@0xMutopia With an over subscription of this size,what mechanisms are used for weeding out the bot wallets or mega whales from getting over allocated ?
@duonine@megaeth A lot to say of the hype but the @megaeth $MEGA raise method seems to be a great go to market strategy.. hopes are high for project output :)
The Cost Of Our Inheritance: A Generation's Vision For Ethical Money
One of the most personal and important keynotes I've ever given on broken money, generational injustice, and Bitcoin as our moral imperative.
The future isn't something we wait for, it's something we build ✊
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.