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
yael@yael.at
npub15dnl...3lfc
deputy director @ consumer choice center
fellow @ bitcoin policy institute
québécois-american innocent abroad in Wien
Out with the raspberry pi and miniPC nodes! And in with the unraidOS docker nodes running full power!
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/


ABA Banking Journal
What You May Not Know About the Beneficial Ownership Rule
By Chris Simpkins As the required implementation date of May 11, 2018, for the Financial Crimes Enforcement Network’s customer due
Anyone here using unraidOS
New year. New headshot. Who dis. 

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
🚂 "As is usually the case in a John Oliver monologue on rather niche public policy, there is one blaring fact that Oliver neglects to mention (or be funny about)"
My debut article in The Hill on the comedian's fails analyzing US freight rail policy
https://thehill.com/opinion/congress-blog/economy-budget/4367617-john-olivers-backward-solutions-for-freight-rail-fail-the-american-people/
🥪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:
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
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
Mein Artikel zur nächsten nuklearen Renaissance, verfügbar auf Deutsch...
„Eine nukleare Renaissance ist der beste Weg, um voran zu kommen“


EIKE - Europäisches Institut für Klima & Energie
Eine nukleare Renaissance ist der beste Weg, um voran zu kommen - EIKE - Europäisches Institut für Klima & Energie
Authored by RJ Roux & Yaël Ossowski via RealClear Wire, Jahrzehntelang haben die Früchte der Fracking-Revolution und unser neuer Status als wel...
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.
The anti-Bitcoin bias runs so deep in Washington, DC, many politicians and media are getting hoodwinked by fake news.
this time on Hamas and Israel – my article on The Blaze


Blaze Media
How politicians are using fake news to crack down on digital currency | Blaze Media
Elizabeth Warren and other critics seized on the October 7 Hamas attacks to crack down on Bitcoin. But the terrorists use cash, not crypto.
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
This public campaign to vilify energy producers ignores the reality that we rely on fossil fuels and need them to lead America’s energy transition, as they have for years now
my article in OC Register today
Legal attacks on fossil fuels will only make us poorer – Orange County Register
It’s time we pursue common sense solutions, rather than misleading the public with disingenuous lawsuits that won’t combat climate change, and ...
UAPs are real and the government knows all about them. Oddly enough, Congress is about to yield some answers
I posted my article on nuclear energy to the /r/nuclear subreddit and was immediately banned. It had over 40 upvotes and 6 comments before it was deleted.
My alleged offense? I was "promotiing competition" between nuclear energy and renewables.
lol oK boomer. Sticking to Stacker News and Nostr, thanks
article: https://www.realclearenergy.org/articles/2023/11/08/a_nuclear_renaissance_is_the_best_path_forward_991545.html
Rather than subsidize our climate future w/ foreign-made solar, wind, and batteries, what if we embraced next-gen safe tech that's the densest and most carbon-free electricity? What if we again champion nuclear energy?
Published this article on the benefits for nuclear power in RealClearEnergy
#nuclear #nucléaire #atomsforpeace #nuclearpower #energy
https://www.realclearenergy.org/articles/2023/11/08/a_nuclear_renaissance_is_the_best_path_forward_991545.html
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
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.