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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 05-Dec-2024 02:22:42 JST
Bread up, Bro
This whole crypto founders getting debanked getting noticed is interesting.
KYC is another one of those "AML" ( anti-money laundering) things that is a bunch of absolute bullshit with a bow on it.-
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pepsi_man (pepsi_man@poa.st)'s status on Thursday, 05-Dec-2024 22:27:59 JST
pepsi_man
@KarlDahl @sickburnbro
The point of demanding regulations is so the government squishes your competition for you. I'm not saying there should be no laws, but too many laws tend to freeze everything.Bread up, Bro likes this. -
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Boina Roja Enthusiast Karl Dahl (karldahl@poa.st)'s status on Thursday, 05-Dec-2024 22:28:00 JST
Boina Roja Enthusiast Karl Dahl
@sickburnbro How many new banks since Dodd-Frank? Zero
Wild shitBread up, Bro likes this. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 05-Dec-2024 22:28:37 JST
Bread up, Bro
@Paleface @KarlDahl @pepsi_man new law, you cannot run a bank unless you can squat 2 plates -
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Boina Roja Enthusiast Karl Dahl (karldahl@poa.st)'s status on Thursday, 05-Dec-2024 22:28:38 JST
Boina Roja Enthusiast Karl Dahl
@pepsi_man @sickburnbro Indeed. Regulatory capture -
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Paleface (paleface@nicecrew.digital)'s status on Thursday, 05-Dec-2024 22:28:38 JST
Paleface
Roundhouse kick the Basel Accords into concrete.
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