0xRob

Hodler

[Brian Armstrong @brian_armstrong]

Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.

Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and register" - we tried, repeatedly - so we don't list securities. We reject the vast majority of assets we review.
3. The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity.
4. This is why the US congress is introducing new legislation to fix the situation, and the rest of the world is moving to put clear rules in place to support this technology.

Instead of publishing a clear rule book, the SEC has taken a regulation by enforcement approach that is harming America. So if we need to avail ourselves of the courts to get clarity, so be it.

Btw, in case it’s not obvious, the Coinbase suit is very different from others out there – the complaint filed against us is exclusively focused on what is or is not a security. And we are confident in our facts and the law.

We'll get the job done. In the meantime, let's all keep moving forward and building as an industry. America will get this right in the end.

[Patrick Bet-David @patrickbetdavid]

Target loses $9B in a week after the introducing LGBTQ-friendly kids clothing.

Target stock down 12%
Bud light down 25%

Lessons for all Fortune 500 CEO’s & CMO’s.

1. Screw your ESG score. Instead, Focus on KEEPING your BEST customers happy.

2. You can’t please both the ESG community & your best customers at the same time.

Attempting to do so will cost you both.

3. It’s Time for the board to fire the CEO & the entire marketing team.

Not doing so will continue this downfall.

Here’s what Target’s CEO, Brian Cornell said even after the backlash:

“defending the LBGTQ-friendly merchandise was the right thing for society”.

Double dumb!

4. Bad ideas have consequences.

5. Capitalism works. Pandering doesn’t.

Either go into politics and sell your woke policies to voters or be a TRUE capitalist.

In capitalism YOUR BEST CUSTOMERS are your voters.

Not the .1% of your voters who complain and scream the loudest.

[0xRob @0xRob]

@patrickbetdavid @balajis 🤝

[0xRob @0xRob]

@balajis @patrickbetdavid @PBDsPodcast - could we get an episode with @balajis in the near future?

[0xRob @0xRob]

Not your keys, not you cheese 🧀

[Watcher.Guru @WatcherGuru]

JUST IN: Binance temporarily suspends all #Bitcoin withdrawals, citing "network congestion issues."

[0xRob @0xRob]

May the 4th be with you 🤝

[0xRob @0xRob]

📠

[Balaji @balajis]

I just burned a million to tell you they're printing trillions.

[Nathan Dahm @NathanDahm]

@budlight Does “TGIF” stand for “That Guy Is Female” for your marketing geniuses @budlight?

[0xRob @0xRob]

If you can’t tone it, tan it!

[Dave Portnoy @stoolpresidente]

It was a war but the transformation is complete.

[Elon Musk @elonmusk]

@APompliano More than triple that when you add social security, Medicare & govt pension obligations

[Patrick Bet-David @patrickbetdavid]

The last man who said a similar thing was “OJ Simpson”.

[0xRob @0xRob]

Trying to act surprised rn

[Watcher.Guru @WatcherGuru]

JUST IN: Crypto lender BlockFi is preparing for potential bankruptcy following the FTX collapse, WSJ reports.

[0xRob @0xRob]

@stoolpresidente Lost. Not your keys, not your cheese 🧀

[Hawks @NFTHawks]

You can inside trade but you can’t sell Monkey JPEGS

[0xRob @0xRob]

@APompliano #cobratate

[Elon Musk @elonmusk]

Fate 🖤 Irony

[Anthony Pompliano 🌪 @APompliano]

The lineup of guests we have for long-form interviews on the podcast through the end of the year is shaping up to be fairly incredible.

[Darius Dale @DariusDale42]

This was so dope!

That’s slang for cool, which is slang for good.

Enjoy! 🍦

[0xRob @0xRob]

@RealVision @42macroDDale @maggielake 📠