Proud to announce our investment into
@daocoalition!
@PacDao joins @Lobby3_DAO, @lex_DAO and @ATXDAO as one of the four Founding Members and a leading contributor to the organization.
https://t.co/WsFvU8Jkik
Idea: the entire crypto space should geoblock the US to their UIs, but link to that coinbase website to help you find your congressperson to talk to about bad crypto policy choices with
Sends a message
Absolute clown tier take.
They missed FTX, 3AC, Celsius, and LUNA and are now attacking @coinbase , likely the best actor in the space.
I couldn’t have hurt consumers more than the SEC if I tried.
@RepDanGoldman You’ve lost my vote and a lot others if you don’t fight this.
1/4
Heard from a friend that the rumors in the DC fundraising circles are that the Biden team wants to shake up some chairs/cabinet positions in the finance sector to take the heat for the economy before the next election.
Yellen tops the list.
The SEC is trying to ban crypto in the USA however it can, whether by enforcement or by rulemaking.
Today, @BlockchainAssn told the SEC that its proposed rule expanding the term "exchange" violates federal law.
Huge thanks to @mtcoppel for her amazing work fighting for DeFi 👇
Since the US has come after crypto:
• Hong Kong has legalised retail trading
• Europe has introduced a new MiCA framework
• UAE and UK are both pushing "Crypto Hub" narratives
• A16z opens a new London office
• Coinbase + Gemini have launched international platforms
• Russia's Sberbank is offering crypto trading
The great migration is upon us..
Representative Warren Davidson files SEC Stabilization Act to restructure the SEC and explicitly oust Gensler, citing "U.S. capital markets must be protcted from a tyrannical chairman" https://t.co/PJ39XOZXUT
The @SenWarren and @GaryGensler war against crypto is going to alienate an entire generation of would-be Democrats.
Winning the youth vote w/ "get out the vote" is key part of Dem playbook.
Dems believe the youth vote will carry the day.
1. Wow... The @SECGov under @GaryGensler has had over 25 instances in which the agency staff responsible for bringing & prosecuting enforcement actions had access to documents created by the staff responsible for advising the commission on how to rule on those enforcement actions
The CFTC just won a court case against a DAO and "as members" some founders are now on the hook for $643,542, and the DAO's websites and ops have been ordered to shut down.
Let's go into what this means for DAOs going forward
🪡👇
https://t.co/ssZ7zPAz1h
If crypto was useless and had no purpose then why wouldn’t Gary Gensler just ignore it and let it die?
The fact that they’re attacking so hard reveals the truth.
The banking elites are afraid of loosing control.
Freedom of speech.
Freedom to transact.
Freedom to remain private.
Freedom from unlawful seizure.
Crypto is the only way to preserve these in the digital age. A war against crypto is a war against our basic human freedoms.
So yes, crypto is the hill to die on.
We fight.