@BloomCapital_ too late. I fell into the bottom.

@RogueCfpb Don’t hate on Elon. He’s the best person America has.

☹️

RT @aidenybai: still can't believe .zip domains exist

@PhilipWegmann @russvought thanks!

@elonmusk @DOGE @USTreasury "Yesterday, I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number. If accurate, this is extremely suspicious." WHAT?????

@lendtek We know who made every other blockchain. The unknown for Bitcoin actually makes it riskier from the perspective of it being an investment vehicle.

The CFPB's existence doesn't personally bother me. My interest in the regulator is purely on Section 1071's small business lending data collection rule. I think that when the law was drafted there were some incorrect assumptions by the drafters about how small business lending worked. It seems they thought: (1) all small business lending comes from banks (2) business loan underwriting was the same as consumer lending (3) that business-to-business transactions were faceless automated processes. There was and continues to be no awareness that B2B is highly subjective, relationship-based, and inherently biased. Businesses get to decide what other businesses they'd want to work with for whatever reason they want. This is how B2B commerce has worked since the dawn of humanity. Further, having business owners self-report their sexual preferences so that the CFPB can analyze disparities is illogical. There is no test to determine what someone is or isn't and they can easily lie. Thus, one cannot draw conclusions or act on the data. Additionally, the issues raised by bankers with HMDA when it comes to making statistical guesses about the race or ethnicity of a borrower based on their surname, will make the CFPB's analyses even more useless. The CFPB is not at fault for the design since it was Congress that put this in during the hysteria of post-'08. I'm also not someone that stands to be personally affected by the regulation. However, I sympathize with the concerns of all the finance companies that do because it is very likely that a politically driven director will eventually take the position that it has the authority (and it doesn't) to levy a penalty for disparities it believes exist based on data that doesn't even make any sense. Many businesses have multiple owners. How does one assign a gender or an ethnicity to that? It is easy to conclude that the only outcome of these rules going into effect is that it will be used by an administration to attack finance companies it doesn't like. It will have zero impact on borrowing or borrowers.

RT @mattgaetz: Tokenization is going to overtake the U.S. economy. Cash is going the way of tbe beeper. I’m not suggesting in this post…

"I never thought about becoming a leader when I was a kid. I wanted to do some pretty simple things which I thought were simple at the time, which was I wanted to be a sailor, I wanted to sail around the world by the time I was 21." - Jack Dorsey

"Never go to sea with two chronometers; take one or three." - Satoshi Nakamoto in the Bitcoin source code

RT @BrantlyMillegan: new @efp app design coming soon, this is a profile page. what's your feedback?

@mikulaja very weird!

@innercitypress @MatthewLeeICP @sdnylive @joshrogin ??!!

So like what is happening at the CFPB now. The homepage renders a 404.

RT @VivekGRamaswamy: The CFPB is NOT funded by Congress but by the Federal Reserve, an intentional gambit by Democrats that allows CFPB to…

@shaunmmaguire whoaaaa