiencing higher than normal call volume. Please call back later. ☎️
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Debankings? As in bank runs?
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No. Where the bank tells a company that they are closing their account. Specifically a problem when the company is totally legal - like a bitcoin company.
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Interesting. I heard that happens with marijuana companies, but bitcoin companies?
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Yes. Has happened before, and apparently there's an uptick yesterday and today.
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