Evidence that Chokepoint 2.0 is real by Nic Carter - read summary at least before you trash it!

https://www.piratewires.com/p/2023-banking-crisis

Main argument: Regulators are launching a coordinated attack on cryptocurrencies and their associated infrastructure in a bid to eliminate competition for traditional banks, consolidate power, and maintain the status quo.

• Evidence of the attack:
  • Collapse of two major cryptocurrency banks, Silvergate and Signature, which the author argues were intentionally targeted by regulators.
  • Regulatory actions, such as increased scrutiny of cryptocurrency transactions, stricter capital requirements, and revocation of banking licenses.
• Implications of the attack:
  • Less innovative and less efficient financial system.
  • Increased centralization of power and concentration of wealth.
• Perspective: The article presents a specific perspective that cryptocurrencies are being intentionally targeted by regulators to maintain their monopoly on the financial system.
• Overall, the article paints a bleak picture of the future of the cryptocurrency industry, based on the perspective that it is being unfairly targeted by regulators in a bid to maintain the status quo.