mitchellmoos

🚨 WARNING (AGAIN) DPRK threat actors are still rekting way too many of you via their fake Zoom / fake Teams meets. They're taking over your Telegrams -> using them to rekt all your friends. They've stolen over $300m via this method already. Read this. Stop the cycle. 🙏

NEW FDIC HEAD: TRAVIS HILL I am thrilled to see DJT nominate Travis Hill for head of the FDIC. Hill criticized US restrictions on banks handling digital assets for clients. I wrote three op-eds criticizing regulatory policy: (1) WSJ: Proposed a framework for sensible digital asset regulation with clear interpretive guidance > SEC Chair Atkins is taking the right steps (2) American Banker: "In Defense of Decentralization" Defended Tokenization and responded directly to then OCC Chair's question 'why does Tokenization' matter (3) American Banker: Made the case that technology firms should have the ability to own banks. It makes no sense that Amazon doesn't have a bank branch in every Whole Foods. Or, that Google or Meta need to rely on antiquated banking rails to service their customers. My prior startup, PeerIQ, sold risk management software to the FDIC and saw first hand the gaps in technology that the vast majority of community banks have. Then I joined Cross River and built the first and only Digital Assets business to obtain FDIC non-objection to : (i) Custody, (ii) Lend, and (iii) facilitate exchange of digital assets. With all the policy swinging in the right direction, I've decided it's time buy a bank and bring it into the 21st century. A modern bank with a digital UX, cross-asset class services, that integrates banking and wealth management. The bank will focuses on the banking the market that suffered the most under Chokepoint 2.0. Many community banks are going to lose relevance in the age of Digital Assets. If you want to sell a community bank, or be part of a crypto-native consortium to acquire a bank, DM me here or on LI. Let's go!

Travel is far too accessible, it is a status symbol is no longer. When every Joe Dick and Harry can go to Capri for a week. The next form of status will either be staying where you are and building roots OR doing real, off the beaten path adventuring

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Top pay in the Singaporean government is kind of crazy. Base salary tied to the top 0.02% of earners, and bonuses tied to macroeconomic aggregates.