JohnBarronIII (@JohnBarronIII@ohai.social)
#NowWatching #TrickOrTreat 1986 2024 #BluRay #Synapse #RedShirt #Horror #SammiCurr #SongsInTheKeyOfDeath #Halloween #PMRC #SatanicPanic #Fastway #MarcPrice #EddieWeinbauer #Ragman #TonyFields #Ozzy #Movies #GeneSimmons You Should Be Loyal To Your Heros... #SammiCurrLives 🤘🔥🤘
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cryptadamist (@cryptadamist@universeodon.com)
a much needed dismantling of the bullshit marc andreessen, a billionaire whose fund a16z is an incredible wrecker of average consumers' bank accounts all over the world, was spewing on the Joe Rogan Experience.
https://fintechbusinessweekly.substack.com/p/synapse-investor-marc-andreessen
#JoeRogan #a16z #MarcAndreessen #Synapse #FintechBusinessWeekly #Fintech #baas #VC #VCs #venturecapital #crypto #cryptocurrency
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cryptadamist (@cryptadamist@universeodon.com)
Patrick Boyle does a good job giving #a16z chief bro and Nerd Reich mastermind Marc Andreessen a hard time for the insane statements made by the latter on the Joe Rogan Experience a few days ago.
tl;dr Andreessen claimed the Consumer Financial Protection Bureau needs to be eliminated because it's "Elizabeth Warren's personal agency that exists to terrorize fintech companies to prevent them from competing from the big banks" (I'm paraphrasing).
Conveniently unmentioned is that one of #a16z's big fintech investments, #Synapse, has lost something like $50-100 million in customer funds and is exactly the kind of company the #CFPB just announced it would try to regulate.
Andreessen's whole performance on Rogan was truly disgusting.
https://www.youtube.com/watch?v=SAFlRSftffc
#JoeRogan #MarcAndreessen #fintech #Trump #Election2024 #ElonMusk #TheNerdReich #Yotta #PatrickBoyle
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stevenwick7 (@stevenwick7@mastodon.social)
At the heart of this crisis is a lack of consumer protection, particularly when it comes to fintech platforms that operate as intermediaries between users and banks #fintech #Synapse #consumerprotection
https://newsmeapp.com/thousands-of-users-left-with-pennies-on-the-dollar-after-fintech-synapse-collapses/
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cs (@cs@mastodon.sdf.org)
Previous story on the #Synapse #Fintech fiasco on NPR's #PlanetMoney
'The hidden world behind your new "banking" app'
https://www.npr.org/2024/08/16/1197961372/fintech-banking-as-a-service-yotta-synapse-evolve
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cdarwin (@cdarwin@c.im)
Thousands of Americans will receive little or nothing from savings accounts that were locked during 🎈the collapse of fintech middleman #Synapse.
Customers believed the accounts were backed by the full faith and credit of the U.S. government.
CNBC spoke to a dozen customers caught in the predicament -- people who have lost sums ranging from $7,000 to well over $200,000.
While there’s not yet a full tally of those left shortchanged,
at fintech Yotta alone, 13,725 customers say they are being offered a combined $11.8 million despite putting in $64.9 million in deposits.
https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html
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cryptadamist (@cryptadamist@universeodon.com)
@JessTheUnstill interesting fact: the #Synapse partner bank where all these issues are stemming from, Evolve Bank & Trust, has a bunch of fun properties:
1. Issuer of the #FTX debit card
2. Used by George Santos and Andy Ogles to store campaign funds
3. Banking partner of #PrimeTrust, the Nevada crypto custody company that collapsed in 2023
4. Banking partner of #BlockFi, one of the crypto "banks" that went down with the good ship FTX.
5. Recently hacked by Russians
6. Recently hit with a major fed enforcement action
Also Synapse was backed in a big way by Trump loving #a16z and Marc Andreessen.
Some more details:
https://fintechbusinessweekly.substack.com/p/evolve-hit-with-fed-enforcement-action
#marcandreessen #EvolveBank #EvolvebankAndTrust #crypto #cryptocurrency #Bitcoin #ethereum #BTC
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igb (@igb@mastodon.hccp.org)
Billionaires like Marc Andreessen and Ben Horowitz want to fund experiments like #Synapse using the money from their limited partners. They aren’t at risk. There’s no downside for them. When it all goes south though, it is regular people who lose their life savings.
This is a fucked up and sad story.
We are going to see more and more of this kind of stuff now that "the handcuffs are off".
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jimdonegan (@jimdonegan@mastodon.scot)
#JosephLeDoux - What is the Nature of the #Self?
https://www.youtube.com/watch?v=NQ0DB0Qn7WQ
#Philosophy #PhilosophyOfMind #Mind #PhilosophyOfConsciousness #Consciousness #Neuron #Neurons #Synapse #Synapses #Psychology #Freud #Person #Personality #Personhood #Identity #PersonalIdentity #CloserToTruth #RobertKuhn
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PLOSBiology (@PLOSBiology@fediscience.org)
We know about #serotonergic signaling in neurons, but what does it do in #GlialCells? This study shows that glial serotonergic signaling is important for experience-dependent #synapse elimination & targeting during #Drosophila development #PLOSBiology https://plos.io/3zJnDrG
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