Amboss on Nostr: In March 2023, Silicon Valley Bank collapsed. Amboss didn’t bank there—but our ...

In March 2023, Silicon Valley Bank collapsed.

Amboss didn’t bank there—but our payroll provider did.

Half a payroll vanished overnight.


They told us: "You'll need to resend the funds."

That moment revealed a few (very personal) stark truths about traditional banking:

1. You don’t control your money. Even if your bank survives, their partner’s might not.
2. Diversifying banks isn’t enough. Hidden counter-parties = hidden risk.
3. Their reserve requirement is 0%. Your balance is an IOU backed by nothing.
4. Bitcoin and Lightning are your answer. No trust required.

That’s why we’re building Amboss.

To create financial sovereignty—and convenience—at scale.
#lightningnetwork #amboss