The US banking system is so fucked that the 13th largest bank is about to go under and nobody is surprised.

First Republic Bank had $200B in deposits in the fall, now they are worthless.

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Most of these banks have 0 BTC so all pretty much worthless.

If only there was a way to . . .

It’s all so tiresome.

Kek 🤣

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I think it's beautiful. Creation thru destruction.

Reminds me of the hIndu god Shiva.

He is one of the three supreme gods found in Hindu mythology. He is known as the destroyer while the other gods are the creator (Brahma) and the preserver (Vishnu). While the other gods are responsible for the creation and perseverance of the earth, Shiva must destroy it in order to recreate it.

Thank you for the lesson sir!

link to info?

another one bites the dust

没人感到惊讶,也没有引起太多关注,说明这已经成为法币系统的常态,不算什么大新闻了。但推动加速转向 #BTC

lightning:cndx@btcdv.com 🐇ᥬ[🐕]᭄🌿

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KEKL

Fractional reserve ponzi.

🎯 ponzi banks backed by government bailouts

I'd add to your comment here. "backed by government bailouts, funded by a Private Corporation, The FED, creating out of thin air, the paper money that is destroying the buying power of the American's wealth by the day. Part of the plan to transition to something more sinister. A govt crypo currency.

Everyone so secure in the fact that the Treasury/FED will lender of last resort everything…now we see if the LOLR needs a bailout 😂

“At first you go bankrupt slowly, then all at once.” - Ernest Hemingway (1926)

Unbelievable but true

Followed!!

What gets me is how little I’m hearing about it. Seems like it’s all falling down and no one wants to talk about it.

Emperor’s new clothes?

Or maybe I just don’t watch the news enough 🤔

Bitcoin fixes this

It's so crazy people are not freaking out still. I would be so worried if relying on fiat

You tell 'em, dad. 🐀🧀

I'm only on chapter 6 of The Mandibles. Can I finish before the book becomes reality?

What is their website and/or do you have a link to a news story on that? Not that I double you - just that I want to learn more.

Is it mostly commercial banks or is it consumer savings & loans?

Mainstream still don't seem oblivious....

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The only surprise is that there haven’t been more and more frequently. I’d image there are a few more in the throes, dragging in out hoping for a last minute miracle.