Complex Systems with Patrick McKenzie (patio11) You can’t retract the facts
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Feb 20, 2025 A bank CEO's contentious request for a retraction sparks a dive into the hotbed of debanking within cryptocurrency. The host emphasizes the critical importance of editorial independence and the high bar for retracting narratives. Tensions rise as the complexities of traditional banking and emerging crypto landscapes collide. Navigating the challenges of compliance and the stigma faced by crypto firms is examined, revealing the nuances behind banking relationships and regulatory pressures. Ultimately, the blend of skepticism and optimism in the crypto world is laid bare.
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Editorial Independence
- Maintain editorial independence by keeping ad reads separate from content.
- Disclose any potential conflicts of interest, such as angel investments.
Editorial Standards
- Strive for accuracy and truthfulness in your content, especially in professional writing.
- Issue corrections if needed, prioritizing them over retractions, but retract if warranted.
Retraction Request
- Patrick McKenzie received a retraction request from Anchorage Digital CEO Nathan McCauley.
- McKenzie refused the request and responded with a diss track highlighting factual inaccuracies in McCauley's claims.