3. The majority of banks have less than half their deposits insured, with #SVB almost last at a ridiculously low ~2.7% of total deposits insured.
FDIC is effectively useless at these coverage levels.
2. Based on US CPI data, there has been at least 40% #inflation since 2008 when the coverage amount was most recently raised from $100k to $250k (150%).
It's payday!
More streaming royalties are on the way to collectors today, including the first round of payouts from @bigboi, @motaraps, Anderton, and Madison Ryann Ward.
With these latest payments, the total royalties paid from artists to fans has now surpassed $144K.
We heard people like our giveaways, so let's do another one.
For every touchdown during the #SuperBowl, we'll pick 1 person who RTs this to get a free token of music ownership.
Winners will be announced tomorrow.
@join_royal have been changing the music industry with a bunch of bangers dropping as #NFTs recently.
Stream all the drops on repeat with this @Spotify#Playlist: https://t.co/3BM5nMDbiq