mattaroo on Nostr: Last week, crypto industry leaders, including executives from Coinbase, a16z, and ...
Last week, crypto industry leaders, including executives from Coinbase, a16z, and Kraken, had a conference call with White House officials and a Kamala advisor. The media framed it as a potential shift in the Democrats' stance on crypto, as did some of the executives. But at the same time (literally, the same day) the Fed issued an enforcement action against Customers Bank, one of the few U.S. crypto-friendly banks left, that requires it to notify regulators 30 days before taking on any new crypto clients — in other words, Choke Point 2.0 continues unabated. If your single issue is Bitcoin, and you’re still drinking that Coconut Koolaid? I don’t even know what to tell you at this point. Left wing economic ideology relies on inflating the dollar to increase the size of the government. It’s fundamentally incompatible with Bitcoin. So stack sats while you still can, anon. They’re never going to stop.
Brandon Gorrell for Pirate Wires Daily
Published at
2024-08-12 16:46:23Event JSON
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"content": "Last week, crypto industry leaders, including executives from Coinbase, a16z, and Kraken, had a conference call with White House officials and a Kamala advisor. The media framed it as a potential shift in the Democrats' stance on crypto, as did some of the executives. But at the same time (literally, the same day) the Fed issued an enforcement action against Customers Bank, one of the few U.S. crypto-friendly banks left, that requires it to notify regulators 30 days before taking on any new crypto clients — in other words, Choke Point 2.0 continues unabated. If your single issue is Bitcoin, and you’re still drinking that Coconut Koolaid? I don’t even know what to tell you at this point. Left wing economic ideology relies on inflating the dollar to increase the size of the government. It’s fundamentally incompatible with Bitcoin. So stack sats while you still can, anon. They’re never going to stop. \n\nBrandon Gorrell for Pirate Wires Daily",
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