Friendly reminder that individuals with access to an aggregated p2p secured microlending marketplace that uses distributed ledgers and smart contracts for the accounting and automation, respectively, and an aggregated p2p spot trading market allows for individuals to create the equivalent of leveraged products. Each of these actions are normal and independent commercial actions that have little to no restrictions in private markets. (One restriction would be interest rates on private loans.) However, some people would have you believe that persons creating web portals and computer programs that combine these multiple steps into a single step and allow other persons to use this automation product for free to hold these leveraged positions should be regulated. Note that a leveraged position by a person can be represented by a token which is essentially a unit of accounting for the combination of both the aggregation of loans and the aggregated collateral for securing the loans. Furthermore, if an aggregated p2p marketplace allows persons holding such leveraged positions via tokens and aggregates the bids and asks of said tokens (which is nothing more than aggregated loans and the collateral for the loans) and then freely publishes these messages in an order book on a digital public message board, then these same people believe that the p2p marketplace and its developers or website hosters, even when no one is directly profiting from offering the product, should be regulated. 🤯

RT @Aleph__Zero: ⚡️ With onboarding new developers, rewards programs, growth in AZERO account creations, and more info about Common, a lot…

@binji_x Make privacy native.

RT @CampbellJAustin: Let me assure you, as someone who has been fighting the debanking issue for two straight years now, this is not true.…

RT @naomibrockwell: Choosing privacy is a vote for a future where our rights are protected, not stripped away. When people say“I have nothi…

RT @CampbellJAustin:

RT @Rothmus: Charity is not the job of the federal government.

RT @itsolelehmann: Everyone says Europe can't compete with America in tech. But 48 hours ago, Mistral's 'Le Chat' just proved them wrong:…

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…

RT @TexasRepublic71: DOGE found a dozen people receiving Social Security at 150 years old.

RT @nic__carter: you are a bank. you want to open an account for a crypto exchange. you inform the FDIC. they hit you with these few and re…

RT @JohnEDeaton1: SOMEONE BOOK BILL AND ME ON A SHOW TOGETHER Facts: Hinman, connected to ETH in significant ways, including making mill…

RT @martypartymusic: Breaking: US Fed puts out their 2025 monetary policy report - juicy - they announced they are ending Quantitative Tigh…

RT @alice_und_bob: I just realized that @paritytech is preparing one of the craziest stunts in blockchain technology and no one, not even o…

RT @jameslavish: Good afternoon. The Bank of England is currently struggling to meet demand for deliveries of over 8,000 gold bars due to…

RT @yannvon: Our paper demonstrating that Ethereum validators can be deanonymized has been accepted at USENIX Security 2025! The P2P netwo…

RT @Cointelegraph: 🚨 LATEST: The SEC has acknowledged an amendment for Nasdaq’s 19b-4 filing to allow in-kind creations and redemptions on…

RT @Cointelegraph: 🚨 JUST IN: Tornado Cash co-founder Alexey Pertsev has been released. “Freedom is priceless, but mine cost a lot. My fi…

The risk isn’t in allowing assets that are overcollateralized to issue tokens pegged to some value (in this case usd). Instead, whatever assets that are used as collateral need to have sufficient liquidity and mechanisms in place to handle black swan events. Redemptions and shoring up protocol debt/insolvency by printing more of an already illiquid asset causes the problems. But, something like the original maker / dai protocol (ignoring the use of USDC as collateral for the protocol which creates protocol risk due to centralized blacklisting that could happen) works great! A fully permissionless stable with a privacy component would be a cypherpunk’s dream.

RT @EleanorTerrett: 🚨NEW: The @CFTC is planning to hold a CEO Forum to discuss the launch of the agency’s digital asset markets pilot progr…

You have two sets of people in crypto (with varying degrees overlap): 1) the ideologists / cypherpunks who understand the origins of the community and know what the technology can do if adopted and 2) the degenerate gamblers in the crypto casino. With respect to 2), whether it was the some pow bitcoin fork that was posted on bitcoin talk back in 2013 by the dev coin mills pumping out a new fork or the memecoins launched on pump today by similar groups, the game is much the same but the players are different. With 1) there are more developers and teams who have joined this space specifically for these ideological reasons and not for the crypto casino grift. We are here; you just have to know where to look.