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Yaël
a367f9eb1cb3a241a7f3646f31cd6d597bbbbf8eaeb5cd2e707d09b00633efea
deputy director @ consumer choice center fellow @ bitcoin policy institute québécois-american innocent abroad in Wien

Hello darkness my old friend

Hello to all nostriches in the Queen City!

Are we ready yet to have a truth and reconciliation commission on how the government “backdoor” bailed out politically connected banks after cracking down on crypto operations?

And that certain VCs got risk-free lunches paid by taxpayers?

“Two buck Chuck” is no longer 2 bucks

He was angling for Treasury, now it'll mostly be about trade. Not sure what to think

Lawmakers urge FinCEN to finalize reporting requirements for cryptocurrency mixers. They still don't understand how the software works

by nostr:npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6mak

https://www.therage.co/congress-letter-tornado-cash/

TIL there is a "S&P 1500 Packaged Foods Index" in this great write-up on RFK by economist Tyler Cowen

https://archive.ph/rHreK#selection-2605.178-2605.207

The real public policies that “matter” for Bitcoin are not flashy, performative one-time bills pushing NGU.

It’s the small, boring reforms on bank surveillance and commercial laws defining self-custody that empower individual use of Bitcoin.

“BREAKING” influencers who are loud about the former will produce a lot of noise and likely convince many people online that there is some “good” being attained. Maybe they’ll even raise money from it.

But unless people are sovereign in their bitcoin use, that’s all for naught.

Just something to keep in mind about where the more efficacious work is being done. Most of it is quiet, step-by-step, and nowhere near as self-aggrandizing. The former, as we’ve proven, has literally been harmful for adoption and protection of Bitcoin.

https://www.btcpolicy.org/articles/in-attempt-to-stop-cbdcs-states-are-rejecting-ostensibly-pro-bitcoin-legislation

I’m a public policy person who just happens to try to use that knowledge with Bitcoin. Unfortunately, others in the same “space” are mostly influencers with large followings who take and seek credit from others while producing tons of noise with relatively little signal. And in documented cases, have actually erroneously pushed politicians to “veto” some of the most impactful regulatory changes for Bitcoin because they don’t understand law nor regulation.

https://www.btcpolicy.org/articles/in-attempt-to-stop-cbdcs-states-are-rejecting-ostensibly-pro-bitcoin-legislation

I like nostr:npub15w99e58vynflyrzgwzsr9svcjyym7yrufn5xfr7ut2wyfy43hrcqslyz93's way of approaching the discourse of “political vs. apolitical” bitcoin.

It is, of course, apolitical at a protocol level. Certain political factions have decided to (temporarily) embrace the “tech” in a certain regulated form.

My only additional thoughts are that, generally, at lot of this support is coming from people practicing oppositional politics. Some are marginal political figures in European nations, for example, and now definitely part of the Trump coalition.

It is a useful vehicle for gathering support against the status quo and signaling an openness to innovation, but we must also “police” how political actors with power describe Bitcoin — if only because it will determine how they will craft rules around it.

The more the discourse is NGU only, the focus will be on regulated financial institutions and governments buying bitcoin purely for debt mitigation or investment. ETFs and qualified custodians will be the main actors.

If the focus is self-custody and sovereign money, there will (hopefully) be sincere attempts at dismantling the regulatory barriers around bitcoin (Bank Secrecy Act, KYC rules, FATF, etc.)

I’m skeptical, however, that once political power is realized among those pushing “crypto” that Bitcoin will be as useful to them. That’s a risk. It’s easy to embrace Bitcoin policies in opposition, but once you’re in government, you have hundreds of interest groups pushing and pulling you and you’ll have to compromise. Liberty and sovereignty are often the first sacrificial lambs.

Hence, the “Bitcoin-only” political actors who champion *all* parts of satoshi’s innovation will be the more reliable, I would hope. Once certain political factions or actors practice the embrace of Bitcoin as a ENDS rather than the MEANS, that will be a more helpful sign.

Right now, there are just too many “pump influencers” who are trying to run the narrative. Their interest is mostly in boosting their follower count and some kind of egotism that is antithetical to bictoin. nostr:note145fdtg6ha8tev2myrawnd3v85rfmvcr3v6m6dly5alhuemks6xvscylptp

TIL a “certified privacy officer” is mostly just a compliance jockey.

Anyone here recommend a CIPP/US?

Very cool to see nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm's new business model springing forth! Alby straight to my node

Too much NGU energy right now

I’m sorry to say that I may be now leaning toward Team Stainless Steel pans the last few weeks…

Yes, we should absolutely repeal cabotage laws and the Jones Act to allow foreign airliners and ships to serve domestic customers.

We need more airline competition, and it comes with erasing the regulatory barriers that prevent more market entrants

https://m.primal.net/MCsH.mp4

Has anyone had any success switching between 868Mhz and 900Mhz on their Meshtastic device? I know I'll need a new antenna.

I'll be back in the US for a few weeks and want to try to reach the plebs with my device