Cryptocurrency: BANK RUN PANIC Spreads Around Globe, Crypto and Gold Demand Skyrockets, FDIC Coverup

grarpamp grarpamp at gmail.com
Fri Mar 24 20:33:52 PDT 2023


Make no mistake, SI, SIVB, SBNY, Custodia, Kraken, Coinbase,
ETF's and many more, were all coordinated immoral and illegal
US Govt targeted attacks on Crypto Freedom.


Balaji @balajis
This shows how the Fed caused the banking crisis. They deny licenses
to full reserve banks like Custodia and the Narrow Bank. And they
cause bank runs and mass withdrawals by crushing the balance sheets of
fractional reserve banks. Financial chaos in the name of stability.

Custodia Bank ™ @custodiabank
CUSTODIA STANDS FIRM IN RESPONSE TO THE FED

Pomp @APompliano
Custodia Bank sought Fed approval as a bank that holds $1.08 for every
$1 deposited. No fractional reserve lending. No non-sense. They were
denied. The Fed blamed bank runs as one reason — the irony of saying
this while approved banks have lost BILLIONS in customer funds.

Cathie Wood @CathieDWood
Why have bitcoin and other crypto assets appreciated during this
banking crisis? In our view and in contrast to those in the
traditional financial world, many crypto assets face no central points
of failure: they are decentralized, transparent, and auditable.


Think of the Fed and friends as the system administrators of Western
fiat economies. With the press of a key they can seize, freeze,
create, or inflate any fiat asset. But they can’t do that to Bitcoin.
It’s outside their control. Instead, it’s under your control.

BIG BANKS OR BITCOIN? This is why conventional macroeconomic theories
of what is about to happen may break down. Because confidence in the
US banking system has broken down. More than $500B[1] in wires has
already flown through the air in recent days


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