Mastodawn

⚯ Michel de Cryptadamus ⚯Feb 10, 2025

another great (and very detailed) resource on the #debanking and "Operation Chokepoint 2.0" conspiracy theories being wielded against the #CFPB and #FDIC from #PatrickMcKenzie (Patio11).

#NathanMcCauley, the broligarch who runs "crypto bank" #AnchorageDigital, asked Patrick to retract the post. He refused.

* original post: https://www.bitsaboutmoney.com/archive/debanking-and-debunking/
* thread about the retraction request: https://x.com/patio11/status/1888973701342785942
* full story about retraction request rejection: https://www.kalzumeus.com/2025/02/10/retraction-request-denied/

#NerdReich #broligarchs #MarcAndreessen #a16z #VCs #banking #finance #economics #DOGE #elonmusk #BenHorowitz #OperationChokepoint2 #OperationChokepoint

Debanking (and Debunking?)

Crypto advocates kicked off a recent, somewhat politicized, discussion of debanking. Strap in for scintillating banking compliance trivia.

Bits about Money

Dispactké Dec 15, 2024

This is an incredible essay. It is VERY long, convoluted, incoherent, a little boring. I don't really understand large parts of it. And disagree with much. Terrified by some of. But most of it is...riveting: Banking. Crypto. Debt collection. Fraud & liquidity phantasma. Finance minutiae.

#PatrickMcKenzie @patio11

https://www.bitsaboutmoney.com/archive/debanking-and-debunking/

Debanking (and Debunking?)

Crypto advocates kicked off a recent, somewhat politicized, discussion of debanking. Strap in for scintillating banking compliance trivia.

Bits about Money

Show thread

Cory Doctorow Aug 12, 2023

The people they collected the debts from are likewise in the dark. The only specialized expertise debt-collection firms concern themselves with are a series of gotcha tricks and semi-automated legal shenanigans that let them take money they don't deserve from people who can't afford to pay it.

There's no better person to explain this dynamic than #PatrickMcKenzie, a finance and technology expert whose #BitsAboutMoney newsletter is absolutely essential reading.