Costa Rican and El Salvadorian bitcoiners are bragging, and I don't want to leave this Bitcoin country out.
Beautiful weather in Portugal, and great people here too.
ETH bros confused about what's going on here. Despite them claiming ETH is a good investment and store of value, when push comes to shove, institutions wanting to get billions of dollars out of USD still pick BTC as the safe store of value.
Just got email from Gemini:
Please note that Gemini has zero customer funds and zero Gemini dollar (GUSD) funds held at Signature Bank, Silicon Valley Bank, and Silvergate Bank.
All Gemini customer U.S. dollars are held at JPMorgan, Goldman Sachs, and State Street Bank.
All GUSD reserves are held at State Street Bank, Goldman Sachs, and Fidelity.
As a reminder, Gemini is a full-reserve exchange and custodian. This means that all customer funds and Gemini dollar reserves are held 1:1 on Gemini and are available for withdrawal at any time.
From @nic_carter
Barney Frank openly admits that Signature was arbitrarily shuttered despite no insolvency because regulators wanted to kill off the last major pro-crypto bank. Colossal scandal
I love this space, and I love watching history unfold over the years in this space. Decades from now when people don't even think of Bitcoin as anything special besides just money everyone uses, I'll remember how it all started.