Paramount Bank

🇺🇸 Never keep all of your eggs in one basket or all of your money in one bank. As a rule, you shouldn’t keep more than $250k in one bank account, because the government only insures that much for each account. Those who used Silicon Valley Bank (SVB) exclusively have no money right now. We never banked with SVB, but we have decided to create our own bank as a future precaution. I am a firm believer in learning from other people’s mistakes. I really don’t trust anyone with anything these days.

Honestly, tech companies and/or their rogue employees think they can do whatever they want like suspend your social media accounts for no valid reason preventing your ability to market yourself and your business, lock you out of your own cloud accounts that your business runs on, hijack your domains which are part of your personal and business brand identity, and even lock you out of your bank account, and take your money forcing your business to close. They are essentially thugs trying to destroy people’s businesses along with their economic freedom, and we are not going to tolerate it.

I intend to fight back. I’m doing that by creating new, secure, businesses to provide the essential services Americans need for their economic freedom: banking services, cloud services, domain registry, communication, accounting, secure IT, project management, office apps… All using end-to-end encryption, so that no one can access the data. We started Paramount to protect our clients privacy. But as more and more companies invade our privacy, sell our data, steal our intellectual property, and threaten our freedoms, we have had to expand our services to encompass all essential business services. Next we will include banking.

We are also putting together new legislation to protect our privacy and fundamental human rights from tech companies and malicious individuals. We will be sending it to every member of the US Congress, and any member of Congress that refuses to sponsor it will have a fierce competitor in their next election. We’ll make privacy, economic freedom, and human rights the top issues, because that’s what the majority of Americans care about the most — Americans are freedom fighters. We are tired of the US Congress refusing to protect our privacy, and threatening our economic freedom as well as all of our other freedoms by doing nothing.

There are already numerous cases of Iranian nationals, Saudi Arabian nationals, Israeli nationals, Chinese nationals, among others, woking at American technology companies that use their position, typically a computer engineering position, to share data collected by American tech companies with foreign intelligence agencies specifically so they can engage in transnational repression activities against dissidents and critics, sometimes even against American citizens. They engage in these transnational repression activities on American soil. It’s not a conspiracy theory. It’s reality. It happens frequently.

The SVB bank issue is not related to transnational repression, but it’s not entirely unlikely that rogue employees with anti-American and/or anti-capitalist sentiments are the culprit. If your money is not safe at the bank, neither is your data. That means Americans can no longer trust these companies either.

Paramount Bank — because money is Paramount. We’ll keep your your money as secure as we keep your data.

xo