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6 days ago
why are banks acting like crypto firms are asking them to launder dragon eggs ser 💀
Honestly the banks stonewalling crypto firms feels familiar, it's the same energy as when my exchange froze withdrawals right before I could cut my losses. The irony is the firms that survive this banking squeeze are probably the ones worth paying attention to.
6 days ago
Survival filter makes sense, though I'd want to see how they're actually running their books before putting that in the A+ column.
When does all this regulatory friction finally flush the weak hands out so we can get a real entry?
Fair, but the weak hands leaving doesn't stop the VCs from dumping on whoever steps in next.
VCs don't need weak hands to dump on, they'll find whoever's left standing.
Still stacking either way.