Discover and read the best of Twitter Threads about #gensler
Most recents (4)
What happened with Silicon Valley Bank (SVB)? Why did it crash? Who's responsible?
A thread 👇 🧵
#SVBCollapse #SVB #SIVB
A thread 👇 🧵
#SVBCollapse #SVB #SIVB
1/9
SEC Chair Gary Gensler & Senator Elizabeth Warren launched operation Chokepoint 2.0 somewhere in late 2022.
Chokepoint 2.0 is an operation aimed at crypto companies and getting them unbanked.
No matter how you feel about crypto, this had big consequences outside of it.
SEC Chair Gary Gensler & Senator Elizabeth Warren launched operation Chokepoint 2.0 somewhere in late 2022.
Chokepoint 2.0 is an operation aimed at crypto companies and getting them unbanked.
No matter how you feel about crypto, this had big consequences outside of it.
2/9
In early 2023, the Chokepoint operation harassed the Silvergate bank and its customers, which caused a bankrun and the shutdown of Silvergate.
In early 2023, the Chokepoint operation harassed the Silvergate bank and its customers, which caused a bankrun and the shutdown of Silvergate.
In this market I'm focused on quality over quantity, diving deep before pulling the trigger.
Very impressed with the @hoardusdh team, so much so I'm supporting as an advisor.
Here's my take on the challenges #stablecoins face and why $HRD and $USDH *may* be the answer. 1/16
Very impressed with the @hoardusdh team, so much so I'm supporting as an advisor.
Here's my take on the challenges #stablecoins face and why $HRD and $USDH *may* be the answer. 1/16
Top line: $USDH is the only #stablecoin with all 4 of the following traits:
- No centralized issuer
- No algorithmic or debt position backing
- No blacklist functions
- No "blacklistable" collateral
That's the hook, but how does it work and why does that matter? 2/16
- No centralized issuer
- No algorithmic or debt position backing
- No blacklist functions
- No "blacklistable" collateral
That's the hook, but how does it work and why does that matter? 2/16
$USDH is a fully decentralized #stablecoin backed by a basket of censorship resistant stables: $MIM $USDD $sUSD $LUSD $FEI
Deposit $1 of these whitelisted stables and mint $1 of $USDH and vice versa for redemptions.
Deposits form the basket of Hoard's collateral assets 3/16
Deposit $1 of these whitelisted stables and mint $1 of $USDH and vice versa for redemptions.
Deposits form the basket of Hoard's collateral assets 3/16
1/ SEC chair #Gensler’s speech at the Securities Enforcement Forum yesterday if you missed it. Quoting the first SEC chair Joseph Kennedy - apparently are at war with #crypto and it is just a bunch of buzzwords for the same old thing. sec.gov/news/speech/ge…
/2 Gensler should read up on his history and not just throw around quotes. Kennedy was a pragmatist who had to manage the zealous enforcement reformers in the SEC. Good article to read on the #SEC founding here: sechistorical.org/museum/galleri…
/3 The regulatory war (his words not mine) is a sign of the maturity of the #blockchain #crypto #Digitalassets industry. Ignore us, make fun of us, fight us and then we win. Oh and @MarkYusko check the source of your quote on :)
It only cost me $7/share to become an $AMC stockholder. How is that a bad thing?
@AMCTheatres have bars in them, that serve Margaritas!
After this pandemic is over and you take your kid to see a movie you'll really appreciate that.
@AMCTheatres have bars in them, that serve Margaritas!
After this pandemic is over and you take your kid to see a movie you'll really appreciate that.
Just wanted to pass on that I was able to book a whole theater as a Birthday Present and it went perfectly....and made me look really good.
Thanks @AMCTheatres @AMCHelps
I'm gonna have to hold on to my $AMC stock and earn those #AMC Stubs now.
Thanks @AMCTheatres @AMCHelps
I'm gonna have to hold on to my $AMC stock and earn those #AMC Stubs now.
All eight of the New Vision Theatres will be re-branded as part of the AMC family of theatres. The first change you will notice are the new, branded signs on the interior of the building. #AMC @AMCTheatres
amctheatres.com/new-vision-faq
amctheatres.com/new-vision-faq
