Chief Legal Officer @playdubbz | Focused on all matters related to Tech, Business and Law | Blockchain × Fintech x Gaming x Al x Crypto x DeFi x Metaverse × NFT
If you think a certain $$ amount will make you "complete" read this.
This last year
-Bought a $600k+ car in cash when I was bored on a weekend
-Took a few vacations, private the entire way, about $150k-$200k each
-Moved into a 14 million $$ giant penthouse
I have driven the car like 3 times. I found the vacations barely tolerable after a few days. I like my house but I truly feel no big difference from it.
Why I share this with you. The above is near the pinnacle of how you can live $$ wise.
YET I STILL literally am only really happy when I am
-Building stuff
-Lifting/doing combat sports
-Eating right
-Progressing in hobbies (like guitar)
-In a good place with my wife
-Playing a good video game (If I'm being a piece of shit..I try not to do this..it ruins your head)
And following a routine that lets me do those things.
In short EVERYTHING I ever needed to be happy I had access to at the entry level of my career.
And there has been virtually nothing I can buy to increase it or have an elevated life experience.
It's not that I am some simple guy who like the little things in life.
It's truly just that WE (you and I) have no where to "escape" or "get to" to in life that will make you finally "good".
There is no destination where your "perma happy" and everything is good.
If anything the best that destination will ever be is doing a similar routine/list to mine above on PERHAPS a bigger scale.
AKA building bigger stuff, excelling at your hobbies/things you enjoy more.
Simply put : The things you need to be good are likely already fully available to you.
One of them likely being working on something your excited about.
SO what you should REALLY focus on is not where the "work" is taking or WILL take you, since the only goal is to keep being able to work...
AND MORE so focus on max enjoying your basic things and maximizing them.
MOST people spend their life NOT enjoying/sacrificing thinking they will escape pain and boredom at a certain destination AND OR that becoming turbo wealthy will give them this.
The truth is once base needs are covered you can't get happier or more fulfilled. Your capped.
You can get small boost and highs. But more or less your capped and the things you already like doing are already the things you need to be happy.
This is not me saying "don't get rich or spend money".
Its just me saying you might as well enjoy where you are right now because its pretty much as good as it ever gets if your achieving your simple list like mine above.
The point of the work towards a goal is the work. You can't work your way to happiness. Your life experience is already LIKELY near maxed if your doing the basics of healthy living and mental well being.
Paul Atkins' nomination as SEC Chair is a huge win for financial innovation. President Trump promised to have the most pro-digital asset admin in U.S. history, and I am looking forward to working with both of them to promote innovation and make our economy strong again
Blackrock has been buying insane amounts of ETH off market.
Just like they did Bitcoin.
And just like Bitcoin this won’t immediately affect the price.
It will soon tho. Eth is going to rocket in the same way.
Yesterday @SECGov filed eight-one pages of arguments that secondary trading of BNB and ten other tokens triggers liability under Howey. But do they offer ONE WORD explaining how this same bogus logic somehow avoids ETH? Or BTC? Nope. Because they can't. 1/3
Gary Gensler’s anti-digital asset reign at the SEC will officially end in January. This is welcome news for the digital asset industry. I’m hopeful the next SEC Chair will follow the law and not try to stand in the way of financial innovation.
Rumor is Eth 3.0 announcement this week will be a second merge into a new consensus targeting 1 second block times, SSF and native zkEVM.
Native zkEVM in particular is huge. The gas limit can be eliminated entirely. Builders can build arbitrarily large blocks, since nodes only need to verify the snark. The only scaling limit left would be bandwidth.
From a certain perspective this basically eliminates the need for rollups entirely because the L1 would have arbitrary scalability.
$ETH ETF broke above the listing vwap for the first time and outside of the range.
I imagine some tradfi retail types could be looking at this as an early opportunity get long while keeping in mind the success of $IBIT
Everything has changed. I added some today.
Imagine how much we are going to accomplish in the next 4 years now that the crypto industry won't be hemorrhaging $ billions on legal fees fighting the SEC and instead investing this money into building the future of money. Amazing awaits.
Welcome to the new members of America's most pro-crypto Congress ever... 219+ pro-crypto candidates and counting have now been elected to the House & Senate.
Tonight the crypto voter has spoken decisively - across party lines and in key races across the country. Americans disproportionately care about crypto and want clear rules of the road for digital assets. We look forward to working with the new Congress to deliver it.
Thank you to everyone who stood with crypto today. We did it! #StandWithCrypto
I hope @SECGov understands what has happened tonight. On many, many issues, the voters said loud and clear that they want change. Crypto is no exception.
Stop suing crypto. Start talking to crypto. Initiate rulemaking now. There's no reason to wait.
Immutable has received a Wells notice from the SEC, the latest in their de facto policy of regulation by enforcement. We received this within hours of our first ever conversation, on a timeline clearly accelerated to land before an election.
Sadly, stories like this are becoming less surprising each time. We’ve seen an increasing number of companies like @Coinbase, @Consensys, @Uniswap, @OpenSea, @cryptocom face SEC escalations, many in the last two months. With this latest move against Immutable, the SEC’s overreach continues and expands into gaming.
Immutable is well capitalized with a large war-chest to build for the future of gaming, and if needed, we will stand up and fight to defend digital ownership for gamers. But the SEC’s approach hinders every startup trying to innovate in an already difficult industry. Read our full statement here: https://t.co/PUD1Ef3CdK
Under the current administration, the SEC has filed (and lost) a string of lawsuits, seeking to regulate crypto via enforcement rather than policy.
Last year, Ripple won a “landmark victory” where Judge Torres found that XRP was not a security. After publicly stating Ethereum was a commodity, the SEC secretly opened an investigation into ETH. They shut this investigation down after Consensys sued them to defend Ethereum’s ecosystem in June of this year. Last year, Grayscale sued the SEC to open the floodgates for institutional adoption of crypto. They won, with the court finding the SEC’s denial of Grayscale’s proposal "arbitrary and capricious.” In recent weeks we’ve seen the SEC’s overreach continue to expand with the livelihoods and freedoms of musicians, artists and other content creators now under threat in light of the SEC’s move against NFT platform OpenSea.
The industry desperately wants clear guidelines for compliance, and instead companies are forced to spend millions of dollars in legal fees to even get off the ground. At the end of the day, this hinders the many companies in crypto trying to build real products.
Immutable has been building since 2018 to bring digital ownership to the $110B+ of in-game items sold each year - we are not here to play short-term games. It’s business as usual for our team, products and services. We are confident in our position, in the value digital ownership can bring to 3.1 billion gamers across the world, and in the power of blockchain to create a better internet. If required, we will fight for these rights, and those of our industry, vigorously.
In the words of dissenting commissioner Hester Peirce: “Leaving crypto to be addressed in an endless series of misguided and overreaching cases has been and continues to be a consequential mistake”.
Until that changes, we will fight for game developers, players, and creators for digital ownership.
And we will keep building.