Kanye gets BANNED from Banks

Bitcoin Magazine LIVE #181

1) News and Note with P and Chris
00:00:00 Intro
00:01:00 Bitcoin Amsterdam Recap
00:05:43 Target now sells Crypto Hardware Wallets
00:09:30 CoinCorner expanded to El Salvador
00:10:25 Lily Wallet, A secure bitcoin wallet designed for everyone on their journey toward financial freedom
00:14:00 Peach Bitcoin was allowing for p2p cash transactions easily at Bitcoin Amsterdam
00:15:00 Senator Elizabeth Warren is leading a group of Democratic lawmakers who are pressing Texas officials for details on how cryptocurrency miners may be straining the state’s power grid
00:18:35 CoinCenter is backing a second lawsuit against the US Treasury Department alleging its sanctioning of Tornado Cash overstepped legal bounds
00:21:38 “Earlier today I learned that Kanye West was officially kicked out of JP Morgan Chase bank. I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank”
00:26:55 Laura Shin is apparently recording an interview with him this morning. I am looking forward to seeing how this interview goes with a Red Notice out for him
00:29:00 Core CPI rises 6.6% in September the largest annual increase since 1982
00:31:11 Custodia Bank has filed a lawsuit alleging ‘favoritism’ after authorities allowed mainstream lender BNY Mellon to offer crypto services before Custodia
00:33:12 Multi-sig continues to get easier. Year of multi sig (Lily Wallet). To my knowledge the only other app that can do this at the moment is Nunchuk
00:35:30 JP Morgan de-banked the National Committee for Religious Freedom for inexplicable reasons, but then said they’d let them back in if they shared their doner list.
Bitcoin fixes this
00:37:29 “This is fucking war” Jamie Dimon slams Biden for begging Saudis for Oil. Says investors “Don’t Give a Shit” about ESG
00:38:14 Social Security Cost of living adjustment will be going up 8.7% in 2023, highest increase in 40 years according to CNBC
00:39:26 The European Commission last week boosted restrictions on providing financial services to Russians.
00:43:07 “The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets” – @WSJ

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“All views expressed by hosts, guests, and interviewees of “Bitcoin Magazine Live” are opinion only and do not reflect the views of Bitcoin Magazine, its ownership, management, any of their associated or affiliated entities, or their inhouse or third party service providers and platforms. This program is informational only, and its content does not contain or construe any offers to buy, sell, or hold any bitcoin, other cryptocurrency, or any securities or other financial instruments in the United States or any other jurisdiction in which such solicitation or offer would be unlawful. Nor does this show’s programming constitute any kind of legal, tax, investment, financial, or other advice. Individuals who appear on “Bitcoin Magazine Live” are not deemed investment advisors and their performances in the past are not indicative of future results. Nor are staff or management of “Bitcoin Magazine Live,” its publishers and affiliated companies in the business of providing advice, financial or otherwise. All investment carries risk and you should do your own due diligence before investing.”

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