Thread regarding Bank of New York Mellon Corp. layoffs

BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets (https://cryptobriefing.com/bny-mellon-bitcoin-custody-approval/)

How long will it take for our illustrious organization to sc--w this up? Anyone have any predictions given BNY Mellon's record for short-sightedness and managerial incompetence?

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| 7668 views | | 5 replies (last September 27, 2024) | Reply
Post ID: @OP+1uFAPEYU

5 replies (most recent on top)

The accouting platform we have believe it or not actually can actually have bitcoin in assets already. A major problem especially is that it came from daily files and wasn’t being updated immediately. This was part of digitization efforts and has been there for a few years now.

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Post ID: @3vde+1uFAPEYU

Post ID: @2fou+1uFAPEYU - Should I sell my kids?

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Post ID: @2wzb+1uFAPEYU

There is no second best crypto asset.
There's a crypto asset that's called Bitcoin, right? Right.
There is no second best, ok?
But take all your money and buy Bitcoin.
Then take all your time, figure out how to borrow money to buy more Bitcoin.
Then take all your time and figure out what you can sell to buy Bitcoin.
And if you absolutely love the thing that you don't want to sell it, GO MORTGAGE YOUR HOUSE AND BUY BITCOIN WITH IT.
And if you've got a business that you love, because your family works for the business, because it's in your family for 37 years, and you can't bear to sell it, mortgage it, finance it, and convert the proceeds to the hardest money on earth, which is Bitcoin.

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Post ID: @2fou+1uFAPEYU

A messy “head”…. i thought Roman Irregularman was flushed down the bowl? He was also the little greasy carnival barker who tried to champion this before…

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Post ID: @1npk+1uFAPEYU

For things to go right, they need to make the Butlers head roll. Is completely out of depth, is biding time. Wonder why such a long rope with nothing to show on the PnL. The mess starts at the top. This one’s a messy “head”

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Post ID: @1jxh+1uFAPEYU

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