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MarcosElMalo2
Patrick Boyle
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Comments by "MarcosElMalo2" (@MarcosElMalo2) on "Yotta Bank u0026 The Problem with Fintech!" video.
It’s kind of weird how Rogan has a tendency to fall for lies, pseudoscience, and various other claptrap, but is quite resistant to taking in facts.
152
That’s the funny twist in the story. The deposits are FDIC insured. The money is still there, safe, and the bank (or possibly banks) are apparently solvent. The hold up is that the records, i.e., which account is associated with which user, is lost.
67
Marc Andressen understands perfectly well what PEP is. He’s just lying about it.
33
He seems to invite mostly guests that are liars.
30
@SusCalvin It makes you watch the video. 😜
12
@neeneko He’s not in favor of bribery across the board, only for his side.
8
Did you even watch the video? He talked about ‘Ye.
6
Did you watch the video? The accounts where the money is, is FDIC insured, if the banks go bankrupt. The fintech “banking platforms” partner with real banks with FDIC insurance. But the “banking platforms” are not banks, so they do not qualify for FDIC. The money didn’t vanish, nor did the banks go bankrupt. The banking platform (Yotta) relied on another company to handle customer and bank transaction services (synapse). Synapse went bankrupt and shut down. After they shut down, there was apparently no way to access the customer information. People were told their money was being stored in FDIC insured accounts, and that part was true. Their money is still there in the accounts, but the records held by Synapse or Yotta are gone.
6
@butwhytharum What’s your definition of robbery? If you misplace something in your home, is that robbery? Perhaps you stashed a $100 bill somewhere and you can’t remember where you put it. Is that robbery? Let’s say that when you stashed the money, you wrote a note to yourself. Now for some reason you can’t find the note. If that is robbery, at which point was the robbery triggered? When you lost the note, when you realized you lost the note, or when you decided you needed to retrieve the money? Or at some other point?
3
Maybe they’re shady, maybe they’re not, but the reason fintech banks can’t get FDIC is because they’re not banks, which they all say in the fine print, if at all.
3
What’s a boarderline?
2
Instructions unclear. Humanoid robot firmly lodged in my butt and the doctors say they can’t remove it without harming the robot.
1
Joe Rogan needs . . . . Where do I even start? He needs a brain implant? An ethics upgrade? Switching him off and then back on? Reincarnation and a fresh start? Joe Rogan is a snake oil salesman salesman. He doesn’t promote or sell the snake oil himself (or at least not much). He promotes the people who sell snake oil. His plausible deniability? “I’m just a comedian stoner” or “I’m just asking questions, not pushing an agenda”. He knows exactly what he is doing.
1
@SusCalvin Calling them wannabe conservatives is too kind. The maga movement is not conservative. It’s a liars’ movement. Joe Rogan is not a conservative, contrarian, nor a freethinker. He’s just another anti-intellectual grifter whose grift is promoting other grifters.
1
It would be a short video because there is ONLY ONE way to prevent the collapse of civilization. Humanoid Robots. Fercrissakes, it’s mentioned in this video.
1
The key thing here is humanoid robots. Non-humanoid robots won’t stave off civilizational collapse. Quite a few studies have shown that people prefer to be lied to by humanoid robots.
1
On a side note, where do you get your spelling advice?
1
@markmarcas6523 You sound like a juvenile delinquent and the liberals that coddle them. “I blame society for making me do dumb things.” Sure, people need to be held accountable. But what happened to personal responsibility?
1