Yaël's avatar
Yaël
yael@yael.at
npub15dnl...3lfc
deputy director @ consumer choice center fellow @ bitcoin policy institute québécois-american innocent abroad in Wien
Yaël's avatar
Yael 2 years ago
Does anyone have the video clip of that guy on CNBC who talked up a stock and then had “technical difficulties” when he was quizzed on it? “What kind of company is it” he couldn’t answer
Yaël's avatar
Yael 2 years ago
Out with the raspberry pi and miniPC nodes! And in with the unraidOS docker nodes running full power!
Yaël's avatar
Yael 2 years ago
Minority opinion here, and I haven’t seen too much analysis about it, but the new federal law requiring all LLCs to give FinCEN names and identifying details of their owners (updated Corporate Transparency Act) is a bad day for financial privacy (don’t really care about millionaires and billionaires, since they use strawman manager arrangements). Ordinary middle-class Americans have used the privacy-preserving features of LLCs to protect their assets, investments, and property for years. If you wanted a modicum of privacy for your home or investments, whether from stalkers, tabloid press, or spiteful ex-partners, LLCs have always been ideal. These structures have been vital in the privacy community, and for good reason. Beneficial owners have always had to report income to the IRS, but this new reporting mechanism is an additional step that will open up that information for all to view, as well as introduce new opportunities for your rights to be denied or abridged by other government agencies and companies they regulate. Proponents (including the control whackos at FATF) say this is necessarily to deter crime and tax evasion. But court orders have always had the ability to unmask this information (especially with existing banking regulations). Not to mention the loathsome Bank Secrecy Act. The vast majority of Americans are law-abiding and follow tax laws. Further reducing the financial privacy of 350 million people to “chase” the 0.5%-1% is a perilous path. For many Americans abroad, the cruel reporting standards forced by the US government on banks abroad (#FATCA) already force many millions of US expats to use these LLCs in lieu of bank accounts where they live (namely because LLCs don’t require physical presence in the US). Getting a bank account as an American abroad is absurdly complicated (again because of US reporting standards imposed on foreign banks). What we’re seeing here is a slow-roll attack on financial privacy for ordinary people. Again, the billionaires can easily route around this. The ratcheting-up of KYCing every financial transaction or relationship (including bitcoin) is definitely part of a larger trend. And by any measure, it’s about reducing privacy for individuals, not broader concern for global crime. https://www.reuters.com/legal/legalindustry/changing-stakes-how-evolving-law-firm-ownership-rules-could-or-could-not-re-2021-08-19/
Yaël's avatar
Yael 2 years ago
Anyone here using unraidOS
Yaël's avatar
Yael 2 years ago
New year. New headshot. Who dis. image
Yaël's avatar
Yael 2 years ago
I’ve been out of the loop — are the current high fee prices because of some new ordinals gambit? I’ve had several people I know ask me and I just haven’t been paying attention
Yaël's avatar
Yael 2 years ago
🥪From grocery mergers + sandwich monopolies to the breaking of phone encryption + Bitcoin, Sen. Elizabeth Warren sings from a progressive, populist playbook often blaming tech innovation rather than celebrating it – but she ain't alone in DC my TV thoughts on Fox 5 DC last night:
Yaël's avatar
Yael 2 years ago
In 2024, I’ll be writing much more on good open-source practices: for companies, consumers, consumer advocates, and broader open-source communities. How can current policy discourse on open-source projects + applications be improved? #FOSS
Yaël's avatar
Yael 2 years ago
Going to Warsaw this week. Got a staff retreat, spending some sats at @Tomek ⚡ K's bar, and premiering our first-ever documentary on Neoprohibitionism: The Fun Police
Yaël's avatar
Yael 2 years ago
The precise moments when my spoken German is unlocked at near-fluency level are at the mechanic and on the phone with any customer service. Vital skills.
Yaël's avatar
Yael 2 years ago
As much as it’s useful, I’m seeing more large finance and budget apps including the ability to add Bitcoin xpubs. While it’s great and convenient, I cannot ever recommend leaking your xpub to a service you don’t fully control, and whose business model often rests on your data
Yaël's avatar
Yael 2 years ago
UAPs are real and the government knows all about them. Oddly enough, Congress is about to yield some answers
Yaël's avatar
Yael 2 years ago
I come out of the #UAP disclosure closet: –Chinese weather balloons infiltrate US airspace, but also things we can't identifiy –By congressional mandate, we'll get answers soon –Pentagon secrets, accountability, and UAP disclosure –The truth is out there on HeardTell
Yaël's avatar
Yael 2 years ago
For my policy work, I really used to pay attention to what many Bitcoin influencers were discussing and talking about. But after a while, I realized there was a lot of shallow thinking, a lot of self-promotion, and not much substance. Then, I met some who really seem determined to elevate their profile over good substantive public policy that would help Bitcoin. What's worse, many of the things they were saying and doing were *actively* harming light-touch regulatory principles. I don't really pay attention to that noise much anymore, but I am still in contact weekly with various legislators on better proposals to protect Bitcoin's privacy, and its freedom from regulation. all in all? Slay your heroes.