2025-11-24 18:32:07
"Nicolas Guillou, French ICC judge sanctioned by the US: 'You are effectively blacklisted by much of the world's banking system'"
https://www.lemonde.fr…
"Nicolas Guillou, French ICC judge sanctioned by the US: 'You are effectively blacklisted by much of the world's banking system'"
https://www.lemonde.fr…
@… @…
Right on cue: Nicolas Guillou, French ICC judge sanctioned by the US: 'You are effectively blacklisted by much of the world's banking system'
Daniel prince from Once Bitten podcast on usury and banking.
Usury is lending money, charging interest.
Aristotle thought money was for use not for interest. He thought usury unnatural.
Many religious quotes saying not to extract interest.
"Money is power" but this is not gold or paper money. It's credit. Infinite money with interest. Which breaks everything.
Imagine a mortgage. Prices of homes inflated by available interest. You have to give a deposit but the bank creates ten times that in new money! Who gets rich here? Banks are printing money. That inflates prices and dilutes money purchase power.
Not just mortgages. Business loans, repair loans, global scale of all of this.
Not only did they create that money, the charge interest on the money they created! And if you don't pay, they take the house.
One judge found this all illegal, but was soon overruled and found mysteriously dead.
What can you do eh? Only opt out. Don't take loans. Use a money that stores value instead of losing it.
#bitfest #bitcoin #banking
DDoS incident disrupts France’s postal and banking services ahead of Christmas https://therecord.media/la-poste-france-ddos-disruption-days-before-christmas
EU blacklist prompts Armenia and Serbia to cut off Russian banking clients: https://benborges.xyz/2025/12/20/eu-blacklist-prompts-armenia-and.html
Short panel on merchant adoption.
Hipster burgers here in Manchester takes bitcoin. The owner says people are generally more curious than dismissive.
Gresham's law implies that people spend their worst money first. They want rid of it. When you give merchants your bank money you give them the worst money. Be kinder to merchants!
Ben from lnbits, the first merchant point of sales lightning devices, says merchants are interested because they want to have a broad portfolio. Accepting bitcoin is the easiest way to get it, without "know your customers" banking rules.
#bitfest #bitcoin
DDoS incident disrupts France’s postal and banking services ahead of Christmas https://therecord.media/la-poste-france-ddos-disruption-days-before-christmas
"Federal regulators have rescinded a set of guidelines for large banking institutions to consider the financial dangers of the climate crisis when making decisions about business strategy, risk management, and strategic planning."
Fed accused of putting 'financial system at risk' with new 'capitulation' - Raw Story
https://www.rawstory.com/federal-reserve-2674210146/
no idea if you notice the mistake, but the people who always complain about vibecoder (meaning those who can’t handle #ai) would probably say this is what happens when you code with ai. i’d say if it had been done with ai, that clueless excuse of a developer wouldn’t have forgotten to link the second copy button 🙄 🤦
the screenshot is from a german banking app.....
Scotiabank restructures, employees laid off across Canada. Here’s what you should know
https://flip.it/nQrfkB
"Partnership Rest Area" sounds like a Brothel. :-)
https://www.cbc.ca/lite/story/9.6963292
Russian police bust bank-account hacking gang that used NFCGate-based malware https://therecord.media/russian-police-bust-banking-hackers-nfcgate-based-malware
🎯 E-commerce order processing example with inventory management and payment processing
💰 Banking transfer service example with balance validation and automatic rollback on errors
👤 User registration example with profile and settings creation in single transaction
🧪 TransactionException error handling for comprehensive failure management
🔁 Nested transaction support using #Laravel