Edouard Cussinel

Decentralize everything, headhunter blockchain/crypto/fintech, founder father, husbie, cleaner of beaches.

[Edouard Cussinel @ecussinel]

@JonPegasus @JakeWSimons Vas te faire foutre

[Edouard Cussinel @ecussinel]

@jameslavish 🤡 How's her son's portfolio doing🤣?

[L0la L33tz @L0laL33tz]

Three weeks ago I wrote an article on the EU's new AMLR in @BitcoinMagazine, detailing how the EU passed ALM laws restricting the use of Bitcoin privacy tools without any data to back up their claims that privacy heightens money laundering and terrorist financing risks.

@StachAlex took it a step further and ran the numbers. For every Euro confiscated, 200€ are spent. This means that the EU's AML compliance costs of 144B Euro exceeds all money ascribed to crime per year at 110B Euro – and still, 99% of criminal profits escape confiscation.

Despite their absolute inefficiency AML laws continue to be expanded, subjecting all EU citizens to total financial surveillance for the price of catching 1%. It is a system that has grown completely out of control and is in no way proportionate to the right to privacy enshrined in the Charter of Fundamental Rights of the European Union, the UN's Universal Declaration of Human Rights, and the International Covenant on Civil and Political Rights.

It's a long read, and its in French so you'll need to translate it, but I guarantee that it will be worth every minute of your time.

BM article:
https://t.co/uAsazLMq0U

Alex' article:
https://t.co/kVEIqeC3Bf

[The Ricky Gervais Clips @gervaisclips]

This isn’t just funny, it’s the truth.

[Tuur Demeester @TuurDemeester]

@ecb Here's what you folks at the ECB wrote in Oct 2012: "In an extreme case, virtual currencies could have a substitution effect on central bank money." — Since then, the bitcoin price has risen 5,700-fold against the euro. https://t.co/RlZGdItsUP

[Adam Geringer @GeringerAdam]

I want to clarify why I think the labor dynamics in tech are beyond fucked

Everyone wants to hire a an amazing engineer or salesman, but they've been out of production since March 2020.

Most of these layoffs and "firings for performance" people are young laptop americans. It makes sense. Spending the majority of your career doing zoom and slack robs you of proper monkey see monkey do learning.

The best periods of my 6 years in ML were spent in the lab or irl with leaders on a daily basis. Most of my corporate life has been zoom and slack. There is absolutely no behavioral learning going on in these environments. It's just camera on, show time

That's not to say I'm anti-remote work, I just think its toxic for early career development.

I heard this idea first from one of the founders of a previous employer. It's clear industry leadership knows this is a problem.

We always talk about how far behind students fell in math during covid. But do we just assume the fallout ends at 12th grade? Realistically the most important learning is early career development.

The only people I know who have had normal career development in this time are people who worked irl, most notably the trades or really big companies. They work under the supervision of an experienced superior who wants them to succeed and grow.

Most of the managers of young laptop americans are only a few years older. They mostly became managers during the covid expansion. They're just as insecure about not knowing how to do their job. They can't lead, they cant nurture, they cant establish development milestones. Especially through zoom!

Crafting talent is an art form that hasn't been handed down to them. But tech talent is fairly commodified now. "Why build when you can buy?" so they play a game of cronyism or panning for gold, trying to find talent to manage.

But the problem is I don't see that problem resolving itself. Especially not with the current glut of workers accustomed to working from the poolside.

Simply, the overseas tech workforce has gotten stronger while we have fallen behind. Most of them have not been wfh for the past 4 years.

On top of that LLMs have basically automated tech work first -- the economic incentive to replace high paid employees is obvious. Tech jobs like writing documentation, commenting code, light debugging, reviewing PRs, and automated QA testing are almost completely exposed to replacement in the next 5 years.

It would be one thing if we were all in this together, but the market dynamics make me think it's a lost cause.

[Edouard Cussinel @ecussinel]

@miamisanti @ramahluwalia Thanks Santi, much appreciated

[Edouard Cussinel @ecussinel]

@miamisanti @ramahluwalia There does not seem to a a NO option on the releases. So basically we just don't tick the YES box and that's that?

[Neeraj K. Agrawal @NeerajKA]

The Digital Asset Anti-Money Laundering Act is a direct attack on technological progress and also a direct attack on our personal privacy and autonomy.

Make no mistake, while proposed as a solution to potential money laundering and terrorist financing, the bill is in fact a repudiation of liberal values and a move towards the types of surveillance and control prized by authoritarians like Vladimir Putin, Xi Jinping, and Kim Jong-un.

Unfortunately, the bill cannot be improved; it can only be opposed in its entirety. Coin Center will do everything in its power to protect the rights of Americans and defeat this unwarranted attack on individual privacy and autonomy.

[Sean Adams @seaninsound]

Every. Word. Of. This.

👏 @GeorgeMonbiot

Never heard an applause like this on #bbcqt either.

[UnHerd @unherd]

I called a balding, bearded male a “man” on French TV — and now I’m being sued | @doramoutot https://t.co/r7l6vHWlEA

[wishful_cynic @EvgenyGaevoy]

Rant time.

One thing I find curious is that everyone is boggled down in trying to defend tokens from being (unregistered) securities.

Meanwhile maybe it is the securities laws that we are ultimately finding inadequate (without admitting to ourselves)

[Scott Galloway @profgalloway]

https://t.co/Nk3NDtSFvn

[radarboy3000 ⚫️ @radarboy3000]

Music for Blockchains is a constantly evolving #generative audio artwork that reacts to and grows with #Bitcoin. A perpetual ambient music & generative art machine turning the latest BTC hash & price into art & audio.
Now minting: https://t.co/DrnpC9ZSY8

#ordinals #audioNFT

[Edouard Cussinel @ecussinel]

@AvaSantina It's the extra cost on a deposit

[Daniel Batten @DSBatten]

This is one solid rebuttal

https://t.co/4mYQTHPfaR

[Jason Deane @JasonADeane]

Thanks to the work of @DSBatten (& others) these repsonses to one-sided MSM #bitcoin stories are produced consistently & succintly. Our job is to make them as widely available as possible.
If you're a #bitcoin-er read & RT https://t.co/0WE42G88iC

[zk-🦈 @ZK_shark]

The below clip is from a Fall 2018 Graduate MIT course called "Blockchain and Money"

Gary Gensler - the current President of the SEC, was the professor.

The Hypocrisy speaks for itself 🐀

"So we already know in the US and in many other jurisdictions that 3/4 of the market are not ICOs or NOT what would be called securities, even in the US, Canada, and Taiwan, the three jurisdictions that follow something similar to the Howey Test that we've talked about. 3/4 of the market is non-securities. It's just a commodity, a cash crypto."

[sassal.eth/acc 🦇🔊 @sassal0x]

Gary Gensler getting grilled on whether he thinks ETH is a security or commodity

Enjoy

[James O'Brien @mrjamesob]

It’s a mark of how far we’ve fallen that the failure of idiots to do more idiotic things is now worthy of celebration. It’s not even good stuff. It’s just the avoidance or postponement of bad stuff… https://t.co/2hhuQKuC6k