Step 1: bunch of bitcoiners open accounts with Silvergate and deposit up to $250k each.
Step 2: if Silvergate fails we help defund FDIC
If they don’t we take it over from the inside.
Step 3: profit?
This is not a fully fleshed out idea.
Step 1: bunch of bitcoiners open accounts with Silvergate and deposit up to $250k each.
Step 2: if Silvergate fails we help defund FDIC
If they don’t we take it over from the inside.
Step 3: profit?
This is not a fully fleshed out idea.
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