If you are going to listen to one podcast this week it should be this rip with Jesse.
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CD94: Bank Crisis and Bitcoin with Jesse Myers
BLOCK: 780957
PRICE: 4100 sats per dollar
TOPICS: Bank Failures, Bailouts, Contagion, Fractional Reserve Ponzi Banks, Inflation, Money Without Trust, Corporate Treasuries, Stay Humble and Stack Sats
https://www.podpage.com/citadeldispatch/cd94-bank-crisis-and-bitcoin-with-jesse-myers/
If you are going to listen to one podcast this week it should be this rip with Jesse.
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💯 fantastic episode!
🎯
You’re the 👑
Have you guys touched on the FedNow stuff yet?
The thing about credit unions is that they are always trying to market themselves as being different from banks. They aren't regulated or overseen by the FED but by the National Credit Union Administration (NCUA).
So the thing I wonder is if they want to put their money where their mouth is and not cut their legs off at the knee, instead of adopting FedNow why not move to adopt the Lightning network for fast settlements for their CU members? They don't have to hold bitcoin to do that and neither do their members. Dollars transact over the lightning network and they never see bitcoin.
Anyway, I'm just imagining if it would be possible for the NCUA to be orange pilled.
tfw you try to listen to CD on Invidious but remember that you’ve jumped to Start9 from Umbrel an no longer have the app 😭
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Looking forward to it! Up to now, imho this one contains the best explanations so far. https://tftc.io/tftc-podcast/403-dissecting-the-banking-crisis-with-parker-lewis/
Now that I‘ve listened to it: Agreed, great content in that one in general. Thanks Jesse and Matt! 👍
just, wow https://youtu.be/CEee7dAk25c
This was a BANGER. Just finished it today on Fountain.
Indeed. Many great points of discussion. Best illustration of why simply stacking and building on bitcoin in midst of banking crisis is the answer, “If your solution requires permission from the corrupt system you already have then you are doomed to fail”. -ODELL. Same goes for building on Nostr rather than waiting on €L0N. Kudos to all the devs just doing it w/o permissions.
Did. Awesome. Thank you.
Great rip
Listening now!
I’ll be listening to this tonight.