Susanne Trimbath PhD on Twitter: Government takes ownership of failed bank then sells loan portfolio to the public. ๐ค Why does that sound so-o-o familiar?
source: https://twitter.com/SusanneTrimbath/status/1643106003062513669
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๐ณ Social Media
foobar on Twitter: people don't appreciate decentralized bearer assets enough. decentralized - nobody else can adhoc modify it. bearer - if you hold it, it's yours. no counterparties. asset - socially accepted to have value.
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Contagion spreading? Circle on Twitter: Silicon Valley Bank is one of six banking partners Circle uses for managing the ~25% portion of USDC reserves held in cash.
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foobar on Twitter: turns out those hours on the phone relentlessly begging the bank to let me withdraw my money were well-spent self-custody or it's not yours
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Dr. T on Twitter: Baumeister, R. & T. Heatherton. 1996. โSelf-Regulation Failure: An Overview.โ Psychological Inquiry 7 (1). #SROs are run by humans who fail at self-regulation.
"...it has long been recognized that people can build self-regulatory strength & also fail to develop the capacity"
Source: https://twitter.com/SusanneTrimbath/status/1633956376597909504
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Matt Finestone on Twitter: One of the unique highlights for me from ETHDenver were the many GameStoppers who said hi. โฅ๏ธ They have become Eth-pilled and Rollup connoisseurs.
Source: https://twitter.com/finestonematt/status/1633615455469314050
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Michael Green on Twitter: Layoffs rising (increase in rate) faster than pre-Lehman
source: https://twitter.com/profplum99/status/1630376162030678020
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