I read all 303 pages of the ROAD to Housing Act. The institutional investor "ban" has 11 exemptions, a 60-day compliance out, and a REIT carve-out. Oh and there's a
federal CBDC ban buried on page 302 of a housing bill. Full breakdown:
@JoelKatz@TheTonicShelf@TheCryptoDog โTrust lineโ โtrusted partyโ. Trusts can be really great structures and most easily set up before huge valuation increases. How far away are we from your trusted third party being an ai agent with tighter agency alignment issues beyond what a human attorney and cpa already offer.
As of today, letโs assume 99% of all code written on the internet is still human written and 1% is agentic.
That means 99% of code is sloppy and error ridden. Humans make errors that agents donโt.
As agentic code replaces human code, both the error rates and security incidences will GO DOWN.
There will be new forms of attack vectors by swarms of agents but I would not shut down the internet because of that because companies will have sophisticated swarms of agents to protect them.
If everyone uses commercially available open or closed source models, a stalemate is the most likely terminal outcome.
That said, the immediate priority is obvious. We need to rewrite all the code in all the enterprises. Period. Non negotiable.
So letโs get on with it, close the security holes and flip to a 100% agentic code universe which, still may not make useful or tasteful products, but at least wonโt have the errors that humans leave behind as we work.
๐จ @UpholdInc cuts 17% of its workforce while simultaneously announcing plans to expand into tokenized securities, asset-backed lending, prediction markets, and $XRP DeFi.
Short-term pain for long-term conviction.
Read more here: https://t.co/JFk1We9JTH via @CoinDesk
@ozymandias_jk@uguraktan this is the opposite of how Spain attacked France up one goal yesterday with classic Barca suffocation through possession over the full field. Sunday should be fun... Spain seems up for the challenge tactically.
benjamin franklin would publish a provocative letter in his own newspaper under one fake name, then rebut it under a different fake name, then charge philadelphia to watch the fight. he invented engagement farming, owned the platform, and kept the revenue. a complete poster
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The data presentation showing a chart with one blip is seriously problematic. They should show the entire log of touches from the kick through the goal so you can see each touch.
Data transparency so outsiders can replicate analysis goes a long way to create trust in technology.
Only a low IQ non-technical person thinks that a wireless sensor inside a ball with a shitty polling rate that is kicked around for hours is precise enough within low millisecond range to register a string of hair on the ballโs surface, yet magically immune to the pressure wave of someone missing it by 2mm and do all of this over the air in real time across hundreds of meters.
It's an accelerometer. It picks up vibrations and pressure changes from EVERYTHING nearby, even it hitting an insect in the air, then FIFA decides which spike counts as a โtouchโ.
According to the Laws of the Game a red card via VAR can only be handed out for:
* Denial of an obvious goal-scoring opportunity
* Serious foul play/reckless challenge
* Violent conduct, biting or spitting
* Using offensive, insulting or abusive language
No, that wasn't a red.
Capital markets are not built on asset ownership alone.
They depend on financing, collateralization, liquidity management, and credit.
As more real-world assets move onchain, the XRPL Lending Protocol is designed to help bring those capabilities onchain and make digital assets more productive.
Why lending may be a critical next step for institutional adoption.
https://t.co/GqHDX9heIx
X Money is a genius move for X's bottom line.
And it's not even a loss leader.
X pays 6% interest on unlimited funds you put into the system. Treasury is under 4%. That means X is bleeding 2% of each dollar you put in to pay you. That's also before their expenses to run the platform and other benefits.
Traditional thinking says, who the hell would start a company to give 2% away as free money?
Except I've already stated the purpose of the platform.
If X wants to borrow money from the government, they'd need to pay 4% in annual interest. From a private creditor, they'd pay more.
If X wants to borrow money from you, it's only 2% annual interestโ paid to YOU instead of the government or bank.
They're literally saving half their money by paying their own users. They'll end up using the cash to build the business and/or as collateral to borrow cheaper money + improve their bottom line.
It's a win-win.
It's the same thing your brick and mortar bank already does. Your money goes into the savings, and the bank lends it out when your neighbor buys a home with a mortgage. Or when your mom gets an auto loan.
Not to mention:
-User retention
-Keeping payouts in their ecosystem instead of sending elsewhere
-Data collection (big for AI model training)
-Processing fees from their own cards
X took banking and hauled it into the 21st century.
Let that sink in
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