Scenes from Comuna 13 in Medellín, Colombia 🇨🇴
The neighborhood was once a warzone and is now a haven for creativity.
It’s proof that even the most hopeless of situations can be inverted.
The banks have actually done the world a favor in lobbying to stop stablecoin issuers from offering yield.
They’ve given it even more reason to bypass stablecoins and to use bitcoin - a money that cuts banks out of the equation entirely - instead.
I’ve been thinking a lot about terms like “collectivism” and “rugged individualism” - especially as a resident of New York City, which many claim to be the center of capitalism (it isn’t; it’s the center of crony capitalism at best) and which now has a socialist mayor.
My thinking led me to writing this:
🚨NEW: New evidence shows that the SDNY/DOJ has likely sold the bitcoin that the Samourai devs paid it as part of their plea deal even though Executive Order 14233 mandates that forfeited bitcoin be held in the U.S.’s Strategic Bitcoin Reserve.
And this wasn’t the first time in the Samourai case that the SDNY acted in defiance of federal orders or guidance.
Theres is a pattern of defiance here.
Outside of the courthouse where Maduro is being arraigned today, the Venezuelans are waving a “Trump for King” flag, while the New Yorkers want to see Maduro free.
Couldn’t make this stuff up if I tried.
Messages like this make the fact that Maduro, Chavez’s successor, was brought down on the anniversary of the Bitcoin network going live hit even harder.
Godspeed, Venezuela 🇻🇪, and may Bitcoin continue to play a role in helping Venezuelans reclaim their sovereignty.