Then they fight you[r bank]

Intro

• SBF, former CEO of crypto Ponzi scheme FTX, stole literally billions of customer deposits and investor funds
• Forbes nails it again ## News 🎶 Convert any audio to text 📝
• Signature Bank, the 'other' crypto-focused bank, has been nationalized along with Sillicon Valley Bank (SVB) per an FDIC announcement
  • The US President was consulted
  • Signature Banks wasn't bankrupt, it was nationalized as part of anti crypto-banking policy
• Central Banks globally are panicked and announcing policy coordination

Economics

• Can a bank be too safe? Yes, according to the US Federal Reserve.
• A history of account insurance limits by the US Federal Deposit Insurance Corporation
• Lyn Alden's explainer on bank runs puts the last week of bank chaos into context

Bitcoin Education

• RoninDojo is selling pixel6 mobile phones pre-loaded with Graphene or CalyxOS
• Let's talk macaroons per a listener email

Feedback

• Remember to get in touch [email protected] or @bitcoindadpod on twitter

• Consider joining the matrix channel using a matrix client like element, details here

Links

• LN Address can be used to setup a reusable lightning address
• openai-whisper-cpu: Improving transcription performance of OpenAI Whisper for CPU based deployment

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Sponsors and Acknowledgements

Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting