Second Largest Bank Failure in U.S. History…

[ditcherman]

You know the more someone tries to brow beat me into accepting their opinion as fact the harder I tend to push back.

And that’s why, unlike our friend upthread, I am not trying to convince you of anything.

What Jamil said.

You probably don’t know where I stand on BTC, until now.
I bought $100 worth when it was something like 14k. Just to say I owned a bit of the future, not to make me rich.
Maybe it’s the future, maybe it’s not, but ‘if’ it’s not, it’s not for the reasons you guys are throwing out here.

The meme is funny, and you might not be wrong.
Two things can be true at once - also Jamil.

 

[asevans]

You know the more someone tries to brow beat me into accepting their opinion as fact the harder I tend to push back.

Exactly

 

[Mgderf]

View attachment 264303

 

[bobzilla]

And that’s why, unlike our friend upthread, I am not trying to convince you of anything.

What Jamil said.

You probably don’t know where I stand on BTC, until now.
I bought $100 worth when it was something like 14k. Just to say I owned a bit of the future, not to make me rich.
Maybe it’s the future, maybe it’s not, but ‘if’ it’s not, it’s not for the reasons you guys are throwing out here.

The meme is funny, and you might not be wrong.
Two things can be true at once - also Jamil.

I have a feeling there is a fairly sizable percentage of bitcoin people that are identical to vegans or CrossFit people. You’ll know who they we. Always. Then there are people like you who have an opinion that you’ll share if asked but like to be more like us and let people do whatever they want to do.

There is no one right answer to any of this.

 

[Route 45]

 

[Mgderf]

I think those are the people in charge now...

 

[jamil]

This is actually pretty accurate. Bitcoin, isolated, unable to do anything.

I've heard some "expert" say, the US dollar is not too volatile but not all that stable right now. That bit coin is volitile, but stable. By "stable" I think he meant in terms of long term viability. The guy thought that bitcoin would be around a long time, and that the dollar would not be. Pretty bold claim. But, I can't help but notice that this administration is trying it's best to make that a reality. Not for the sake of bitcoin but some kind of digital currency.

 

[Route 45]

When you think about it, the USD is already a digital currency. We already trade in it digitally every time we use a credit or debit card, or use wire transfers, ACH deposits, PayPal, etc..

I rarely use cash for anything, and it's been that way for years. I guess I've already swtiched to a digital currency called the "Dollar."

I pissed off a toll booth operator in Massachusetts on the way back from a Maine vacation a few years back. At the time, they only took cash at toll booths. I did have some at the time, because I was travelling. The toll was like $3 or something like that, and all I had were $20 bills. The toll booth guy seemed kinda ticked off and asked me, "Is that the smallest bill ya got?" I told him, "Yeah, I didn't expect it to be 1965 in Massachusetts. Even Kentucky has automated tolling." Oh, he did NOT like the Kentucky comment.

That felt really good.

****ing Massholes.

 

[smokingman]

I think those are the people in charge now...

prety sure it is these people...

Warren Buffet Brought in to Solve Banking Crisis – OVER 20 PRIVATE JETS LAND IN OMAHA ON SATURDAY​

BREAKING: Warren Buffet Brought in to Solve Banking Crisis - OVER 20 PRIVATE JETS LAND IN OMAHA ON SATURDAY | The Gateway Pundit | by Jim Hoft

The Biden regime is at wit’s end.

www.thegatewaypundit.com

They do act similar though. So the confusion is easy to understand.

 

[ditcherman]

I've heard some "expert" say, the US dollar is not too volatile but not all that stable right now. That bit coin is volitile, but stable. By "stable" I think he meant in terms of long term viability. The guy thought that bitcoin would be around a long time, and that the dollar would not be. Pretty bold claim. But, I can't help but notice that this administration is trying it's best to make that a reality. Not for the sake of bitcoin but some kind of digital currency.

Personally I think if you replace the word bitcoin with corn, it makes it easier to understand with less of the emotional baggage attached, which is a fault I see when arguing for, or against.
Also I think corn is gold, but that's an emotional argument on my part.

Big difference between "BTC" and "some kind of digital currency" in the end game. I think the BTCer's want to break the world powers (fix the world) and the gov'ts just want to hang on to the power. They'd love to keep on keepin on, but the future just won't let them.
Also keep in mind that this admin is completely 100% feckless and them doing anything is probably coming from above, whatever that is.

 

[jamil]

Corn? Less emotional baggage? This is Indiana dude. Hoosiers take their corn seriously.

 

[ditcherman]

Corn? Less emotional baggage? This is Indiana dude. Hoosiers take their corn seriously.

Hey I’m the one who said it was gold!

 

[smokingman]

No one on the whitelist wanted the assets...FDIC..."well,we can delay and use political pressure someone has to keep the woke alive"

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[ditcherman]

No one on the whitelist wanted the assets...FDIC..."well,we can delay and use political pressure someone has to keep the woke alive"

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Is there evidence as to who the companies were that were restricted from buying and why?

Also, we may have to change the thread title to first largest bank(s) failure if they keep screwing it up.

 

[smokingman]

Is there evidence as to who the companies were that were restricted from buying and why?

Also, we may have to change the thread title to first largest bank(s) failure if they keep screwing it up.

We can only see who is bidding. Peasants can not see the list of who can. Even those bidding are only known if they publicly announce it.

First Citizens submits offer for all of failed SVB: Source

Separate bids for the commercial and private banks due this week

www.axios.com

https://www.newsobserver.com/news/business/article273364345.html

First Citizens checks all the boxes though(the left WOKE ideals).
LGTPQRSTUV+

Diversity, Equity & Inclusion | First Citizens Bank

First Citizens strives to nurture a diverse, equitable and inclusive environment. Read more about our commitment to diversity, equity and inclusion.

www.firstcitizens.com

Donations to BLM

These 18 Corporations Gave Money to Radical Black Lives Matter Group

Not every company specifies which version of Black Lives Matter it has contributed to.

www.dailysignal.com

CRT support(through non profit donations)

Nonprofits | First Citizens Bank

First Citizens Bank offers commercial banking services and industry expertise to serve the nonprofit industry and nonprofit organizations.

www.firstcitizens.com

 

[BigRed]

Deutsche Bank's Stock, Bonds Fall

Deutsche Bank's shares and bonds are selling off Friday, as investors turn wary on some European banks in the aftermath of Credit Suisse's troubles. "Deutsche Bank is under pressure now. People are repositioning, unloading weak links. People want to avoid anything that could come under focus," said

www.wsj.com

And now the eyes are on Deutsche.

 

[asevans]

It is Friday. What bank will collapse today?

 

[smokingman]

So first we bail out all depositors. Now they need 20 billion in federal backing to complete the sale of SVB to First Citizens bank.
"triggering an estimated $20 billion hit to a government-run insurance fund."

SInce First Citizens is woke,they can not be expected to take any losses. In short we just handed First Citizens 20 billion in treasury bonds for free.

U.S. backstops Silicon Valley Bank sale to First Citizens By Reuters

U.S. backstops Silicon Valley Bank sale to First Citizens

www.investing.com

 

[nra4ever]

This show claims world governments are quietly accumulating bitcoin. Start at 3:26

US Government Holds More Bitcoin Than MicroStrategy, Tesla Combined

The United States government has now surpassed MicroStrategy and Tesla as one of the largest holders of Bitcoin.

www.google.com

 

[asevans]