👀 twitter.com/nic__carter/st…

5 days until Wolfpack 1 arrives. Apply at wolfnyc.com by April 7th for the opportunity to join WP2.

Somebody hired a VERY expensive "boutique reputation management" firm to try and get us to pull this piece. Enjoy! coindesk.com/consensus-maga…

FDIC chair Gruenberg lied at least twice in his testimony to Congress today: 1. says SigNet IP has already been sold (false, & they are blocking the sale to interested parties) 2. denies that FDIC supervision is more onerous for banks that service digital asset clients (false)

Whatever one believes about crypto (many don't yet see the potential/need) major US policy decisions should be made by legislatures and regulatory process, not unelected officials. Process exists in part to avoid throwing the baby out with the bathwater wsj.com/articles/us-re…

The Fed Proposes a 4th Function of Money: Means of Social Control @CaitlinLong_ @tyillc @menlobear @dlacalle_IA @RobMcNealy A Federal Reserve white paper espouses a new function for money. Let's tune in. mishtalk.com/economics/the-…

BREAKING‼️🇪🇺 Banks will lose control if they don't use a central bank digital currency (CBDC), says Christine Lagarde, ECB President (and convicted criminal).

Will #Bitcoin be stronger when both Binance and @Tether_to are taken out?

Binance, the world’s largest cryptocurrency exchange, and CEO Changpeng Zhao, are being sued by the US Commodity Futures Trading Commission for allegedly breaking trading and derivatives rules. @kaileyleinz reports trib.al/Jz1THUg

MicroStrategy repaid its $205M Silvergate loan at a 22% discount. As of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoin & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. microstrategy.com/en/investor-re…

JUST IN: 🇺🇸 US Senator reintroduces legislation to prohibit the Fed from issuing a CBDC. "The US doesn't need to create a CBDC to know it is a bad idea." 👏

The @federalreserve just reiterated its conclusion, in the middle of a banking crisis it did not see coming, that a bank holding cash to back 108% of deposits is unsafe & unsound--while it continues to believe banks holding cash to back only about 6% of deposits are safe & sound

Nasdaq expects to launch crypto safekeeping services this year, joining a growing pool of traditional finance firms moving into the sector after a spate of bankruptcies trib.al/dbX9dfT

Something that blew my mind when I first learned it: Bitcoin's mining difficulty is updated every 2,016 blocks... as in, 6102 backwards Also Satoshi chose as a birthday April 5, same day FDR issued 6102 Bitcoin was invented to stop government theft of citizen resources twitter.com/xlr8harder/sta…

These are The Architects of Choke Point 2.0 These are assassinations of otherwise functional banks that dared to service a politically disfavored industry: Crypto. Do not forget what they are putting at risk. Hat tip to .@nic__carter and others for putting together.

Applications to our second cohort are open until April 7th. Wolf provides funding, mentorship and expertise to take your early stage startup to the next level. The program is open globally with all travel and accommodation paid for. Apply today! wolfnyc.com/apply

When the Fed raises rates so aggressively, the "cap rates" on Commercial Real Estate (CRE) should rise in lockstep. But they haven't. The next big shoe to fall in CREDIT, (because of interest rate increases) is CRE exposure at Banks.... The loans are ALL mismarked, just like… twitter.com/i/web/status/1…

The @federalreserve chair Powell has blamed the banking crisis on bad management and a need to review regulatory oversight. Maybe he forgot what he said in 2012? Both?

CBDCs versus #Bitcoin @thecryptoc0up1e

JUST IN: 🇺🇸 Florida Governor hosts press conference pushing for central bank digital currency ban - “No CBDC in Florida” 👏

YET ANOTHER CALL for full-reserve banks (the biz model denied by the Fed just before the bank runs hit & calls started coming in for exactly that from far & wide). The world is upside down! @custodiabank proposed this. Hey Fed, you have power to reverse! hbr.org/2023/03/how-pa…

Wolf is excited to announce that 8 rockstar teams have been accepted into our inaugural cohort, Wolfpack 1. Equally as exciting: applications for Wolfpack 2 are NOW OPEN! Learn more about what the Wolfpack 1 teams are working on at wolfnyc.com/news-wolfpack-1

Credit Suisse, a bank that lost $7.8 billion last year, is being rescued by a bank that lost $143 billion last year. Gotta love the banking system.

DID YOU KNOW, @mattyglesias, that @custodiabank proposed EXACTLY this & the Fed denied it on Jan 27 as “unsafe & unsound” 🤦‍♀️— after sitting on Custodia’s application for ~2.5 years? Might they take that bad decision back now??🤔 twitter.com/mattyglesias/s…

The @federalreserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915 and will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss on its portfolio.

If you thought SVB was bad ... The Fed is sitting on unrealized losses of ~$1.2 trillion on their $8.3 trillion bond portfolio. And the Fed is losing money every day by paying $$$ to commercial banks via reverse repos.

Over the weekend, Bitcoin settled ~$33 billion, facilitated ~600k transactions, & issued 2,037 new BTC at a steady & predictable ~1.8% inflation rate. ~1 million new addresses were generated & miners earned $43 m producing 326 blocks. Banks were closed. The Fed was not needed.

WOW--Fed admits its supervisory error in press release. But Barr said this👇while SVB's bank run was in full swing. VC Barr: still think @custodiabank's 100% cash model is unsafe & unsound? Aren't u curious how we knew & warned of bank run probs in advance? Care to meet finally? twitter.com/ByKyleCampbell…