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#yotta

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AI6YR Ben<p>I wonder if those particular air intakes work better than the scoops on snorkels. 🤔 </p><p><a href="https://m.ai6yr.org/tags/toyota" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>toyota</span></a> <a href="https://m.ai6yr.org/tags/yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>yotta</span></a> <a href="https://m.ai6yr.org/tags/hilux" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hilux</span></a> </p><p><a href="https://apnews.com/article/congo-m23-ceasefire-7b50a019e45e08798c40e8192abbcfda" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">apnews.com/article/congo-m23-c</span><span class="invisible">easefire-7b50a019e45e08798c40e8192abbcfda</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>oh look, another <a href="https://universeodon.com/tags/fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fintech</span></a> bankruptcy involving Evolve Bank &amp; Trust.</p><p>some other fun places Evolve has popped up:</p><p>1. issuer of <a href="https://universeodon.com/tags/FTX" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FTX</span></a> and <a href="https://universeodon.com/tags/BlockFi" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BlockFi</span></a> debit cards (before those companies blew up and customers lost all their money)<br>2. <a href="https://universeodon.com/tags/GeorgeSantos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeorgeSantos</span></a> and <a href="https://universeodon.com/tags/AndyOgles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AndyOgles</span></a> held their campaign money at Evolve<br>3. <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a> bankruptcy which cost customers of a bunch of fintech "banks" like <a href="https://universeodon.com/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a> most if not all of their money<br>4. Partnered with "anti-woke" fintech <a href="https://universeodon.com/tags/GloriFi" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GloriFi</span></a><br>5. Got hacked by Russia midway through Synapse bankruptcy proceedings<br>6. Anonymous crypto debit card issuer for <a href="https://universeodon.com/tags/ZELF" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ZELF</span></a><br>7. Frequently found to be the bank used by <a href="https://universeodon.com/tags/pigbutchering" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pigbutchering</span></a> fraudsters<br>8. Sanctioned by federal reserve for <a href="https://universeodon.com/tags/moneylaundering" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moneylaundering</span></a></p><p>The fact that Evolve has not been shut down is insane. Banking system cannot survive if these kinds of bad actors roam free like the wind.</p><p>* more on Evolve: <a href="https://fintechbusinessweekly.substack.com/p/evolves-problematic-partners-bankruptcies" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/evolves-problematic-partners-bankruptcies</span></a><br>* even more: <a href="https://fintechbusinessweekly.substack.com/p/evolve-hit-with-fed-enforcement-action" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/evolve-hit-with-fed-enforcement-action</span></a></p><p><a href="https://universeodon.com/tags/EvolveBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EvolveBank</span></a> <a href="https://universeodon.com/tags/EvolveBankAndTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EvolveBankAndTrust</span></a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finreg</span></a> <a href="https://universeodon.com/tags/Banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Banking</span></a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/AML" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AML</span></a> <a href="https://universeodon.com/tags/BaaS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BaaS</span></a> <a href="https://universeodon.com/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Russia</span></a> <a href="https://universeodon.com/tags/putin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>putin</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>🚨 owner of the <a href="https://universeodon.com/tags/LATimes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LATimes</span></a> just invited the king of the crypto bros <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a>, a man whose VC fund <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> has backed innumerable scams in all shades of fraud (see: <a href="https://universeodon.com/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a> and <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a> most recently) in addition to companies that facilitate incredible amounts of Russian <a href="https://universeodon.com/tags/moneylaundering" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>moneylaundering</span></a> to join the editorial board.</p><p><a href="https://universeodon.com/tags/KleptocracyIsComing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KleptocracyIsComing</span></a><br> <br>tweet: <a href="https://x.com/DrPatSoonShiong/status/1878263014497059135" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">x.com/DrPatSoonShiong/status/1</span><span class="invisible">878263014497059135</span></a><br>more on a16z: <a href="https://cryptadamus.substack.com/p/of-tech-bros-and-trumpers" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">cryptadamus.substack.com/p/of-</span><span class="invisible">tech-bros-and-trumpers</span></a></p><p>andreessen spewed so many outright lies on <a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JoeRogan</span></a> a few weeks ago that it kind of spawned an entire cottage industry of line by line takedowns of his bullshit: <a href="https://universeodon.com/@cryptadamist/113603397835078618" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">universeodon.com/@cryptadamist</span><span class="invisible">/113603397835078618</span></a></p><p>seems like the kind of guy <a href="https://universeodon.com/tags/journalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>journalism</span></a> needs right now</p><p><a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> <a href="https://universeodon.com/tags/LosAngeles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LosAngeles</span></a> <a href="https://universeodon.com/tags/LosAngelesTimes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LosAngelesTimes</span></a> <a href="https://universeodon.com/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Russia</span></a> <a href="https://universeodon.com/tags/Putin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Putin</span></a> <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a> <a href="https://universeodon.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/VC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VC</span></a> <a href="https://universeodon.com/tags/venturecapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>venturecapital</span></a> <a href="https://universeodon.com/tags/DrPatSoonShiong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DrPatSoonShiong</span></a> <a href="https://universeodon.com/tags/PatSoonShiong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PatSoonShiong</span></a> <a href="https://universeodon.com/tags/SoonShiong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SoonShiong</span></a> <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> <a href="https://universeodon.com/tags/TheNerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheNerdReich</span></a> <a href="https://universeodon.com/tags/Broligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Broligarchs</span></a> <a href="https://universeodon.com/tags/Broligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Broligarchy</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>more great reporting from Jason Mikula on the <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> / <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> backed financial disaster known as Synapse, the middleman behind Yotta and others that lost track of (and maybe lost) most of their customers’ money.</p><p>Andreessen’s desire to eliminate the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> for “terrorizing” <a href="https://universeodon.com/tags/fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fintech</span></a> companies like Synapse suggests a desire to keep backing companies that will strip mine the wallets of uneducated consumers.</p><p>Seen also: Evolve Bank &amp; Trust (a bank popular with players like <a href="https://universeodon.com/tags/FTX" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FTX</span></a> and <a href="https://universeodon.com/tags/GeorgeSantos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GeorgeSantos</span></a>), <a href="https://universeodon.com/tags/VoyagerDigital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VoyagerDigital</span></a> (a crypto company backed by <a href="https://universeodon.com/tags/MarcCuban" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcCuban</span></a> that incinerated user deposits in 2022), and <a href="https://universeodon.com/tags/MetropolitanCommercialBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MetropolitanCommercialBank</span></a> (<a href="https://universeodon.com/tags/MCB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MCB</span></a>), a NY institution beloved by the far right in Israel.</p><p><a href="https://fintechbusinessweekly.substack.com/p/regulators-should-conduct-material" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/regulators-should-conduct-material</span></a></p><p><a href="https://universeodon.com/tags/EvolveBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EvolveBank</span></a> <a href="https://universeodon.com/tags/EvolvebankAndTrust" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EvolvebankAndTrust</span></a> <a href="https://universeodon.com/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a> <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a> <a href="https://universeodon.com/tags/JasonMikula" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JasonMikula</span></a> <a href="https://universeodon.com/tags/FintechBusinessWeekly" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FintechBusinessWeekly</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>hey remember when <a href="https://universeodon.com/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a>'s partner in DOGE, part owner of <a href="https://universeodon.com/tags/Twitter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Twitter</span></a>, and self-described "free speech absolutist" <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> threatened advertisers with criminal prosecution if they don't buy ads on <a href="https://universeodon.com/tags/X" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>X</span></a>? that was cool.</p><p><a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/freespeech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>freespeech</span></a> <a href="https://universeodon.com/tags/TheNerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheNerdReich</span></a> <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> <a href="https://universeodon.com/tags/TechFascism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TechFascism</span></a> <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a> <a href="https://universeodon.com/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>a much needed dismantling of the bullshit marc andreessen, a billionaire whose fund a16z is an incredible wrecker of average consumers' bank accounts all over the world, was spewing on the Joe Rogan Experience.</p><p><a href="https://fintechbusinessweekly.substack.com/p/synapse-investor-marc-andreessen" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/synapse-investor-marc-andreessen</span></a></p><p><a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JoeRogan</span></a> <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a> <a href="https://universeodon.com/tags/FintechBusinessWeekly" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FintechBusinessWeekly</span></a> <a href="https://universeodon.com/tags/Fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fintech</span></a> <a href="https://universeodon.com/tags/baas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>baas</span></a> <a href="https://universeodon.com/tags/VC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VC</span></a> <a href="https://universeodon.com/tags/VCs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VCs</span></a> <a href="https://universeodon.com/tags/venturecapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>venturecapital</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://universeodon.com/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a> <a href="https://universeodon.com/tags/LVL" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LVL</span></a> <a href="https://universeodon.com/tags/cfpb" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cfpb</span></a></p>
:rss: Hacker News<p>Yotta Bank and the Problem with Fintech (Patrick Boyle) [video]<br><a href="https://www.youtube.com/watch?v=SAFlRSftffc" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=SAFlRSftff</span><span class="invisible">c</span></a><br><a href="https://rss-mstdn.studiofreesia.com/tags/ycombinator" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ycombinator</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/trading" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trading</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/patrick_boyle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>patrick_boyle</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/on_finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>on_finance</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/cfa_exam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cfa_exam</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/kings_college_london" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>kings_college_london</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/business_school" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business_school</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/quantitative_finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>quantitative_finance</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/financial_derivatives" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>financial_derivatives</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/personal_finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>personal_finance</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/investing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investing</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/investments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investments</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/stock_market" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stock_market</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/corporate_finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corporate_finance</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/youtuber_bank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>youtuber_bank</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>yotta</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/graham_stephan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>graham_stephan</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/marc_andreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>marc_andreessen</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fintech</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/cfpb" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cfpb</span></a> <a href="https://rss-mstdn.studiofreesia.com/tags/Consumer_Financial_Protection_Bureau" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Consumer_Financial_Protection_Bureau</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>Patrick Boyle does a good job giving <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> chief bro and Nerd Reich mastermind Marc Andreessen a hard time for the insane statements made by the latter on the Joe Rogan Experience a few days ago.</p><p>tl;dr Andreessen claimed the Consumer Financial Protection Bureau needs to be eliminated because it's "Elizabeth Warren's personal agency that exists to terrorize fintech companies to prevent them from competing from the big banks" (I'm paraphrasing).</p><p>Conveniently unmentioned is that one of <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a>'s big fintech investments, <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Synapse</span></a>, has lost something like $50-100 million in customer funds and is exactly the kind of company the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> just announced it would try to regulate.</p><p>Andreessen's whole performance on Rogan was truly disgusting.</p><p><a href="https://www.youtube.com/watch?v=SAFlRSftffc" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=SAFlRSftff</span><span class="invisible">c</span></a></p><p><a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JoeRogan</span></a> <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> <a href="https://universeodon.com/tags/fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fintech</span></a> <a href="https://universeodon.com/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://universeodon.com/tags/Election2024" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Election2024</span></a> <a href="https://universeodon.com/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a> <a href="https://universeodon.com/tags/TheNerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheNerdReich</span></a> <a href="https://universeodon.com/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a> <a href="https://universeodon.com/tags/PatrickBoyle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PatrickBoyle</span></a></p>
cs<p><a href="https://mastodon.sdf.org/tags/Fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fintech</span></a> <a href="https://mastodon.sdf.org/tags/Syanapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Syanapse</span></a> and <a href="https://mastodon.sdf.org/tags/Yotta" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yotta</span></a> thing still in the news. <a href="https://mastodon.sdf.org/tags/EvolveBank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EvolveBank</span></a> Some customers being offered pennies on the dollar.<br>'The mystery of where those funds are hasn’t been solved, despite six months of court-mediated efforts between the four banks involved. That’s mostly because the estate of Andreessen Horowitz-backed Synapse doesn’t have the money to hire an outside firm to perform a full reconciliation of its ledgers, according to ... the bankruptcy trustee.'<br><a href="https://finance.yahoo.com/news/no-money-thousands-americans-see-223556135.html" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">finance.yahoo.com/news/no-mone</span><span class="invisible">y-thousands-americans-see-223556135.html</span></a></p>