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✝️ Threat Level Worldwide
595c2624c7f93364580bafa75ccb51db247f64553007f8dac244244a49f4c97e
Opt-out of the world system

Sounds good.

Hey, if u wanna go full nostr, you could think about using the 2 nostr blog / long form sites. You could just link nostr blog from your website.

Or maybe email out the nostr weblink.

Habla.news

Blogstack.io

USDC / DAI "stablecoin" holders today.

#plebchain

Another lesson:

People forget this can happen. And only approx 5% of money will be paid back to depositers by FDIC insurance because they kept over the 250k ins limit in bank.

Replying to Avatar Timechain

I listened to an episode of 'Bankless' today. There is an interesting development, a court of England and Wales had ordered Oasis, a UK company, that acts as a front end for the more decentralized MakerDAO to change a smart contract to attempt to steal back 120,000 ETH that was stolen from Jump Crypto in the Wormhole Bridge hack of February 2022. It successfully reclaimed the funds, but set an interesting precedent.

The hosts of Bankless asked an obvious question, how could a decentralized smart contract just confiscate funds due to being court ordered? Well, the smart contract was upgradable. (Non-immutable.) According to Chris Blec, someone who isn't the Crypto industry's favorite person, (for reasons of talking about how centralized the industry actually is) this is quite the norm.

What surprised me is the Bankless guests said something to the effect of "If you are really decentralized, you can't be regulated anyway. If you are really centralized, you can't avoid being regulated anyway."

Wow! I actually agree with that!

However, the next story they were complaining about Gary Gensler coming after them even though they are decentralized. And then I realized, they actually think MOST of defi is decentralized. And they think MOST of crypto is decentralized.

Painful.

(Also when the Crypto industry collapsed and all their sponsors went under, losing all their customers money, they cried ON AIR with A NEXO AD AT THE BOTTOM ADVERTISING YIELD.)

Crypto is a cesspool.

They should change the show name to: Clueless

✌️❤️

Wow, so they are international. Im reading the FDIC is calming customers, saying they get their money on Mon. Interesting to see if theres a bank run next wk.✌️

I can see your Tip button on your profile. Also about an hour ago they reset nostr.wine if that could effect it.

Looks like SVB is 2nd biggest US bank ever to collapse.

So is this contagion spreading to Europe?

Greed kills.

If youre out there, thank you Satoshi!❤️✝️

#banks

#nostr

Yeah you really went into extreme detail with that article, which is great. You may have been first to break that story, because it wasnt even on stackers news this AM.

Also, I tried to "zap" TBM but my wallet doesnt work like that or with LNURL. If you can post a Lightning invoice in a reply, I will send sats your way✌️