The DCCPA greatly threatens DeFi innovation.
The proposed bill:
- gives CFTC new powers to regulate spot markets
- forces human intermediation
- forces projects to sacrifice decentralization
It favors centralized incumbents and kills startups.
Alliance opposes the DCCPA. 🧵
DAO Reserves Update:
We've accumulated ~1.2M coreDAO at an average exchange rate of 1.09 DAI
This concludes the coreDAO accumulation for the DAO's needs
This is proof of my account ownership and participation in @0xPalladium.
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6719434e62206872f2eb72dd95f8a7a7a7f3fcdc411c7380eb6ac212ec6980b0
@thedefiedge @ralitza_iankova If you wanna keep your data to yerself instead of giving it all to a centralized entity, check out rotki on https://t.co/PsRn11NsBz
@ave_eli Also, Bigbrained peeps wanted for the upcoming dao. There's a truly backed floor for the coredao token(1 dai per token in the treasury) and it's sitting near that floor atm. Grab the opportunity and put the word forward to good peeps around you if ur feeling this
@ave_eli This really struck me as I've gone thru similar emotions being a $CORE maxi thru the bullshit market where hype crap pumpers steal the money from newcomer frens. Being true to your thesis can really be painful and socially isolating
@FroyoFren Looks good, I urge to also check out @0xRevert 's and @x3devships's $CORE ecosystem. CoreDAO about to get up and running in 48hrs. They're leading the pack as the first project that takes true defi values seriously
Hey @JustinTrudeau 👹….Are we allowed to help people pay for groceries who have had their bank accounts frozen?
Or would that make us a collaborator and have our accounts frozen too?
Never lived in a dictatorship before so not sure of all the logistics 🤔
Using “emergency” powers or laws to compel financial institutions to disclose customers’ private data and/or freeze their accounts—without probable cause, a warrant, or due process—is a monumental threat to human rights.