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Mic Drop

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Status Updates posted by Mic Drop

  1. Arresting Trump while the markets are already reeling? insanity.

  2. TWO HUNDRED BANKS AT RISK OF BANKRUPTCY- WSJ

    1. Mic Drop

      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"

  3. Parabolic Bitcoin adoption is happening...

     

     

  4. Lance Reddick just "Died Suddenly".... 

     

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

     

    Better than actual fictional books...

  6. bitcoin is volatile, but it never needed a bailout.

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

  8. 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.

  9. 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

  10. Weimar Republic Germany (Inflation)

     

     

    1. Mic Drop

      Mic Drop

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

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

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

    1. Mic Drop

      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.

    2. Mic Drop

      Mic Drop

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

  13. '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"

  14. Guy eating sushi at Fred Meyers in Vancouver, WA

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

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

  16. If money talks, then Bitcoin sings

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