The Senate passing a CRA overturning SAB 121 is a win for financial innovation and a clear rebuke of the way the Biden admin and Gary Gensler have persecuted crypto.
It also marks the 1st time Congress has passed standalone crypto legislation.
We are just getting started.
Paul Krugman @paulkrugman wrote in 1998, “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”
GM
It’s the first day post Bitcoin halving.
The Halving Block 840,000 was one of the most valuable blocks ever, worth $2.6M in total fees + block rewards.
Here’s what made this block worth multiple millions:
>Everyone posting muzzle devices
>Me, a hack blogger who goes to the range multiple times a month with multiple different review guns and, consequently, probably doesn't have over 3,000 rounds through any one particular gun I own
@adamscochran@ebrocketh Didn’t Elon order pineapple pizza on Rogan’s podcast a few months ago? I mean, with anchovies, but 13ish years later it seems like jalapeños are a natural evolution.