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Image from "Bank Transfer" Post (Patreon)

Published:
2023-03-10 18:59:48
Imported:
2023-03

Content

Here's the image from my Bank Transfer Post - a few members said you couldn't zoom into the image - this one should work. 

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Comments

Anonymous

Noto just bought 1 mil shares of SoFi, so I guess that’s supposed to be reassurance from him

Anonymous

All of it. $250,000 per account. Anything over that in each individual account is potentially at risk. If one has more than $250,000 in one individual account ie. checking, savings, money market, and CD accounts, then the balance is at risk. Hence, it makes sense to spread it out amongst different individual accounts of FDIC-insured banks, brokerage houses, or other FDIC-insured entities.

Anonymous

Also, in news affecting financials/crypto, Elon Musk said he's switching from crypto to AI. Has anyone else heard re his investment in AI. Does anyone know what he's focusing/referring to? Quantum AI crypto platform denies it relates to them on their website https://quantum-ai.io/ FAQs : "1. Did Elon Musk Invest in Quantum AI? We do not disclose the identity of our clients, and hence the rumour is not in any way associated with us. Elon Musk hasn’t said anything about Quantum AI. The claims that he has invested in us are, therefore, fake news."

Anonymous

When you’re poor, like me, days like this are nothing. Just another day of perpetrating the oppression and keeping the brother down. Handed most of my money over to Do Kwon and SBF. Somehow I feel like Elon is next. Rich are getting richer and the poor are getting poorer.

Anonymous
>>103775750

Per FDIC.Gov Insurance is 250,000 per bank, per depositor. They don't mention "per account"

Anonymous
>>103775750

Per account "type" if in the same financial institution. The FDIC (Federal Deposit Insurance Corporation) provides insurance coverage of up to $250,000 per depositor, per account ownership category, at each FDIC-insured bank. This means that if a depositor has accounts in different ownership categories, such as individual accounts, joint accounts, and retirement accounts, they can be insured up to $250,000 for each category. For example, if you have a $250,000 individual account at an FDIC-insured bank, and you also have a $250,000 joint account with your spouse at the same bank, both accounts would be fully insured for a total of $500,000 ($250,000 per account ownership category).

Anonymous
>>103776970

Funny how that narrative never changes huh? Crypto ain’t our savior- trying to get back to zero is hard.

Anonymous

Lyn Alden says FDIC will insure 250,000 per but we would have to print that money. James can you figure out how much would need to be printed and what would that debase the existing M2?

Anonymous

QE coming SOON! YAY!

Anonymous
>>103776970

Terry keep the faith, its better to live in hope than die in despair. I long since blew through what I can afford to lose so now I speculate a lot less on a very small field and hope that the tides will turn eventually. Hope isn't a strategy, but it does keep you engaged, too stubborn to say die.

Anonymous

https://www.zerohedge.com/markets/wells-fargo-warns-customers-incorrect-balances-or-missing-transactions

Anonymous

Thanks James, I moved some money from one of these tech banks to my old traditional bank. Appreciate you watching out for us.

Anonymous

Kraken uses Signature bank which is on the list