Tether made $4B in profit in Q1 🤔

Took out a loan and lump summed at $71k. This is a reminder to always DCA.

We’ve gone from folks predicting 3 rate cuts to folks now saying we might get a hike. This just shows no one can predict the economy - not even the fed. Trying to control the economy for the greater good generally ends up with a greater bad. End the fed!

THE TYRANNY SHALL CONTINUE

"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security." - The Declaration of Independence

“We’re not gonna use the dollar anymore” “If you do that then we won’t allow you to use the dollar” “Fine.” “Fine.”

aun n rode View quoted note →

The tornado cash case is going to likely set the precedent for what “money transmitting” means for purposes of bitcoin. The case will mostly hinge on how “transfer” should be defined within the meaning of Section 1960. As these screenshots show, the government argues that it means “by any and all means” and that “control” is not a prerequisite to be considered a transferor. They use examples like a USB cable being a transferor of data and a frying pan transferring heat from a stove. By this logic, anyone operating hardware or software which Bitcoin runs through could be deemed a money transmitting business. However, this is obviously overly broad. My guess is, if the judge has common sense, he will see that a line needs to be drawn somewhere. The easiest line to draw is by making control a prerequisite. Otherwise the governments reasoning opens up liability to almost any tech company providing software or hardware. The line of reasoning is simple: Are dell and Microsoft money transmitting businesses because their laptops and software enable you to send money to someone in e-commerce? No. What about your ISP whose internet connection enables the transfer of data to complete an internet purchase? No. Why? Because they aren’t exercising control over the transaction, they are just providing the rails that make it possible - and have no further involvement.

“No one is coming to save me; no one is coming to make life right for me; no one is coming to solve my problems. If I don't do something, nothing is going to get better.” - Nathaniel Branden

Yes.

Why is no one talking about this?

joinstr

Decentralized Coinjoin Implementation

This bill was introduced last march and has made no progress. If it gets pushed through, it solves nearly all the problems we’ve seen this week. https://www.congress.gov/bill/118th-congress/house-bill/1747/text

How tf do I use mutiny for zaps, this is frustrating