Why would I care about bad bank? It’s not like I’m spending the change? Only the mixed output after X number of mixes?
Thanks, I’m still new to mixing, appreciate the help
Wasabi has been really pushing the adverts. It was only a year ago in the trucker protests when that team totally sold their users to chainalysis, have people forgotten already?
I’m having trouble understanding? Are you trying to shill Wasabi, Samurai, or Chainalysis?
Does whirlpool have similar issues, when used through sparrow & Samurai? Excuse my ignorance
Forever Learning
Currently, the higher the interest rate a bank offers on a CD is indicative of how desperate that bank is for outside deposits.
Current fed funds rate 4.75%, current 10YR Treasury 3.56%
Current other avenues of more profitable lending vary, but columns of those loans are depressed.
I am seeing CDs at 5-5.35%… these are being issued at a loss by the banks to try and pull in outside deposits and restore bank solvency.
Someone needs to help whirlpool those coins so Lionel can get some privacy
The fact that BSV takes 100 blocks to be considered confirmed (no reorgs) it helps it cut down on financial fraud and allow for centralized intervention and the US will stand behind that because it is easier to roll back the chain… is that fair to say Jim Cramer?
BTC will win out against all assets acting as a store of value
That’s like 120 quarters, for people who track time based on the financial calendar of publicly traded stocks… like I do
It’s happening on the fringes, but some people are realizing they need to know some money accessible in the event of continued bank crisis. Bitcoins purchasing power may be uncertain but it’s salability and mobility are certain
In 50 years 50,000 sats may be a reasonable middle wage monthly paycheck.
Everyone says hold dollars, but then comes the question of where to store them? And if you store them digitally at a bank what are the rules to accessing them. The system is so much more convoluted then it has to be
It’ll be a couple years, but soon people will realize there is no such thing as a stable coin. A dollars purchasing power forever decreases. Bitcoins purchasing power forever increases.
Nothing is stable when denominated in the price of another currency or asset. An asset is only stable when denominated in itself. 1BTC=1BTC
Once people begin to realize this, they start comparing different assets/currencies and store their value proportionally in the one most likely to store their purchasing power into the future despite the volatility. Everything is volatile, it just depends on what you are denominating it in
People in my professional network still ask questions like: “how will this bank failure affect Bitcoin?”
We are so early
Tic-Toc next block
When you post and your post only gets likes and not zaps
“Wow… must have been a crappy post”
Breaking: “Biden says Americans can have confidence that the US Banking system is safe”
If it needs to be said there is a good chance that’s not true
I was talking with a friend yesterday about the future of technology. He, like most people believe there will be further centralization in govt, technology and power.
People will be so surprised as Decentralization blows up todays hierarchies.
the deficit myth: Stephanie Kelton claimed in her book, if the government stopped collecting taxes, we as consumers would overheat our economy and create terrible inflation because we would be so flush with cash.
Even the so called experts fail to understand the effects of monetary inflation