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Mic Drop

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Status Updates posted by Mic Drop

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  3. Mic Drop

    Arresting Trump while the markets are already reeling? insanity.

  4. Mic Drop

    TWO HUNDRED BANKS AT RISK OF BANKRUPTCY- WSJ

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      Mic Drop

      SENIOR BIDEN OFFICIALS IN TOUCH WITH BUFFETT ON BANKS

    2. Mic Drop

      Mic Drop

      "absent a change to deposit insurance coverage, corporate CFOs will likely be proactively looking to diversify their deposits away from any single institution. While this may be viewed as a reasonable outcome by some, regional banks could be at the losing end under such scenario"

  5. Mic Drop

    Parabolic Bitcoin adoption is happening...

     

     

  6. Mic Drop

    Lance Reddick just "Died Suddenly".... 

     

  7. Mic Drop

    You just can't make this stuff up....

     

    Better than actual fictional books...

  8. Mic Drop

    bitcoin is volatile, but it never needed a bailout.

  9. Mic Drop

    BREAKING: MIDSIZE US BANKS ASK FDIC TO INSURE ALL DEPOSITS FOR 2 YEARS.

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  10. Mic Drop

    As US regional banks continue to struggle, Bitcoin's market capitalization has grown by a staggering $194 billion in 2023, exceeding Wall Street bank stocks' growth.

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    It would take just 0.16% of value locked into the US Stock Market moving to Bitcoin to move the price to $1m a coin.

    1. Mic Drop

      Mic Drop

      I say this because:

      Balaji thinks:

      - Most banks are insolvent in US

      - BTC goes to 1mil in 90 days

      - Hyperinflation is imminent

      - Converted 99% of nw to BTC

      - US civil war happens

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    Weimar Republic Germany (Inflation)

     

     

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      Mic Drop

      People underestimate the possibility of hyperinflation in the US and overestimate the chaos it would cause.

  16. Mic Drop

    Fractional Reserve banking is at the root of the banking crisis.

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    SWITZERLAND PREPARES EMERGENCY MEASURES TO DELIVER UBS TAKEOVER OF CREDIT SUISSE: FT CS was about to blow up

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      Mic Drop

      "outflows from Credit Suisse topped Sfr10bn ($10.8bn) a day late last week as fears for its health mounted." - FT This was around the time the ECB hiked 50bps.

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      Mic Drop

      10,000 jobs may have to be cut if UBS buys Credit Suisse: RTRS

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    'Jerome H. Powell, the chair of the Federal Reserve, blocked efforts to include a phrase mentioning regulatory failures in the joint statement released early Sunday evening by the Fed, the Treasury Department and the Federal Deposit Insurance Corporation.' NYTIMES

    1. The Librarian

      The Librarian

      censorship is rampant in the modern "big brother" USA ....  maybe I should say "worldwide"

  19. Mic Drop

    Guy eating sushi at Fred Meyers in Vancouver, WA

    2BC376C8-D3E8-4F0D-8293-79B730B9491B.jpeg

  20. Mic Drop

    This Bitcoin and Crypto stuff is really starting to take off like wildfire

  21. Mic Drop

    If money talks, then Bitcoin sings

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