John Turack || Drago.XRD

Crypto-enthusiast since 2013, TX Attorney, US Marine.
Informational content only, not legal / financial advice.
Not your lawyer.
𝗠𝗠

[Alex Hormozi @AlexHormozi]

You cannot wish for both strong character and an easy life.

The price of each is the other.

[U.S. Marines @USMC]

Happy 250th, America!

Celebrating 250 years of independence and the enduring ideals of liberty, opportunity, and justice that shape our nation.

Since our nation's founding, Marines have upheld these ideals around the world, serving with honor, courage, and commitment.

Today, we honor the freedom they defend and the nation we’re proud to serve.

#July4th #FREEDOM250 #USMC

[Black Rifle Coffee @blckriflecoffee]

Sound on!

The Greatest Rendition of the Star Spangled Banner

Feat: The worlds largest towed American Flag 🇺🇸

#Americarunsonfreedom

[Benny Johnson @bennyjohnson]

We wept bitterly putting this together...

Charlie Kirk did not fear death. Charlie told us what his legacy would be. Charlie's greatest passion was his faith in Jesus Christ.

Just hours before he was assassinated, Charlie stood on stage, openly proclaiming his love for Jesus Christ. Unafraid, unwavering, and full of conviction. He lived every moment guided by that faith, and in the end, he was taken home by his Savior.

Charlie is a true Christian martyr.

His example is not just inspiring, it is a call to all of us. To stand firm in our beliefs, to shine light into darkness, speak truth and to live boldly in our faith. Charlie showed us what it means to live, and die, with purpose.

This is the legacy he leaves...

[John Turack || Drago.XRD @JohnTurack]

The actual text: "All persons born or naturalized in the United States and subject to the jurisdiction thereof are citizens of the United States and of the State wherein they reside." @kwelkernbc Although you may have lost sight of this during years of twisting them, words have meanings, especially in the law. When quoting the supreme law of the land, I expect a qualified journalist to neither rephrase nor rewrite. If you can't properly quote it, then do not quote it at all.

[John Turack || Drago.XRD @JohnTurack]

@fuserleer

[John Turack || Drago.XRD @JohnTurack]

This will likely be a theme in Milwaukee in a couple of days

[Dylan Wynkoop @DWynkoop]

@JeremyDBoreing Two things with the same energy:

[Jrag.eth @Jrag0x]

I am one of the SEC lawyers that resigned today.

I joined in 2023 and was in charge of leading the SEC meetings with ETH ETF issuers.

My job was to stick my fingers in my ears and scream loudly every time they asked us how to make their application compliant.

[John Turack || Drago.XRD @JohnTurack]

@radical_robos Was there an escape?

[The Klein Universe @Klein_Universe]

https://t.co/HRn8wlyi2d

[John Turack || Drago.XRD @JohnTurack]

@Gaffney_Thomas5 Sounds like solid capitulation. 🥳
But sad to see you leave...

[The Figen @TheFigen_]

One of the most important things in life
is to find a soulmate you will enjoy being with ...

[Richard Heart @RichardHeartWin]

Lawyers. Everything you thought you knew about #cryptocurrency and the #blockchain is wrong. The laws regarding what you possess and what you know are wildly different, as they should be. You can't possess a cryptocurrency, it's not possessable. When someone steals your purse, you don't have it anymore, they do.

When someone steals your private key, you still have it. Because a private key isn't something you have, it's something you know. How many millions of people have written their seed words down somewhere. And how many of you millions have proof that no one else's eyes have seen the light reflected off that page?

Every law that treats cryptocurrency as something you have instead of something you know is deeply flawed. Blockchains are about knowledge, not possession. It is fact. It is provable. It is obvious if you do the math.

Here's 12 seed words from the BIP 39 word list that most "wallets" use to generate addresses:

like february unaware banana paddle excite vanish secret under lounge rich fan

If someone assigns value to an address derived from those, do you in fact have dominion and control, because you read those words? Do you not, in fact, have the same exact dominion and control as thousands of others now? Here's a funny one. What if someone assigned value to an address that is 2,000,000,000,000,000,000,000,000,000 deep in the derivation. Could you have possibly even known the value was there? It's computationally impossible to monitor a blockchain for all the possible addresses whose value your seed words might unlock.

Thus, you can't even actually know what value a seed word might have, for you can't actually know the near infinite addresses it could access that could have value. And good luck trying to check again every 10 seconds a new block hits. Here's another funny party. You can even derive new addresses from your seed words using different derivation paths, so there's not just one address set.

In summary. In cryptocurrency and the blockchain, there is no such thing as possession, there is only knowledge. Thus, the laws that best fit are not those concerning possession, or custody, but those that concern the creation and dissemination of knowledge.

If I see that someone has scratched your back, and you know feel obligated to scratch theirs, because you're a good human with the emotion of reciprocity, am I a money transmitter because I witnessed it and would testify to it? Was not value exchange or created? What rules should govern the witnessing and professing of truth?

I hope I can educate everyone about this world changing computer science breakthrough that makes truth and it's publication and verification more affordable, free and open than in any other time in the history of man.

I pity any man who would stand in the way of technological progress, or worse, attempt to harm those making the world a better place. History has not been kind to such small men. There's a brighter future in store for us all, because of technology and in spite of those that attempt to stifle its progress.

bip39 word list: https://t.co/cTvufljAmV

TLDR; Cryptocurrency is something you know, not something you have. A crypto wallet is a keychain, it doesn't hold money it hold's keys. When you "transfer" crypto, you didn't actually transfer anything, the things are still right where they always were. Years of wrong thinking about mathematical fact needs to be amended in the halls of power. The job of an educator is a wholesome one.

[John Turack || Drago.XRD @JohnTurack]

Go check out what my friend CALA and the rest of the team has been cooking up while waiting for today's Babylon migration on #Radix

[UniX 🌐 @unixsocial]

🌐Welcome to UniX - Where the future of social meets Web3!

✨A space where privacy is paramount, transparency is key and you are in control!

🔗Stay tuned for exciting updates and join us as we shape the future of social media: https://t.co/LcVqQ4MOqr

#Web3 #Radix #RunsOnRadix

[Thomas Gaffney @Gaffney_Thomas5]

Hey #Radix fam!

If you haven’t already and want to help a brotha out to reach 1000 subs on my YouTube channel by the end of 2023, come check me out!

And smash that sub button! 😎😎

Trying to educate the world on $XRD projects!

https://t.co/9sZnJ1gK3M

[John Turack || Drago.XRD @JohnTurack]

Marianne Bechara, Senior Counsel at #IMF, just stated from the stage at #Consensus2023 that regulators should be familiar with the industry they are trying to regulate. Looking at you, @GaryGensler

[Peter St Onge, Ph.D. @profstonge]

New housing rule to cost $14,000

[Project Kyzen @projectkyzen]

⛩️⚡️ Kyzen is back online ⚡️⛩️

I found, Byte, a Hacker who managed to bring Kyzen back online. Now we need you, all of you to spread the word.

Like & RT this tweet for your chance to win a gaming laptop or 1/5 K.R8Z T&Cs apply, see link in profile. #ProjectKyzen #promotion

[John Turack || Drago.XRD @JohnTurack]

Thanks to @FoundersKeyIO, @impact_theory, and @TomBilyeu for the Founder's Key airdrop of a Legendary Jump Token, enabling me to create my custom @projectkyzen avatar. A beautiful launch and I'm excited to see what lies ahead! #ProjectKyzen #WeAreKyzen

[Jason Gottlieb @ohaiom]

I have a solution for this problem! Make clear rules that people can follow!

Most people are NOT scofflaws. Most just want to build in crypto, legally. And then they find out that, according to the SEC, there's basically no way to do that.

https://t.co/eubCVwriFv