"Moment of Zen"  cover image

Nic Carter on Balaji's Bet, Operation Chokepoint 2.0, and the Fed's financial crisis

"Moment of Zen"

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The Disappointing Situation With Crypto Banks

There were really just two institutions that were explicitly pro crypto in the US. And now they now there's an informal rule at the FDIC, where their deposits are capped,. The only way you can actually have like direct metal access to the core system is you have to be a bank.

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