Caitlin Long 🔑⚡️🟠
@CaitlinLong_
Founder/CEO @CustodiaBank. #bitcoin since 2012. 22-yr Wall St veteran. Not advice; not views of Custodia Bank!
1/ MILESTONE ACHIEVED--a tokenized dollar (AvitTM) issued on a permissionless blockchain was used Friday *within the banking system* to make cross-border US dollar payments. @custodiabank & @Vantage_Bank teamed up to do it for Mexico-based trucking & logistics company, DX Xpress.
MILESTONE ACHIEVED: Mexico-based trucking company DX Xpress used #Avits to move US dollars cross-border within seconds & for pennies, achieving something not possible with incumbent USD payment systems. @Vantage_Bank & @custodiabank teamed up again. More👇 custodiabank.com/press/tokenize…
🚨 SCOTT BESSENT NAILS IT on the Fed: “The size, the scope, the cost of the building renovations…One can ask, was it a good idea to start the renovations for an enterprise that's losing $100 BILLION a year?"
“Regime change in everything the Fed does.” —Kevin Warsh I’m grateful that he always calls out the need for “regime change” at the Fed’s Supervision & Regulation Division specifically. He’s aware. All the #debanking & the crushing of innovation by the Fed—he seems to know. Good.
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Q: why is the new Fed HQ so expensive? A: because they needed to make room for for de basement
Q: why is the new Fed HQ so expensive? A: because they needed to make room for for de basement
Jay Powell allowed Chokepoint 2.0 to happen under his watch. It’s time for him to go.
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Jay Powell and the Fed certainly have their hands full. Between Operation Chokepoint 2.0 and building their Palace of Versailles, the Fed also found time to promote woke ideology. Powoke needs to go.
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Jay Powell went woke and the United States went broke.
Jay Powell went woke and the United States went broke.
actively destroyed a hundred billion dollars of enterprise value, lost a presidential election, lost in courts, embarrassed agencies just to be petty and get one over on the cryptobros. now doubling down on bitfinexed arc, so he can say "i told you" so in the nursing home the…
You don't get to pretend you are a firefighter when you were the one who started the fire, Graham.
Oh?
POWELL SHAKES HEAD AS TRUMP CITES RENOVATION FIGURES
I’m watching this on a plane without sound & the body language is hilarious…Trump just said something that caused Powell to make a series of meme-worthy faces & shake his head before handing him this piece of paper. 🍿
The President just said he’s bringing Bill Pulte @pulte with him on the visit to the Fed HQ! This is so much fun. 😂 👇
Jerome Powell must resign.
The Federal Reserve opened its $2.5 billion renovation to reporters today, hours before Trump himself will visit. Below is our first stop — the additions to the Fed’s headquarters building that fill in space between two wings.
Gotta say. I listen to quite a few talking heads on Fed and crypto. You've been steady for well over 5 years...and also very humble. You're really pitching Wyoming on me
.@SenatorTimScott, the top Republican on the Senate Banking Committee, sent a pointed letter to Jay Powell last night, escalating congressional scrutiny over the Fed’s $2.5 billion headquarters renovation just as the Trump admin's attacks intensify. banking.senate.gov/imo/media/doc/…
Yep. Fiscal dominance. Think about it — does Treasury really need the Fed, or would issuing tokenized T-bills solve Treasury’s status quo need to rely on the Fed for services???🤔