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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%4:00 PM EST

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Winfastorlose
To: Pogeu Mahone who wrote (194747)12/17/2022 10:57:41 AM
From: maceng21 Recommendation  Read Replies (2) of 217830
 
<<said it processed $3 billion in customer redemptions on Tuesday over the span of seven hours>>

Looks like things are running smoothly.

I took my crypto off Coin Base, Coin List, & Huobi a few months back. I was worried about Coin Base as they had loads of selling pressure at the time, and they took a few days, but all went well.

I think that Coin Base actually had some of my crypto stored on cold paper wallets, and the crew had to go out and dig them up and redeem them. Full marks to the administration!

About the 20 of May this year.
2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board - Msg: 33849013 (siliconinvestor.com)

It's all off the exchanges apart from a little crypto and cash in the form of GTC's for Buys and Sells.

Lets see if any of these crypto exchanges weather the storm.

The least of my worries in fact.

November 29

Credit Suisse Keeps Sinking - TheStreet

Any issues here? Looks like a bargain buy.

I am not an expert in Bank swaps though. It sure looks scary when big institutions show up wanting to buy gazzillions of USD's and swap em for local currency. And what does happen if these entities go belly up? Or the local currency crashes?

I am glad I never got into the banking business.




I am not going to just say there is just a problem with Credit Suisse. I suspect the problem is more widespread.

My view is, if you think there is only financial problems in Cryptoland, (i.e they are the only ones with toxic debt) I think you are the one with head planted firmly in the sand.

Now of course our respective governments back our standard bank accounts. We can trust them up to the insured amounts. I like keeping some other forms of insurance too.

Belt and braces :-)
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