When #Bitcoin is down 62% & #Ethereum is down 68%, your coin might be down too. Remember when I called the top publicly years ago? Remember when #ETH dropped about 95% from around$1500 to $80 in 2018? Now it's $1600. How much did you load up on that 95% dip? You'd be sitting at 20x your stack now, even AFTER the 68% dip from $5,000 to here. Ask yourself, who were the people selling back then, and who were the people buying? Every trade has a buyer and a seller. Remember, I bought Bitcoin back when it was $30 and it went right down to $2 shortly thereafter. Now it's $26,600. Cryptocurrencies have done 90%+ dips over and over, it's not new.
Attorneys. Richard Heart is here to help. Regulatory agencies must consider all relevant comments. “Consider” means more than you might think. They must explain, in writing, what they relied on, a reasoned basis for such, and they must not have failed to consider any important aspect. If they don’t, they can be found “arbitrary and capricious” by the courts and their rules undone. Substantive, relevant comments lead to better rules, or no new rules, as it mandates regulators do a better job. Basically, if you make a relevant, substantive comment, and they don’t respond to it, it can invalidate the rule they made.
Now that AI exists, it’s easier than ever to verify your comments are relevant and substantive. I've seen anonymous comments submitted by webform in the official record. Google it.
Furthermore, the courts might find that the agency didn’t provide you with good enough reasoning in their proposed rule for you to even make reasonable comments about, which is a different type of APA violation. Basically, the APA has lots of rules the agencies must follow, to the letter, or risk being overturned in court. Smart lawyers are referencing those rules in some of their comments. I’ve heard that by making more obvious the deficiencies in the agency’s notices, that if they make a bad rule final, that it might be easier in court to have it overturned. As you can show the judge what they ignored, what they violated, what they didn’t reason about properly, what they failed to disclose, etc. Then it’s easier for the judge to rule against them, as the agencies violations are made more obvious. Here’s an example of such a comment: https://t.co/7U2jKOkKS7
Citations: Section 553 of the APA (5 U.S.C. § 553)
Motor Vehicle Manufacturers Association of the United States, Inc. v. State Farm Mutual Automobile Insurance Co., 463 U.S. 29 (1983).
I’m not an attorney, but I’ve been told I’d make a good one. This is not legal or professional advice of any form.
WRITE SUBSTANTIVE, RELEVANT COMMENTS. BEFORE THE DEADLINES.
A wise man once said that it would take “50 weeks to shake out the weak hands”
#PulseChain is now at week 17 (day 122)
I know I’ll be here 33 weeks from now
Will you?
$HEX
Join me and @hexfireio tomorrow (Friday) at 5pm ET! Looking forward to this livestream to discuss $HEX and all the data and analytics from the smart contract. Let’s nerd out. 🤓 See you there!