Sushi created a legal entity “to reduce liability” and then that entity and an individual associated with it got subpoenaed.
PSA: if there’s an entity, it’s not a DAO
Don’t let lawyers talk you into incorporation… unless you want to be a corporation.
When your competitor industry gets hit by liquidity crisis, government intervention is "crony capitalism".
When your industry gets hit by liquidity crisis, government intervention is "supporting innovation".
False idols & make-believe enemies.
A tale as old as time.
SVB was just a badly run bank that went bust. Happens all the time.
What's special about SVB is that many influential people banked with them, and are now lobbying for special treatment.
Let's hope our system is fair.
$MSFT CEO in an interview with @reckless talking about Google's likely response to the new Bing:
"...they will definitely want to come out & show that they can dance. And I want people to know that we made them dance & I think that'll be a great day"
[@verge]
Visiting space aliens, upon seeing humans oppress — or kill — one another over who they worship, who they sleep with, what side of an arbitrary line they’re born on, or how absorptive their skin is to sunlight, would surely race home & report no sign of intelligent life on Earth.
A reminder that law enforcement *responds* to crime, but a living wage, food and water security, accessible healthcare, and public education *prevent* crime.
If you want safer communities, invest in people, not punishments.
Chicago's four local nuclear plants are cranking out immense power, taking care of Chicago while helping support the surrounding areas.
They sit on about 100 acres each. They're running at 100% power in these dark frigid days. They'll last 80+ years.
The energy of the future.
There’s a video circulating of CZ where he says ”we are financially strong, we’ll let the lawyers handle it” to whether they could handle a $2.1bn withdrawal.
That vid is about if FTX’s liquidator would clawback funds Binance got from the FTX buyout. Not customer withdrawals.
Global coal consumption will hit an all-time high this year, says the @IEA 🌎 ❤️ 🪨
💰 “High natural gas prices led to significant fuel switching to coal in electricity generation in Europe”
🏭 Coal demand expected to remain at similar level for years
https://t.co/vDR52udN5Z