I talk about Bitcoin and Banking. Nothing I say should be considered investment, legal, or tax advice. https://xitter.cf/t.co/gE1iMtGCHi
Ontario, CA
Joined February 2022
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biggest challenge explaining Bitcoin to bankers is that you have to first explain fiat money… first 20 pages of this report attempts both
“writing a description for this thing for [bankers] is bloody hard. There's nothing to relate it to.”
This year everything changed for banks and #bitcoin in the US
@epochvc_ wrote a 100 page report on bitcoin adoption by banks with the former CTO of Silvergate @D_CentralBanker
It is the first comprehensive and technical resource on the topic
Summary and link in comments:
“probably one of the biggest stories in bitcoin ever”
It’s truly humbling to reflect on the role Silvergate played helping to bring bitcoin into the global financial system in 2014
Thank you @_DannyKnowles for your pursuit of this story - there are many who prefer it not be told
I finally got the chance to sit down with Alan Lane, and hear the story of:
- Silvergate Bank
- Operation Chokepoint 2.0
- How the Bitcoin banking industry was targeted
- How Silvergate survived the biggest bank run in history!
Watch it here: youtu.be/4S3nmNJm_bU
Chris Lane retweeted
I finally got the chance to sit down with Alan Lane, and hear the story of:
- Silvergate Bank
- Operation Chokepoint 2.0
- How the Bitcoin banking industry was targeted
- How Silvergate survived the biggest bank run in history!
Watch it here: youtu.be/4S3nmNJm_bU
Chris Lane retweeted
I am incredibly proud of my dad, not only for what he and his team built at Silvergate Bank, but especially for his example of virtue and courage through everything that led to and followed their decision to wind down.
It’s a gift to hear him tell the story!
Alan Lane took a $500M bank and grew it into a $15B behemoth in 8 years
Silvergate saw something that nobody else did and had the balls to bet on it
Exactly what America was built for
The Biden admin weaponized regulators against the crypto industry
The opposite of what America was built for
and Silvergate survived the largest bank run in history as a result
Chris Lane retweeted
Me, rushing to listen to this podcast with Silvergate's Alan Lane about #OperationChokePoint2.0 and all the things the Biden Administration did to bring down a bank it didn't like. @_DannyKnowles
Chris Lane retweeted
Whether you like it or not, recognize it or not, or care about it or not, bitcoin is the most important technology of our time.
There is no greater equalizer that we can imagine. Fair money is the base of a fair society.
Fix the money, fix the world.
Chris Lane retweeted
I can accept variance and volatility with RISP and not getting guys across. It’s the ebb and flow of the game night to night. I cannot accept having home runs taken off the board because of stadium design. Complete shit. I know the ground rule. The rule is stupid. It’s bullshit.
do better @MLB
Chris Lane retweeted
🚨 Rad job alert
@GaloyMoney is seeking a bold leader with banking / core banking experience that wants to help get banks on to architecture designed natively for AI and digital assets.
Tag, RT, share 🙏
galoy.io/careers/chief-busin…
Chris Lane retweeted
I think I heard @CaitlinLong_ tell this story on a podcast last year with another brilliant banker dude(maybe wearing a Boston ball cap?) Found it youtu.be/WEUYl7f8qJo?is=h-zn…
Chris Lane retweeted
James Fulton Engstrom, whose miraculous healing paved the way for the beatification of Archbishop Fulton J. Sheen, carried Sheen’s jaw relics at today’s historic beatification in St. Louis. James was born without a pulse in 2010 and miraculously recovered after 61 minutes without a heartbeat through Sheen’s intercession.
Chris Lane retweeted
Bitcoin market cap vs the M1 money supply of major counties:
Bitcoin is climbing up the ranks, surpassing Spain.
Chris Lane retweeted
Bitcoin will always be considered “cheap” as long as you can still trade pieces of paper for it
Eventually, you won’t be able to
Chris Lane retweeted
The Senate voted. There is a ‘ledger’. It’s called a vote. It’s public. It failed because every Democrat Senator voted ‘no’ on cloture. They don’t want Clarity.
It’s not that difficult. Any other evaluation is pure spin. Read the roll call if you want the story.
The collapse of the Clarity Act marked a spectacular choke by an industry that had just recently begun reveling in its new lobbying clout, with President Trump in its corner.
With @dgtokar and @Vlajournaliste
wsj.com/finance/currencies/c…
