
Ammar
@ammarorama
Followers
539
Following
3K
Media
64
Statuses
1K
ex @yobotaplatform, busted some myths around core banking systems.
London, England
Joined November 2011
Open question to people: how do you define a “digital asset” ?. Criteria which come to my mind:. is it a cryptographically signed item of data? . Does it need to be provided via a consensus mechanism. Does it need to have a calculable value?. #DigitalAssets.
1
0
0
Imagine if #Picard season 3 had been the first one. Even the only one. How great would that have been. So many people will not watch the third season because of how bad the first and second were. It’s a real shame.
0
0
0
One question the #SVB story raises is what the concept of brand loyalty to banks really is. There are millions spent in this area each year, but when push comes to shove what is it really for? 🧵.
1
0
0
RT @ramahluwalia: I found a bank that has $1.5 Tn in mark-to-market losses because it bought Treasuries & MBS. For the first time in 107 y….
0
521
0
This is a very important point about implications for the financial system based on how the SVB situation is handled. The thread is also great.
6. If the Fed doesn't own it, trust in the banking system becomes an issue. There are a ton of banks with more than 50 pct uninsured deposits. What would be best practices to protect from a future run if your company writes millions in checks weekly ?.
0
0
1