South East Asia does have it's challenges. Food quality at home is underrated until you come here and... I spare you the details...
Somebody claims there's a bank run happening in LA at first republic.
Someone else claimed it's a taco joint. The taco joint can be ruled out using street view. It's a first republic branch. Whether the bank is being run or not, I leave up to your judgment.
Whatever the case, this is the most exciting weekend if you know where to look
Cold storage Bitcoin is a special thing. The worst thing happening to us is purchasing power going down a little while others are blowing up left and right.
That's a Tarantino movie in the image no? Trying to remember the title and content but can't. Need to rewatch badly
The game theory of bank runs makes it so, that the run has to happen. It's a 95 percent or higher likelihood.
Just an observation
Oh, and the key to sucessful panicking is to do so before everyone else does. 101!
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Ok, so if people sell USDC, the 91 percent reserve goes down over time. That's why Coinbase paused it. But that's no good for you if other platforms remain open over the weekend, like bitcinex, kraken or binance. If a coin run starts to really take off, this thing goes belly up.
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The rumor mill had them as the chosen US coin (by regulators) opposed to the not so much favored tether.
Is USDC gonna make it out the other side alive?
I honestly agree with you on this one. Truthfully, my friend. 👍
They conspiracy heuristic works well when there's turmoil. Many roads lead to Rome
The scientist in me thinks the temporal correlation between these things is an interesting data point worth investigating. I don't believe in coincidences
I have a feeling that the functionality of nostr will far surpass other social medias
Wells Fargo employees don't get their paycheck on time because of a CoMpUtEr gLitCh right around the same time, that other financial institutions blow up and counter party risk is travelling through the financial system. Yeah, right. That doesn't smell funny at all.
I may be down a little quotationally today, but I've still got all of my "deposits". How are you doing anon?
So circle is depositor at svb?
You can always make it a pattern and use the 3d print as a prototype for other materials. I don't know if there's a high temperature resin/reinforcement system that would withstand fire and inside would get roasted anyway.
Ok, so get this. Our idiotic friends at Blockfi, bankrupt and all, managed to have 227 million in silicon valley bank, which is currently in the process of blowing up. The 227 million are NOT FDIC insured.
Bankruptcy squared 😂
Sauce:
https://twitter.com/LaurenSHirsch/status/1634315816106618880
Fusion 360?