from Balaji | by Balaji

What’s the level above a merely FDIC-insured bank? Perhaps one of the 30 global banks designated too-big-to-fail. These aren’t known for being startup friendly. But many may now seek a fiat account there. t.co/5JINcr1RAt

It’s possible that everything plays out fine on Monday. I hope everyone gets their deposits back quickly. But if not, it’s quite possible that we see a stark dichotomization of tech into centralized and decentralized. Into the state and the network. On the centralized side,… t.co/EwqHdxWipY