🚨Introducing the Financial Innovation and Technology for the 21st Century Act. This bill establishes a regulatory framework for digital assets, protects consumers, fosters innovation, and positions America as a leader in finance and technology. #crypto https://t.co/0ihzY3MP0k
Just had a fascinating discussion with @BowTiedMara about on the ground reality in Argentina.
No one uses Yuan despite new Yuan account option. And everyone saves in USD.
Best line of the day was “It’s easy to be a socialist when you live in a capitalist country.”
As President, I will restore America as the global example of health & well-being. Not through pills or syringes, but through character and self-discipline. And I will continue to walk the walk and lead by example. #Kennedy24
.@Grimhood is <200 followers away from a much deserved 100k
If you’ve learned anything from me in the last few years, I promise you will learn 1,000x more from him - give him a follow
Grim is a true pioneer in this space and doesn’t get half the credit he deserves
We dedicate a total of one day for vets who died in outrageously painful wars.
Meanwhile we dedicate a whole month (8.33% of the entire year) to <1% of the USA.
Brave = the people who died.
Underrated: survived down markets by selling early and not holding assets though -70% drawdowns.
Never had a 100x, never had a "home run" but understand survivorship bias - ignore 'stories' of the one guy who did rags to riches on some risky memecoin or option.
Hit singles.
New CBDC Watch out now
Be ready for big headlines on CBDCs in the second half of this year..particularly in the month of October and Q4 in general
Coverage this week on Samsung involvement in CBDC developments, India, China, and US updates.
Paid post!
Do not be this person
Understand CBDC and the issues ISO 20022 brings (the base layer of FedNow)
ISO 20022 will be used to establish a common language and set of rules for financial institutions and messages to build for CBDC. ISO -> CBDC
Thanks for the tag @ExistenceStudy
CBDC Wallets available in your App Store today
Digital Rupee, eNaira, Sand Dollar, and Digital Yuan (eCNY)
Soon to see Digital Dollar, Digital Euro, and Digital Pound
Are you seeing it now?
People paying attention to people like Ben and Raoul when they demonstrate absolutely zero understanding of anything below the most superficial parts of this stuff will baffle me until the day I die
So, another day, another piece of draft legislation on crypto. This one is from NY Attorney General Letitia James and represents an effort to create a regulatory framework for crypto in NY state.
Let’s dive into what the bill actually does. Thread.
https://t.co/Nih2MkcdFg