Token Daily

Yeangster :rawls: John Rawls 2 days ago

I like the idea in theory, but as someone pointed out on twitter, a prestigious police force staffed by college graduates is essentially what the FBI already is in practice.

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AsleepConcentrate2 Jacobs In The Streets, Moses In The Sheets 2 days ago

Doesn’t hurt that the FBI’s day-to-day is a lot different than a city cop’s. Special Agent Sixpack isn’t dealing with belligerent drunk idiots in a nightlife district on Friday night, for instance. Even if you implemented great reforms overnight across every PD in America, it’d still be kind of a shitty job that won’t appeal to lots of people. I’d love to be the person that people call on when they’re in trouble, investigate major crimes, even be a sort of facilitator or mediator for resolving minor disputes. I have no desire to get into a fight with some douchebag who’s had too much to drink.

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trollly :krugman: Paul Krugman 2 days ago

We just need every small town to have its own fbi.

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rememberthesunwell 2 days ago

what's your point

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runnerx4 What you guys are referring to as Linux, is in fac 2 days ago

At least MattY is conceding that the police ~~temper tantrum~~ strike is happening, good for him, hope he mentions it above the paywall and in his Twitter trolling sometimes and convinces the centrist government types about it happening

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Yeangster :rawls: John Rawls 2 days ago

He’s always had that position

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rivrgiv 2 days ago

Not sure why you’re calling it a temper tantrum? They have every right to respond to extremely unfair public criticism by giving the “people” what they asked for: no police.

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thefool808 2 days ago

They can quit if they don't want to do the job. If they don't do their job, and don't want to quit, they should be fired.

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CuriousShallot2 2 days ago

Imagine any other profession just not doing their job and demanding full pay and benefits.

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masq_yimby :george: Henry George 2 days ago

Cops are just mad about basic accountability. Nothing more.

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runnerx4 What you guys are referring to as Linux, is in fac 2 days ago

deranged you are genuinely you cannot possibly hold both “anti-police is a minority unpopular position” and “the people need to be punished by their superiors the cops” in your head unless that

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rivrgiv 2 days ago

This assumes the police, or even most people, are individually aware that being anti-police is a minority position. Sure they know how *they* feel, but the anti-police noise is still SO LOUD as compared to the FAR less exciting neoliberal solutions it’s very easy to believe that it’s still a majority or major plurality position. This also assumes that lots and lots and lots of people are loudly speaking out against Defund instead of quietly rubbing their necks and being like, “yeah I don’t know that doesn’t actually sound like a good idea but I don’t wanna get yelled at so…” We have not beaten that narrative into the ground. We have not aggressively said, “Fuck you, don’t defund the police, that is fucking nonsense.” And aside from basically just Biden all I usually hear from the center left is some version of, “Yeah police are usually bad people but your solution doesn’t work so let’s find something else.” The rational reform talk still largely paints the majority of cops as dogshit. How inspiring for cops to hear! So yeah, while people don’t want police defunded and themselves endangered, they’re still not exactly acknowledging the usefulness of our police, in its pre-2020 form. (It’s not perfect! I never said it was! But still obviously very useful!) That’s how I hold those two thoughts.

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runnerx4 What you guys are referring to as Linux, is in fac 2 days ago

as if the cops are saints here nobody asked them to retreat into Thin Blue Line cultism (a phenomenon that existed before 2020, by the way) and decide they are above criticism while getting paid so much. And they won’t hear it if undying praise of cops becomes the only thing you hear like you want, they’re listening to Fox only or worse

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DisgruntledWombat :nato: NATO 2 days ago

I feel like it should be apparent to anyone that uses their eyes but it’s good to see here. In Chicago I can’t tell you the last time I saw a cop doing anything but sitting in their squad car and scrolling instagram

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

How do you get smart young graduates to sign up for a program where they will be thrust into a work environment dominated my MAGAKAG Trumpers and replete with bigotry, sexism, and homophobia? Assuring that police are among the most highly paid public sector professionals hasn’t been sufficient, and it’s not immediately evident that continuing to throw money at the police is an effective means of doing so. I agree with the general logic but any such staffing program that isn’t coupled with the firings of a majority of active duty police officers is not going to accomplish much.

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kznlol :cartoon_f22: 2 days ago

i mean i don't know why anyone would volunteer for TFA either but last I checked they get so many applicants that it's actually selective

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

Different sorting process though.

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JeromesNiece :powell: Jerome Powell 2 days ago

The US needs police officers that know the laws they enforce, and know how to safely and effectively detain suspects. And to achieve that we need to be paying police officers more and spending more on training

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El_US_Government :nafta: NAFTA 2 days ago

So create a centralized training program run by the Marshals or something and require local police departments to have sent all their cops through that program by a certain time post hiring for the department to be eligible to receive federal support.

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Toeknee99 2 days ago

MORE?! They are the highest paid public servants. Wtf do you mean more?

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spudicous :nato: NATO 2 days ago

Public servants aren't paid very well. Police should have much higher standards to meet and should be paid to match.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

Police officers are phenomenally well paid. Paying them more is an illogical response to organized efforts by their labor unions to increase grift and stymie reform. We get more knowledgable cops by firing the ones who don’t do their jobs well. Full stop. Police officers without any college attainment frequently make more than Masters-level social workers despite having fewer legal duties and responsibilities, enjoying more workplace protection, and receiving the adulation of their community despite predominantly predatory police practices.

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JeromesNiece :powell: Jerome Powell 2 days ago

I'm definitely sympathetic to the idea that we need police union reform, but if we do that and successfully fire a whole bunch of bad cops, I'm skeptical that we'd be left with a much more competent police force. 6 week police academy or whatever isn't adequate to give a high school graduate knowledge of the law. And without grappling training, you can't expect anyone to know how to safely detain someone without using a taser or gun. Given the nature of the job, it could be the case that we need to set police salaries to be well above the average for civil servants to attract enough competent people. We need to be willing to pay whatever wage that is, even if it makes social workers mad.

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Yeangster :rawls: John Rawls 2 days ago

Tbh, when I hear social workers complaining about how much more cops make, I think, “then just become a cop, lol” You’ll still be able to help people a lot, you can help reform a corrupt institution and broken culture, and you get a good wage and a ton of benefits! Some people say that a progressive minded social worker will get assimilated into the cop mindset and be no better than the thin-blue-line waving, Jan-6 unknown whereabouts asshole. I think that’s true to an extent, but they’ll still bend up one of the more progressive cops, just a bit less progressive than they were before. The downside is that you’ll hate your coworkers. But no job is perfect. And if enough social workers try it, then maybe they won’t hate their coworkers as much.

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ja734 :krugman: Paul Krugman 2 days ago

If we could fire the bad cops, we wouldnt need to raise their pay to attract better ones, because the main thing preventing better people from becoming cops in the first place isn't the pay, its the toxic culture created by the bad cops who need to be fired. They are already being paid more than enough to attract lots of good people if only we could cut out the cancer that has infected their culture.

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CuriousShallot2 2 days ago

While i tend to agree, i would gladly offer higher pay if it really got society the ability to fire sub-par police officers.

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ja734 :krugman: Paul Krugman 2 days ago

If that was actually what was going on then sure, but what's actually happening is that cops are constantly getting pay raises in the vague hope that it will attract better people without anything concrete being done to increase accountability. That strategy has failed and its time to recognize that.

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CuriousShallot2 2 days ago

Oh yes i agree with you there.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

>Given the nature of the job, it could be the case that we need to set police salaries to be well above the average for civil servants to attract enough competent people. We need to be willing to pay whatever wage that is, even if it makes social workers mad. It makes a *ton* of sense to pay the people who cause crime more than the people who actually work to resolve it. I'm super convinced.

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JeromesNiece :powell: Jerome Powell 2 days ago

Calling police "the people who cause crime" is very silly. Also, the market wage is set by supply and demand, not by subjective importance.

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danieltheg :george: Henry George 2 days ago

How is the demand side defined for a public sector job like police? Seems like subjective importance would be a big part of it.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

> Calling police "the people who cause crime" is very silly. I disagree. A significant amount of the increase in crime we've faced has stemmed from the very public police work slowdown and stoppage that began in the aftermath of Michael Brown's killing in Ferguson. Police, through the lobbying efforts of their elected union officials, have also been a driving force in maintaining laws which greatly expand the criminalization of ordinary Americans and create destitution, hopelessness, and poverty in which rampant criminality thrives. Police have spent decades acting to deteriorate social order as a means of increasing their own ability to grift. They are, frankly, the only profession apart from doctors whom are seen as having absolutely no responsibility for the outcomes of their work. >Also, the market wage is set by supply and demand, not by subjective importance. Right, but supply and demand doesn't impact police wages currently since they are public sector officials who benefit from massive grift and corruption. Police staffing issues are relatively less bad than they are in basically any other public sector field, so market dynamics wouldn't suggest for massively increased spending on police wages at the expense of other public sector workers who do more for less with fewer staff. Frankly, can get a pretty good idea as to what police would be paid in a market system by looking at what similar private roles pay. Security guards around me make in the $9/hr range, so that's the point I'm using until a better alternative is presented.

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BreadfruitNo357 :nafta: NAFTA 2 days ago

>Police officers are phenomenally well paid. This is absolutely not true outside of metro areas. Do you know how big this country is?

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

Yes and I'm fully aware of the distribution of police salaries outside of major metropolitan areas. Let's take the small city I live as a point of comparison. Entry level patrol officers begin at $49k annually, which raises to $53k after academy completion and maxes out at $64k annually after four years of employment. That's base salary pre-overtime. Meanwhile, entry-level social workers make $31,000 annual; MA-level would make 4% on top of that so about $32,240k. I would wager that this dynamic holds in every single municipality in America.

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BreadfruitNo357 :nafta: NAFTA 2 days ago

Social workers make unacceptable poverty wages. What is your point?

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

High-school graduates who are less-skilled versions of security guards shouldn't make more than public servants who actually have qualifications and expectations. The security guards outside of the CPS building I used to work make $9 hourly and I can't see why police officers in the surrounding city should make more despite doing far, far less.

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BreadfruitNo357 :nafta: NAFTA 2 days ago

That is....certainly an interesting take. I don't think we're going to agree so I'll just end it there.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

To put it less bluntly, the median wage in the area is not such that making $53k is particularly low. There's an absolute glut of warehouse work at about $20 hourly that has driven local wages up to around that - the median individual income in the county is only $35k. Where police salaries are low, all salaries tend to be low. There may be exceptions to the rule, but police are very typically among the most well paid members of their communities, excepting perhaps in very wealthy communities.

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StarLiner42 2 days ago

>Police officers without any college attainment frequently make more than Masters-level social workers despite having fewer legal duties and responsibilities, enjoying more workplace protection, and receiving the adulation of their community despite predominantly predatory police practices. Haha Hahaha Fuck I should just apply to be a police officer instead of a case worker

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Yeangster :rawls: John Rawls 2 days ago

Just do it. You’ll get better pay, a ton of benefits and you’ll still be able to do good work and make a positive difference in people’s lives. The downside is you’ll probably hate your coworkers.

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StarLiner42 2 days ago

I've honestly thought about it before, it seems like an opportunity to at least try to do good while getting paid MSW levels without needing the student loans. But I am a smol thing and not very confrontational, I don't think I would make a good police officer.

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Yeangster :rawls: John Rawls 2 days ago

There are small cops At worst, you’ll be a bad cop for a different reason than most bad cops are bad.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

Apply to be anything other than a caseworker, particularly if you're looking at child welfare work.

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StarLiner42 2 days ago

Is it really that bad? Case management seems like a good way to get your foot in the door in social work (and seems to be the among the only thing that takes BSW's) but I keep hearing people scare me away.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

I was an ongoing CPS caseworker or two years before moving into case management for a private adoption agency. Your mileage is going to vary by agency but where I worked, our agency administrating would do everything they can to stymie workers from advancing to other positions within the county, including holding people for as long as six months after they accept a transfer position. Routinely, promotions would also be delayed to meet staffing need at lower levels despite no actual efforts being made to retain frontline workers. Couple that with *rampant* criminality among agency leadership, including an incident where they almost killed a kid on my caseload to avoid a regulatory citation and another where they handed me a case telling me to babysit it until something happened (spoiler alert: a kid died), abusive petty insignificant people in positions of leadership, and the constant barrage of bad outcomes without very many good ones to cleanse the palate, the job isn't sustainable unless you're willing to operate at extreme levels of emotional burnout and fatigue. If you want to go the social worker route, I'd recommend a job with your Adult Protective Services/Department on Aging. The scope of their responsibility is much more limited and generally speaking it seems to be less life-snuffing than working in the child welfare system. Or, case management for an adoption agency is a good gig (it's what I'm doing currently).

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StarLiner42 2 days ago

Holy shit that sounds awful. I can't imagine the stress of dealing with managers like that on a daily basis, thank you for sharing your experiences. Every single social worker I've talked to has told me to avoid DCFS at all costs, I guess that's a sign, right? Though decent BSW jobs seem a bit slim, so I may have to take what I can get next when I graduate.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

Everywhere is absolutely desperate for people so if you find an entry-level position you think is interesting and you have a pulse odds are you'll be able to get it. Again I would recommend aging or going into private sector case management work (which typically pays a little bit less but trust me the $100 off your paycheck is worth not hating your life). Crisis intervention can also be a good job but it does come with certain dangers and risk that are inherit to it that are perhaps more acute than working for CPS, e.g. I'll just also add this: one of the most common places that my CPS agency lost workers to was the prison. Being a CO was typically seen as a step up (also it paid like 20% more for some reason).

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CuriousShallot2 2 days ago

Paying them more without the ability to clear house on shitty officers will just land you in the same situation. Police officers have enormous labor power to just not enforce the law or enforce it selectively.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

Basically, no matter what happens they find some way to grift themselves a pay raise [despite being among the most overpaid members of their communities.](https://www.pennlive.com/opinion/2021/10/middletown-residents-need-to-find-out-whats-wrong-with-their-police-department-pennlive-editorial.html)

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econpol :smith: Adam Smith 2 days ago

Also, an actual duty to help would be nice.

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EmpiricalAnarchism :nye: Terrorism and Civil Conflict 2 days ago

CPS agencies have more of a legal duty to investigate non-criminal allegations than police have to investigate crimes. If this is feasible for child welfare agencies that themselves lack any meaningful legal authority, I don’t see why it isn’t feasible for better-funded, better-staffed, better-paying, less-overworked police agencies to do so either, and until such a legal duty exists I fail to see why we should be paying police anything above the statutory minimum wage to begin with. They’re less than security guards.

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Diehard_Determinist :forest: just another organic machine 2 days ago

Do you have the rest of the text for those of us not subscribed to his substack?

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ShelterOk1535 :summers: Lawrence Summers 2 days ago

I can’t fit the whole thing into a comment, but here’s the first part: I mentioned in a mailbag, but I think part of the strategy for police reform in the United States should be a “Police for America” program modeled on Teach for America. In other words, an initiative funded by donors who care about both crime control and social justice to recruit relatively high-performing graduates of selective colleges and place them for a few years as police officers in high-crime, high-poverty cities. I’ve heard proposals to try to make police departments function more like the military with a distinct entry point for people to do investigative or patrol work. But while I think there’s a certain logic to those proposals, that’s not what I have in mind here. TFA takes entry-level teachers and has them do basically normal entry-level teacher work in the kind of schools that struggle to fill vacancies. It asks people to take on as an idealistic challenge a job that is socially important but not especially desirable in terms of pay or working conditions. And even though TFA obviously does not solve the profound dilemmas of staffing and managing high-poverty schools, all the evidence I’ve seen suggests it works pretty well on a number of levels. Most immediately, TFA teachers improve student outcomes relative to the available alternative. But TFA alumni often take their combination of selective educational credentials and classroom teaching experience to move into school management or education policy. And while TFA used to be a big hot-button topic in the unions vs. reformer wars, one interesting finding in the literature is that TFA experience shifts people’s policy views closer to the direction of the union/progressive consensus. I think this is a promising model for an approach to policing that could improve America’s supply of good cops, help shift the culture of police departments, and improve the human capital available for criminal justice reform by creating a corps of reformers who have law enforcement credibility and perhaps a more realistic perspective than a lot of what’s on offer today. Police reform is hard Once you get past the fantasy that we can wish policing away or “reimagine” public safety in a way that doesn’t involve guys with uniforms and guns, you’re left with the fact that the policing status quo is bad and also hard to change. Officers should be held accountable for misconduct — not just the most extreme forms of misconduct, but relatively minor kinds as well. Yet we see chiefs reluctant to fire officers, and officers who do get dismissed bouncing from department to department. And this is at least in part because in many cases it is genuinely not easy to fill vacancies. Meanwhile, many if not most departments seem to have a deeply ingrained warrior mentality that emphasizes dominance rather than service. Policing has become so politicized that the overwhelming majority of officers, even in very liberal areas, are right-wing and often seem to have barely disguised disdain for the citizens they nominally serve, and not-at-all disguised disdain for the politicians elected to run their cities. Over the course of 2020-21, we saw a massive national wave of shootings and murder that seems to have been caused at least in part by a de facto police strike, tacitly organized to (successfully) push back on momentum for reform. That’s bad on its own terms, and it’s also a ticking time bomb for democracy more broadly. None of this means that reform is impossible. I recently got to read Neil Gross’ forthcoming book, “Walk the Walk: How Three Police Chiefs Defied the Odds and Changed Cop Culture,” which is really great and highlights models for success. But this is not like a super simple three-point checklist that any mayor can just go implement. It’s a lot of intensive hard work that hopefully can spread over time. But this process could be greatly accelerated by getting different kinds of people working in police departments, especially the kind of people who’d likely do well at getting promotions or at going on to hold political office or management roles. And it would also be a healthy shift in this debate if people passionate about change and reform had opportunities to actually do object-level work on policing and perhaps develop more moderate, meliorist views of viable approaches to change.

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ShelterOk1535 :summers: Lawrence Summers 2 days ago

!ping BROKEN-WINDOWS

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groupbot The ping will always get through 2 days ago

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RandomGamerFTW :nato: 2 days ago

What’s with all these oddly named pings?

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BenFoldsFourLoko :david-humes: Broke His Text Flair For Hume 2 days ago

funi Klobuchar's was SALAD-COMB lmao tho actually wtf is broken-windows. it's not on the list

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ShelterOk1535 :summers: Lawrence Summers 2 days ago

It’s a crime policy ping that u/Diehard_Determinist recently set up

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chintokkong Tin 4 days ago

I read the article but don't understand what it means.

Anyone can share and explain what sort of implications are there for the crypto industry with regards to CFTC's action?

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TBradley Tin | Politics 55 4 days ago

Basically saying they allowed trading crypto in the same manner as things they do regulate so it means they should have been regulated. Don’t start allowing margin trades on MtG cards or you might owe a fine to the CFTC.

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Inevitable_Ad_5695 5 days ago

This whole "we're decentralized so you can't regulate us" is basically the same as flash-mobs thinking they can't be policed / arrested...

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pconwell 3 days ago

And what's particularly ironic is the Blockchain documents all their crime publicly for investigators. Wired did an article on how crypto made it *exponentially easier* to track child pornographers. https://www.wired.com/story/tracers-in-the-dark-welcome-to-video-crypto-anonymity-myth/

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AmericanScream 5 days ago

Additional details here

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Soyweiser Tokenmancer 5 days ago

Mom what does personally liable mean?

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89Hopper 5 days ago

I only buried a landmine in the park. Whatever it does after that is not my responsibility. It will only decide to blow up if certain conditions are met and I can't be held responsible if that happens.

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Ok-Row-6131 5 days ago

The landmine is a separate entity, why should you be responsible /s

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Dirt-Purple Actually Does Understand 5 days ago

Look these morons were running an illegal futures platform. Its beyond dumb to attempt these things being US citizens. Did they really think the law wouldnt get to them? Futures platforms are heavily regulated and rightly so because they offer leverage to traders and regulations exist to protect the users incase the platform goes belly up with leverage

This platfork Ooki also got hacked few times, so yea they already lost user funds.

Have fun paying those fines, getting sued and staying poor

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Ok-Row-6131 5 days ago

It's cute how Butters think they write the rules here.

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UmichAgnos 5 days ago

code is law..... until it runs into THE LAW.

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incubus4282 5 days ago

CFTC won't let them be.

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the_joy_of_hex 5 days ago

No more margin trades with BTC Time to shut 'em down for running a ponzi But it feels so empty without McAfee

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HopeFox 5 days ago

If only there were a way for people to limit their liability when they do stuff in company.

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preytowolves 5 days ago

I dont think its fair that one can use the buffer of LLC to perpetrate crimes without consequences. In number go up, there is that dao that just decided to infringe on some IPs and shrugged it off “its dao, not us, besides now its on the blockchain so..” they need to be slammed by full extend of the law.

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HopeFox 5 days ago

>I dont think its fair that one can use the buffer of LLC to perpetrate crimes without consequences. I agree, but this particular article is about a civil action. Courts are much more willing to pierce the corporate veil in criminal cases. Limited liability mostly stops investors from going personally bankrupt, not from going to prison.

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preytowolves 5 days ago

right. my limited understanding is that in criminal cases it really isnt much protection. would be fun: cosa nostra LLC

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luitzenh 5 days ago

You can even go to jail if people in the chain below you mess up and you fail to oversee them properly. You don't even need to be an owner or a partner. Senior management in my company need to be approved by the FCA before starting their job and I think they also need frequent certification.

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preytowolves 5 days ago

has to be a serious case of negligence, wasnt under the impression that white collar crime penalties were that harsh tbh… how the hell are sacklers or BP directors free?

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grauenwolf 5 days ago

You definitely can. That's why audit firms aren't allowed to be LLCs. They have to be partnerships so that the owners are personally liable in the event of malfeasance or incompetence. I know because it was my job to explain to the SEC how my firm won't mess up again after we failed to detect a company cooking their books.

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preytowolves 5 days ago

got it. thanks.

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Effective_Will_1801 5 days ago

>dont think its fair that one can use the buffer of LLC to perpetrate crimes without consequences. Isn't that the point of "piercing the corporate veil"?

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No_Device_1701 5 days ago

The CFTC also seems to be going after individual token holders who exercised governance rights.

That's what you get for operating an unlicensed platform.

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leducdeguise this is not financial advice 5 days ago

4.4 billion people in more than 110 countries can receive funds in local currencies or crypto

Alright, they can. But will they?

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montjoye 5 days ago

the gig economy, but for everyone

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lo________________ol 5 days ago

If you don't know what Stripe is, just think PayPal. A massive central transaction company that's suddenly accepting cryptocurrency... Just sign in with your name, address, and email, and tell them your "anonymous" Bitcoin address!

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Melodic-Win4420 warning, i am a bigoted moron 5 days ago

They're not accepting crypto, they're accepting real money and paying out payees with fake money (crypto) that they probably obtained for a discount. In other words this doesn't help with adoption at all and will be a huge tax headache for anybody who chooses this option.

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RunesDubloons 5 days ago

If somebody actually needs someone to explain why this is a hilariously LETHAL idea to fuck around with, maybe we should just let them go ahead and take their paycheck in Shibapeepeecoin amidst 13% inflation.

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data_shaman 5 days ago

Discussion thread on Hacker News: https://news.ycombinator.com/item?id=32945801

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qznc_bot2 6 days ago

There is a discussion on Hacker News, but feel free to comment here as well.

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Balaji S. Srinivasan - @balajis

Amazing run by @jespow, one of the most principled people in our space. Much respect.

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zooko - @zooko

RT @ErikVoorhees: @jespow has been an inspiration to many of us. His tenure leading @krakenfx one of the great success stories of our industry. I salute you ser

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Erik Voorhees - @ErikVoorhees

@jespow has been an inspiration to many of us. His tenure leading @krakenfx one of the great success stories of our industry. I salute you ser

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Paige Freeman - @paigefreeman

.@jespow Wishing you all the best! @krakenfx https://t.co/zGllhFrMLo

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Emilie Choi - @emiliemc

RT @brian_armstrong: Shout out to @jespow - incredible run as CEO and a true champion of crypto and freedom. Also one hell of a nice guy. Thank you for everything you've done! https://t.co/hCE9fquFJf

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Brian Armstrong - @brian_armstrong

Shout out to @jespow - incredible run as CEO and a true champion of crypto and freedom. Also one hell of a nice guy. Thank you for everything you've done! https://t.co/hCE9fquFJf

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Tuur Demeester - @TuurDemeester

RT @jespow: #JesPoS seemed like less work. @krakenfx is in excellent hands with @DavidLRipley. I'll continue to be highly engaged as Chairman. Big thanks to the team for trusting me, our investors for taking a chance, and all my industry peers on the front lines. 🙇🏼‍♂️ https://t.co/CtqlNsBoF6

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Marco Santori - @msantoriESQ

Delighted you're going to keep a hand on the wheel, Jesse. @DavidLRipley I'm thrilled to keep working together. Also I can't wait until you inevitably grow long, blond hair to fit the part. It's going to be glorious. https://t.co/685GNZKHlp

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mason.eth - @masonic_tweets

RT @jeffjohnroberts: Jesse Powell—a fixture of the crypto scene since 2010—is stepping down as CEO of Kraken. Tip @Techmeme https://t.co/XjJe7C6UMQ

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Laura Shin - @laurashin

RT @jeffjohnroberts: Jesse Powell—a fixture of the crypto scene since 2010—is stepping down as CEO of Kraken. Tip @Techmeme https://t.co/XjJe7C6UMQ

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FuriousGeorge50 Tin | 1 month old 6 days ago

I have never had more problems than with Kraken. Two times was my account blocked due to verification because i tried to withdraw crypto to ny own wallet

1

practiceperfect111 Platinum | QC: CC 43 | r/WSB 24 6 days ago

Why he step down?

1

GreenEyeBanditElixer Tin | GMEJungle 77 | Superstonk 163 6 days ago

This dude is a prick. Deuces biotch.

2

AmunTokens Platinum | QC: SOL 19 | ADA 18 6 days ago

I think the culture has to change. They were raked over the coals so much, no investor wants to touch them.

1

SpagettiGaming Tin | Stocks 16 6 days ago

Damn, biggest sign that dark tones are ahead.

So we are just starting in the bear market

1

Mactan Platinum | QC: DOGE 34 1 week ago

It's over. Start of the downfall.

1

mikeoxwells2 Bronze | QC: CC 20 1 week ago

I can understand stepping down, but I hope kraken can continue forward with Powell’s vision

1

the_nibler Tin | r/WSB 52 1 week ago

Fomo on kraken

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Nooodles__ Tin 1 week ago

Thank you for all you’ve done. Kraken is the only exchange that I slightly trust and makes me believe in customer support. All the best in the future Jesse.

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ChristopherCaulk Tin | 3 months old 1 week ago

Great news, guy seemed like a fucking tool.

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Ace-of-Spades88 Platinum | QC: CC 373 | ADA 10 6 days ago

Yeah, love the exchange, love the customer service. Dude sounded like a total douche canoe.

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DaveyJonesXMR Platinum | QC: XMR 1004, CC 242 | TraderSubs 14 6 days ago

Kraken is what it is because of him though - he is/was the one CEO that took crypto to heart unlike the other dudes just after the money -> they are the only one to rather leave new york over bitlicense than stay. And atleast in that kind of business i prefer a crypto dude over some business suit

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Ace-of-Spades88 Platinum | QC: CC 373 | ADA 10 6 days ago

I will always respect the individuals in this space that seem to truly care about the future of the industry and the technology itself and what it can do for people. That being said I don't necessarily have to like their personality.

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RockEmSockEmRabi Silver | QC: CC 130 | BANANO 57 | r/WSB 450 1 week ago

Please make adding fiat easier

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Balantines_ka_choda Tin | 1 month old | CC critic 1 week ago

One of the good ones.

Thanks powell(the good one).

1

MaximillionVonBarge Tin 1 week ago

Nothing will change. Narrator: Everything changed.

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FoolHooligan Tin | 3 months old 1 week ago

I hope they don't delist XMR.

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xqpcy Platinum | QC: CC 43 1 week ago

noooooooooo rip kraken

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lordchickenburger Moon and bitcoin are me love 1 week ago

jesse will always be a trail blazer

1

Sharp_Tank05 Tin 1 week ago

In Kraken, I have always trusted. What a no-nonsense, customer-focused and flexible (from early days) exchange you build, Jesse! Thank you!

1

revolt22 Tin 1 week ago

Like him a lot. Hope he goes onto bigger and better things

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remember_nocoomer Tin | r/WSB 27 1 week ago

The hood lost a real one today.

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baconcheeseburgarian Platinum | QC: CC 257, BTC 83, DAI 22 | Investing 1 week ago

He’s like the Kurt Sutter of crypto.

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GreenStretch Platinum | QC: CC 275 1 week ago

Jesse is one of the heroes of crypto.

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swn999 1 week ago

At the end of the day he came across at least as a genuine guy, not perfect by any means but I think Kraken will be the same with a change in CEO's. They are already established and should continue to thrive if they stay with their excellent customer service and comply with all their external audits and reviews.

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croosin Tin | ADA 21 1 week ago

Thank you for your time Jesse. You’ll go out as a pioneer in my book.

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look-at-them Bronze | QC: CC 15 1 week ago

Incoming ceo literally has to do nothing

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Routine-Detail-5576 Platinum | 6 months old | QC: CC 22 | Buttcoin 13 1 week ago

Lmao. Things about to get tough for tough guy jesse.

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stonkyagraha 6 days ago

There have been one or two r/CryptoCurrency satire posts in response to these recent developments that were quite good.

https://www.reddit.com/r/CryptoCurrency/comments/xje6d3/morocco\_claims\_jurisdiction\_over\_cannabis/

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redchessqueen99 6 days ago

Haha that's hilarious

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ethereum-ModTeam 1 week ago

This was posted already, and as we want to avoid duplicates, the post has been removed.

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BigOleApe1 1 week ago

but didn't vitalik build it in russia?

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VoteBacon Tin 1 week ago

Bwahahahahaha

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MasterLawman 1 week ago

What mean? Im legit debating on selling eth for the first time ever seeing this

1

slappywhite6037 Tin 1 week ago

Fuck the US Government

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bwatts53 Platinum | QC: BTC 24 | r/WSB 21 1 week ago

All of ethereum belongs to me lol that's how that works

1

Visible-Ad743 Staker 1 week ago

Rocket pool is the solution. Say good bye to Coinbase staking program.

1

Outrageous-Archer-92 1 week ago

What does Vitalik says about that?

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myironcity Bronze | CRO 5 1 week ago

Follow the money. Eth is already in their pocket thanks to VC investments. Just ask Circle and Visa.

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Erik-Zandros 1 week ago

I don’t think any reasonable person reading the whole paragraph would conclude that the SEC is suggesting all ETH transactions are within the US, just that transactions originating from US based persons are.

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kbruggerlord 1 week ago

>If the SEC were to successfully classify activity on Ethereum as akin to that on an American securities exchange, it would amount to the regulatory body laying claim to jurisdiction over all activity on the ostensibly decentralized Ethereum network.. It's more than a paragraph, maybe you should read again.

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k3surfacer my coin is better than your coin 1 week ago

I suppose core devs and founders of Ethereum MUST issue a statement. I don't want to see ether used as a weapon like US dollar.

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Loose_Screw_ Platinum | QC: CC 33 1 week ago

Get fucked Gensler.

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DRAGONMASTER- 1 week ago

A post in r/defi that isnt obviously shilling something? Even if your name is shilling something and you work for decrypt, I can deduce no crypto being shilled in this post. That's an upvote.

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newadamsmith 1 week ago

Tbh /defi is heavily moderated and EVERYTHING that is posted goes through the mods. Hence they probably get paid by the shills.

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Ivo_ChainNET 1 week ago

lol, I see a lot of people share the same sentiment so I want to remind everybody to please use the report button whenever they see a shill post / comment on r/defi We (the mods) try to remove shill posts but we can't catch everything. I hope one day r/defi readers will start actively reporting sketchy content so we won't need mods to decide what's okay and what's not ok

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cjdew 1 week ago

Seems like the SEC is attempting some roundabout gymnastics as eth does not appear to otherwise meet the howey test:

https://isethereumasecurity.com/

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zKarp Tin 1 week ago

I DECLARE BANKRUPTCY!

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redguy13 1 week ago

"All of ethereum". I'm crying. This is hilarious. These people are delusional.

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RockEmSockEmRabi Silver | QC: CC 130 | BANANO 57 | r/WSB 450 1 week ago

Going to have a real hard time proving that. Must be losing the case against Ripple badly

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EthTraderCommunity 1 week ago

u/Easy-Soup140 tipped you 1.0 DONUT!

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ronchon 1 week ago

You are missing the point.

What this is is simply a message to vassal countries (all of Europe and more) that they must now obey what the US decides on everything related to Ethereum.

Before they had the convenient excuse that "if anything touched a dollar at any point, it falls under US law" which was the cornerstone of "legitimizing" applying US laws over vassals at will.
Now of course with something new such as Ethereum it doesn't work as well there, so they just needed to add this new bullshit decree.
In the end it does not matter because vassals have no choice but to obey one way or another, and no country is going to die on a hill to defend crypto anyways.

They're just officializing what we saw as a preview with tornadocash: the US decides a thing is illegal and a guy gets arrested immediately in a vassal country.
Plus, thankfully, Ethereum just transitioned to POS to make it easier for the US.

🐷

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cuchicou Bronze | r/SSB 24 | r/WSB 10 1 week ago

That’s market manipulation. Oh wait nevermind, eth is not a security

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majobe83 Platinum | QC: CC 110 | NANO 9 | r/WSB 13 1 week ago

Can’t wait till they indict the ethereum CEO and CFO, raid Eth headquarters with the IRS and put them all behind bars for securities fraud. Oh wait…..

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ManeMcFly Tin 1 week ago

Who gives a shit

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ethbytes Tin 1 week ago

Desperate to set a president...

Ian Balina's response;

https://twitter.com/diaryofamademan/status/1571992340121747457

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Ivo_ChainNET 1 week ago

tldr

The SEC appears to be suggesting that, because more of Ethereum’s validating nodes currently operate in the United States than in any other country, all Ethereum transactions globally should be considered of American origin. Currently, 45.85% of all Ethereum nodes operate from the United States, according to Etherscan. The second-greatest density of nodes is in Germany, with only 19%, by comparison.

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MakeItRelevant :CVX: :YFI: yield farmer 1 week ago

Now I'm worried. If we let, they'll destroy Ethereum. Like Friedman once said: "If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."

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ZebraPandaPenguin 1 week ago

What is the benefit to the SEC of claiming this? More tax revenue for the US?

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walk_thru_my_fart 1 week ago

Gary gets his peepee hard

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greatgoogelymoogely 1 week ago

Is that the game they want to play haha?

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metadat - @metadat 1 week ago

This battle was always hanging far off in the fog of the horizon, and now it's coming into the spotlight for primetime.

Can technology defeat the bureaucrats of the United States Government?

Time will reveal all.

mattwilsonn888 - @mattwilsonn888 1 week ago

> “validated by a network of nodes on the Ethereum blockchain, which are clustered more densely in the United States than in any other country.” The SEC then concludes: “As a result, those transactions took place in the United States.”

I wonder what other legal implications this precedent has (if it holds).

I probably won't think of any before hitting send on this comment, but this seems like the type of claim sufficiently disconnected from the reality of how a blockchain network functions (though Gensler has proven competence on the subject) to allow some unintended loopholes or interpretations in other cases.

SilverBirch - @SilverBirch 1 week ago

Honestly, I think the behaviour of the ethereum devs have led them to an inevitable head on fight with basically every large jurisdiction. You can't build a system that is explicitly designed to process transactions from sanctioned countries and expect that the no one is going to step in. It would be one thing if the devs could answer the simple question of "Who, other than Iran and North Korea need this?", but literally that is the only problem they're solving. The best case scenario is that Ethereum is going to end up as a fragmented cluster fuck where the biggest entities are compliant with US and EU law whilst a small cohort of entities are still helping the North Koreans launder money, or Ethereum caves and the core of their PoS algorithms are changed. And it's not unlikely that along the road to them caving there will be prison sentences.

The US government is not going to go "Ah, I see you've found a grey area, let us carefully consider this". It's going to go "Iran. Terrorism. Shut it down."

WheelsAtLarge - @WheelsAtLarge 1 week ago

This sounds like bad news but I see it as good news. The only way the SEC can go after fraudsters is to have jurisdiction over what they have done. The SEC can now go after the frauds against Ethereum users no matter where the fraud was committed.

Crypto will never be a legitimate investment class if people can't trust that they will get their investment back. It's also impossible for it grow to fill a need without trust. Crypto-Land should be jumping with joy at hearing this news.

ETH_start - @ETH_start 1 week ago

This is going to encourage US-based Ethereum users to stop runnning nodes, and users outside of the US to start running nodes, just to weaken the SEC's outrageous argument. The narrow-minded attempt by the SEC expand its jurisdiction, and by extension, budget, is going to cause long-term harm to US innovation and competitiveness.

Another option is for the entire Ethereum network to cloak itself behind an onion-routing network, which given the evident desire by many people to prevent people from using cryptocurrency and force them to submit to centralized regimentation of private financial interaction - even at the expense of basic internet freedoms - may be a prudent step to take.

JohnHaugeland - @JohnHaugeland 1 week ago

I'm confused.

Is the idea here that something from the United States is not bound by United States law because the person who made it doesn't want it to?

Google's also bound by US law. They're also international

This is just how the law works. What am I missing? Why does Ethereum get to be above US law?

71a54xd - @71a54xd 1 week ago

Is this a joke?

This is patently insane - the boneheaded logic behind this is unprecedented.

Granted, looks like PoS might be DOA. PoW would've made this kind of draconian tom-foolery much more difficult.

Show all comments on Hackernews

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VividTomorrow7 5 days ago

https://boysvswomen.com/#/

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latlonghero 1 week ago

Popcorn time

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The___Leviathan 1 week ago

could u imagine tyson fury vs any woman?

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Desrac 1 week ago

Now, I've never been a big sports ball guy, but I'm pretty sure that what we think of as the Men's Leagues are actually available to all genders. Only the Women's Leagues are restricted to keep men out. Its just that almost no women are capable of competing in the men's league.

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WickedDemiurge 1 week ago

These people are deranged and will get girls crippled or killed before we figure this out. I think we should be flexible on non-contact sports, but this is what freshmen football players look like. (An edge case)

The "Just have fun and try your best!" tier of teams might be okay, but sports rapidly starts selecting for unusually large and powerful males. Having an appeals style system for female athletes is a good compromise for when She Hulk wants to be a defensive lineman.

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spitexone 1 week ago

The smallest NFL player is 5’5” and 165 lbs. They don’t have to be a defensive lineman but most men aren’t as large as those defensive lineman either.

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Ambitious-Ring8461 1 week ago

Let me beat women in the ring

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straightcharlixcxfan 1 week ago

This article is mostly about school level sports teams. There will never truly be competitive/elite sports that are not sex separated, women would simply cease to exist in the professional world of sports.

The arguments in the article use some studies that basically revolve around pre-pubescent children playing sports, saying that there's not a great deal in difference in skill at that level. That may be the case, but almost all competitive school sports take place at high school level which is where we start to see this differences.

The biggest awakening moment for me on discussing the limitations of trans rights was hearing progressives talk about sports. They just don't have a clue at all or they are willing to bite the bullet and just outright admit they don't care about women's sports at all.

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nofrauds911 1 week ago

you have to be more precise about which sports you're talking about and how few women does there have to be for you to call it "ceasing" to exist. when you phrase things the way you did you sound ignorant.

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straightcharlixcxfan 1 week ago

Would you like to name a sport played where this isn't the case? All I can think of are fringe sports like snooker or darts.

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nofrauds911 1 week ago

a lot of shooting events and archery teams are mixed. there are a lot of sports where the overlapping distributions when it comes to height/weight for males and females is close enough that they can safely compete coed. there isn't a point in you doubling down on your absolutist framing in your initial comment. you knew you were being extreme when you said it.

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straightcharlixcxfan 1 week ago

Bro really brought up fucking shooting events in a discussion about sports. Yes, as I said, there are some fringe exceptions like snooker, or bowling or some other shit where physicality is irrelevant (F1?) but in the world of professional sports 99% of womens' participation would be erased. Being a sporting professional as a woman would become nigh on impossible in all major professional sports. Women's basketball, women's soccer, women's tennis, women's cycling, women's athletics, women's golf and so on can no longer exist.

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CrimsonxEmperor 1 week ago

Sure shooting/archery may be mixed, which major sports in America exist that the gap in physical prowess is negligible? Even if we discussed this on purely the grade school levels 6th-12th none of the major sports widely played in school would have any female representation. Maybe at the middle school level they could be played "safely" but if you're just talking in a physical sense of "yeah they won't get hurt" (not sure how true that would be) you still aren't accounting for the fact you'd almost wholesale be eliminating girls from making teams and playing sports.

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nofrauds911 1 week ago

the moment we start talking about "major sports" we have to be realistic and acknowledge that there really are no "major" women's sports in America that get any coverage. so it's kind of a false dichotomy. and the much more common problem even at the high school level is not having the minimum number of interested students required to field a team. this imagined scenario where most schools have a glut of male players trying to play most sports who would take all of the women's spots is the exception. net net women would probably benefit more often from having more sports teams exist that try to safely accommodate them. i think most women know this experience, which is why so many of the people making the points you're making tend to be men. edit: and so it's absolutely clear, i am the one arguing against the extreme position and saying we should be open to considering it sport by sport based on the actual circumstances of various schools.

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CrimsonxEmperor 1 week ago

You are correct in saying there are not many major sports for women in America that get coverage but they certainly still get scholarships and opportunities to play them in College and I don't see why we would take that away from them. When I said major sports though I meant sports that have big followings and are played in most schools around America. Basketball, baseball, football, track & field and possibly swimming. Now I admit I grew up in a large city so it's very possible that is skewing my views of it but yes every sport I just named had tryouts in highschool were many people didn't make the team (with the exception of football) for both the girls and boys teams and if you eliminate the gender separation I don't see many if any of the girls making a team. In effect taking them out of sports. Edit: Response to the edit. That's actually a fair stance I guess.

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nofrauds911 1 week ago

i don't think it's common for girls to have enough members to field a football or baseball team, even in major cities. swimming is also less common outside of high population areas. i don't think the track and field teams in my district cut anyone, and most events we couldn't field enough people for all the competitive spots at a meet. and that's even before getting into the many other sports where these issues are even more pronounced. so i really do think it's best to take it case by case. otherwise people end up trying to impose their own high school experience on everyone.

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CrimsonxEmperor 1 week ago

Football certainly not but as of now the participation level isn't there for it, but every other sport I listed definitely had much higher participation and I think the goal should be to further encourage the growth of sport participation by women and taking away the opportunity is counter productive imo. I grew up in Houston though. But as I said in the edit I acknowledge your stance is fair and reasonable, I can see the growth of women in sports if we had a more specialized case by case approach.

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PrizeLoss 1 week ago

“Part of the reason why we have this belief that boys are inherently stronger than girls, and even the fact that we believe that gender is a binary, is because of sport itself, not the other way around,”

Love to see the research done on that one.

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Joke__00__ 1 week ago

I have a fix for progressives advocating this, just allow women to compete in mens sports, if they could they'd make more money (in most sports) and since they can't nothing will change.

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1_2_ 1 week ago

Is there any rule that says certain sexes/genders can't play in the NFL, NBA, NHL, and MLB? If so, I would support those rules being removed.

This discussion would be a lot easier if there were documented cases of people-who-aren't-cis-men trying to make it in those leagues

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DwightHayward 1 week ago

>Is there any rule that says certain sexes/genders can't play in the NFL, NBA, NHL, and MLB? If so, I would support those rules being removed no

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kipperrrrox 1 week ago

There was actually a woman named Manon Rhéaume who played in the NHL, although it was just a preseason game in 1992 and another in '93.

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bobsnavitch 1 week ago

No there is no rule against it.

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TheSuperking 1 week ago

Decades of research have shown that sex is far more complex than we may think. And though sex differences in sports show advantages for men, researchers today still don’t know how much of this to attribute to biological difference versus the lack of support provided to women athletes to reach their highest potential

bruh what... this is poppycock.

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souljaxl 1 week ago

It's not false, we don't know how much of it is attributable to genetic differences and societal differences. And it is undeniably true that women/girls get way worse training, coaching and support than males.

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TheSuperking 1 week ago

except we have examples of women who have had tons of support from a very early age and they are still outclassed by their male counterparts

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souljaxl 1 week ago

So because of that we know how much of the observed difference between males and females in sport is because of genetics and environment? No. Does that change the fact that females get way less support overall? No. So what point of mine are you replying to?

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TheSuperking 1 week ago

>So because of that we know how much of the observed difference between males and females in sport is because of genetics and environment? No. I mean if you're trying to pin it down to a quantifiable variable, no, but I think it's pretty plain to see that the vast majority of the difference between male vs. female comes down to genetics, to the point where it's kind of silly to even suggest "societal differences" as if it's a major or even significant cause for the gender gap in strength/athleticism that has persisted for thousands of years >Does that change the fact that females get way less support overall? No. I never said they didn't lol I think women should receive just as much support as men if athletics is something they want to pursue, but even in a perfect world I don't think it would come close to closing the gap, if we're talking about grown women vs grown men

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QuidProJoe2020 1 week ago

Ahahahaha! Yes, science has helped nothing with understanding why men can do a 360 dunk off one leg, but the tallest women can barely rim graze off two legs. Damn societal conditioning!

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ima_thankin_ya 1 week ago

Post the article or an archived version for those who don't have access, please.

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superarmy 1 week ago

[Does this work?](https://web.archive.org/web/20220917202915/https://www.theatlantic.com/culture/archive/2022/09/sports-gender-sex-segregation-coed/671460/)

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ima_thankin_ya 1 week ago

Yes it does, thanks!

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doctorwhotrueanal do not ban her (she cute) 1 week ago

Sure, sounds good. Let me box Keffals.

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adhdthrowawayay 1 week ago

I can't !shoot but someone please shoot him

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doctorwhotrueanal do not ban her (she cute) 1 week ago

Um, hello!? Read my flair.

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adhdthrowawayay 1 week ago

Soz for misgendering i dont read flarezzzzz

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doctorwhotrueanal do not ban her (she cute) 1 week ago

I kneel & apologize, my Kween

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Free-Database-9917 1 week ago

What?

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Secret_Rooster infowars.com 1 week ago

They're not this stupid. Some woke sheep feminists are, maybe, but the elites aren't. The obvious end game here is to completely destroy sports. Sports are masculine, have clear winners and losers, and give people a sense of community and identity. Everything the ruling class hates.

This all eventually devolves into Hunger Games.

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HardRNWords VolZel 1 week ago

Surely there's a reasonable middle road between complete gender segregation and just erasing basic biology? I'm not against the idea that there are sports out there that are unnecessarily divided by gender lines, as relics from decades past when the laws this article criticizes were written (I don't really think there's a valid reason to separate most team sports by gender tbh) but painting over the broad strokes of yesteryear with the broader strokes of "gender is a spectrum and doesn't matter anyway" is idealistic at best.

Even if gender is a spectrum, it's as of now still characterized by two prominent peaks and a deep through between them. The people on the masculine side of this spectrum tend to have significantly higher muscle mass, lower body fat and height than that of their feminine counterparts, which has obvious implications in sports where these factors play a decisive role in who will win in a competition.

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sternfan1523 1 week ago

In what world isn’t there a reason to separate team sports by gender? Once you hit puberty, no girls would make the teams except in rare cases. Isn’t that a good reason?

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grim_bey 1 week ago

Only on the casual side of things do they have a point. That said, the subset of guys getting beet red at the beer league aren't meant for co-ed.

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ToxicTroubadour 1 week ago

You know, we wouldn’t have r-worded articles like these if weirdos weren’t hyperventilating about “the transes” or pretend to care about women’s sports

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hank-the_tankiejr 1 week ago

Just make everything one league then. It wouldn’t change a thing

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FatFrank_theExpat 1 week ago

Oh man, I will never forget the fun I had when Chrissy Whitcomb and her crew would join the elementary school recess flag football games. We’d leave her wide open to be sure she got the ball, and me and the other boys would gingerly twist our fingers around her flags, then hesitate three, four beats before slowly stripping those flowing neon sporting accoutrements from her hips.

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BerryBeginning9335 1 week ago

The only good Ebruenig take is that women shouldn't play any sports whatsoever because they've got samplers to sew and dances to learn and Eds to develop.

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WardogFromHell 1 week ago

While I do believe most women have an innate understanding of how much physically stronger the average man is, there are a few chicks out there who live in such a deluded bubble to where they actually think their upper body strength is comparable to a man’s.

I briefly dated a very petite woman who was convinced she could beat me at arm wrestling. She was saying that she’s actually super strong despite her size. I’m a 6’3” 220lb man. She looked genuinely astonished when I easily beat her

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GrumpyOldHistoricist highly regarded artistic individual 1 week ago

I see this as a sign of social progress. We’ve reached a point where we have a critical mass of women who’ve never been confronted with their physical powerlessness in the face of men. It sometimes leads to stupidity like this, but it also means they’ve never had the tar beaten out of them by a man.

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Penishawk_Down 1 week ago

I guess their point is that we don’t have any protections in place to protect scrawny boys from harm yet we enforce them on girls as a whole. My gut instinct still says that that scrawny boy could probably really hurt an average girl and mixing sports will just squeeze girls out altogether

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thither-jf 1 week ago

> we don’t have any protections in place to protect scrawny boys from harm Most contact sport leagues allow smaller boys and those born late in the year to play in the age group below (I met both criteria, and played Rugby for the age group below me).

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sternfan1523 1 week ago

Definitely didn’t have that in youth football. Only protection was if you were a certain size you likely played up in age or weren’t allowed to touch the ball

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Penishawk_Down 1 week ago

I played rugby in a small town and i only ever saw the opposite, lads playing up an age group due to low numbers no matter how big or small

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Bukowski_IsMy_Homie 1 week ago

Same here. Played hockey and rugby. Never seen someone play down in age.

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thither-jf 1 week ago

I think it did require RFU dispensation tbf. But I did know of other boys who did it.

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thither-jf 1 week ago

As a gender accelerationist I'm actually somewhat keen to see ideologues like this completely wreck women's sports and in the process neatly refute their own insane dogma.

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K3Anny 1 week ago

Serena Williams retired at just the right time to sit back and watch the decline of women’s sports

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snapshovel 1 week ago

My sport back in HS/college was fencing, and in fencing they’ll typically have a women’s tournament and an open tournament but no men’s tournament. Chess works the same way.

Seems like the best way to do it to me, unless there are legitimate safety concerns. Segregate by ability instead of sex, and then have a special league just for girls/women.

In practice, that wouldn’t change much, because in most schools the number of girls who can play on the open basketball or football team is going to be zero. But when you occasionally have a talented girl who is good enough to play on her school’s team, she’d have a chance to do that.

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thither-jf 1 week ago

Even at a very high level, this is technically how the rulebooks for most sports are written. Of course in practice the 'open' contest ends up being the men's tournaments because of pesky biology.

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hoepolloi 1 week ago

I don’t care to participate in this discussion again I just like to use this opportunity to reminisce about Bernice. Biggest guy on our boys team would call himself Bernice and practice with us for a week before the championship. The idea was the defenders could practice guarding huge people in prep for the big girl.

The big girl on our rival team was actually really good, could have got MVP that year. “Bernice” was okay because he was big but wasn’t particularly amazing on the boys side (our boys team sucked anyway). Ended up being perfect prep skills wise. He was a little stronger and faster but just as lazy.

We’d all get a kick out of his fat girl impressions and jokes about his nipples or whatever. Simple high school fun. This is my “things aren’t like they used to be” moment. A little sad I guess. Oh well. It’s a fun memory

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infii123 1 week ago

When you read the old bitcoin forum posts it is totally clear, that they agreed and promoted to not use gpus as long as the network is in the very early days. Of course they knew and anticipated that the network has to grow as organically as possible to maximize confidence and decentralization.

1

xero2709 1 week ago

I wonder why Craig Wright did that?

0

TheGreatMuffin 1 week ago

Heh, looks like it was the title :D

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dragonslayer41111 1 week ago

Wow

1

I_Plumber 1 week ago

Satoshi also noted that bitcoin couldn’t grow too big too fast. Rather slow and steady.

~131 years of network time until all coins are mined into circulation around 2140 or so.

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SleepCom 1 week ago

We need more content like this. This is outstanding.

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sc2bigjoe 1 week ago

When I was a kid mining I had no idea what I was doing. I just knew when I ran the software it bogged down my gaming so never stuck to it. Always thought I was helping password cracking or some distributed rainbow table shit

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OkeyDokeyWokey redditor for 2 weeks 1 week ago

If only you held back on the gaming for a little while, you would be retired by now and could game for the rest of your life…

1

Itsthatijustdontcare 1 week ago

No worse than the rest of us that spent it on Silk Road.

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_The_Judge 1 week ago

Right, Im pretty sure I spent 300 btc on "pizza" a few times.

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boato11 1 week ago

Thank you Adam.

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vanmarcel 1 week ago

I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.

Please stop this "they" nonsense.

0

[deleted] 1 week ago

[deleted]

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vanmarcel 1 week ago

Well, it shows that the pseudonym wants to be referred to as one person otherwise he would have chosen "We've been working ..."

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MoneroArbo 1 week ago

It's gender neutral.. .. not that it couldn't have been a group.

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BitListMarketplace redditor for 2 weeks 1 week ago

It’s not gender neutral it’s plural.

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OkeyDokeyWokey redditor for 2 weeks 1 week ago

Not in the great woke dictionary. They like to redefine existing terms and give a different meaning to them.

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BastiatF 1 week ago

Why gender neutral? Satoshi P2P Foundation profile was male so as far as we know that's how he identified.

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AinNoWayBoi61 1 week ago

Beyond that it's blatantly obvious he's male from everything he's wrote and did. Even if he never set male in his profile it would be more likely that he's Craig Wright than that he's female

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MoneroArbo 1 week ago

> Satoshi P2P Foundation profile was male Huh?

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TheGreatMuffin 1 week ago

https://web.archive.org/web/20110317060514/https://p2pfoundation.ning.com/profile/SatoshiNakamoto

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MoneroArbo 1 week ago

ok but do y'all also assume satoshi was 35 and from Japan?

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TheGreatMuffin 1 week ago

Just providing the link, I don't think it's an argument that'll lead anywhere insightful.

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MoneroArbo 1 week ago

fair enough, thanks for the link (:

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MaxQuordlepleen 1 week ago

This is the first time I see an unannounced article cover done by AI!

Incredible!

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statoshi 1 week ago

It's far more fun than searching stock photo sites.

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Ese_Americano 1 week ago

Kinda forgot that stock photo sites, well, miiight get less traffic if AI art keeps picking up? I wonder what other sites would see a decrease in traffic due to AI art 🧐 🤔 🤨

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Sugarbird676 1 week ago

Did you use Midjourney?

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statoshi 1 week ago

Yes

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MaxQuordlepleen 1 week ago

For sure! I’m amazed that it’s just there

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reddit4485 1 week ago

He also wrote code for GPU mining to defend against a 51% attack in the early days. Therefore, if he were greedy, he'd actually use them to win most of the blocks before anyone else though of this!

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SnooMachines7409 1 week ago

Also, the average block time in 2009 was 16 minutes. This couldn't have happened if Satoshi kept on mining for himself. He only mined to keep the network from being attacked by nefarious parties.

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Ese_Americano 1 week ago

Really good point if a normie got “lost in the sauce” on why Satoshi’s bag was so large

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MoneroArbo 1 week ago

The 'greedy' thing to do is look after the health of the currency you own 5% of the max supply of, not to smother it in the crib (: edit: y'all are weird this comment wasn't anti satoshi or anti bitcoin

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6939849348398438a 1 week ago

Well Mr Buterin saw no problem with mining 30% of the supply and keeping it for himself, to me that sounds greedy relatively speaking.

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eqleriq 1 week ago

Yes, greedier... 30% preminer is greedier than 5% premine. 5% premine is less greedy than 6% premine. 5% premine is more greedy than 4% premine. The premise here is that "greed" needs to be considered relative to the longterm viability. It isn't necessarily greedy to premine just enough to protect viability, but it also isn't necessarily not greedy. While the definition is subjective it is clear that the motive wasn't to "have more money." Yes, they could have been more greedy without any real impact on btc.

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Jaseur 1 week ago

Let's be clear that Satoshi didn't premine.

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ryanq99 1 week ago

The difference is it’s probably unlikely satoshi still has the keys. Imagine what would happen if satoshis stash started moving. Could be detrimental.

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Wsemenske 1 week ago

I don't think you understand what smother means

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eqleriq 1 week ago

smother in this context means to kill

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Wsemenske 1 week ago

Bitcoin wasn't killed

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-_-_-_-__-_-__--- redditor for 1 week 1 week ago

Ai generated image

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coinfeeds-bot 1 week ago

tldr; Patoshi appears to own around 1,100,000 bitcoin - nearly 5% of the entire supply that will ever exist. Satoshi appears to have turned their miner on and off programmatically. They mined back-to-back blocks that were less than 5 minutes apart! A simple explanation is that they paused their miner for 5 minutes after mining a

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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s0urdeeeez redditor for 6 weeks 1 week ago

After mining a what? This is gonna kill me 😞

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Bubuy_nu_Patu 1 week ago

Gold

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Spank007 1 week ago

Cube?!

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ViridianZeal 1 week ago

F for Patoshi

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PaintTraditional2252 redditor for 3 months 1 week ago

I agree.. maybe Sir Satoshi. *laughs loudly Britishly because that's where Satoshi is from*

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igadjeed 1 week ago

I'll have time to read all of this tomorrow
Meanwhile, a correction

From looking at the chart and adding the missing potential extra hashrate from Satoshi, it looks like the network would have exceeded 10.7 Mhps in mid-December 2009 and that the first expected difficulty adjustment would have occurred at block 32256, about 2.5 months earlier than when it actually ended up triggering

The first difficulty adjustment was indeed at block #32256. The target was 0x1d00ffff from genesis to #32255, and decreased to 0x1d00d86a at block #32256

Your Feb-2010 milestone marks when difficulty increased to 2

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BlowGlassGrowGrass 1 week ago

Nope

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trilli0nn 1 week ago

Debunked many times.

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TheGreatMuffin 1 week ago

Wondering why this is heavily downvoted.. Probably because of the suggestive title (which is - spoiler alert - answered with a very decisive "no" in the article). Very nice in-depth research!

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statoshi 1 week ago

Reading is hard.

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Ralph_Naders_Ghost 1 week ago

Sir, this is a Wendy's.

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TooL7777777 1 week ago

Is Satoshi the "alladin" KI from Blackrock?

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coinfeeds-bot 1 week ago

tldr; Patoshi appears to own around 1,100,000 bitcoin - nearly 5% of the entire supply that will ever exist. Satoshi appears to have turned their miner on and off programmatically. They mined back-to-back blocks that were less than 5 minutes apart! A simple explanation is that they paused their miner for 5 minutes after mining a

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

0

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myplayprofile 1 week ago

What if the treasury has been working with GME to make a CBDC dividend to shareholders that will work on the NFT marketplace?

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reynaldo30 1 week ago

Hard to know ,

Europeans have picked French wordline, an Italian payment bank , Amazon and another company to try and pilot out how a European cbdc would work and the only Blockchain I could find that was being used in this pilot was quant.

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Admiral_pumpkin 1 week ago

Who on earth trusts these assholes with this? Lol

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Elvis1609 1 week ago

I don't get how they can regulate it?

I thought they can only regulate local Cefi exchanges?

Defi can just move to another country and give them the finger!

Or have I missed something?

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dumbphon3 1 week ago

There's this thing called the Constitution, but the government doesn't like it.

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dumbphon3 1 week ago

There's this thing called the Constitution, but the government doesn't like it.

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X2WE 1 week ago

i just need the new 3 series

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_greyknight_ 1 week ago

Fuck that, I need some real estate. I'd be fine driving a 20 yo volvo and having a nice house, fully paid off.

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whitnet1 eew eew ym 1 week ago

Visibly commenting

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Best-Lurker 1 week ago

Yeah, Biden has shown no ability in his entire life to craft smart and lasting policy. I don’t trust him to do now so or find people who can. Dude should start with forming a coherent sentence first.

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NotLikeGoldDragons 1 week ago

Politics is not allowed on gme subs. Intentional or not, this comment came across as an attempt to wedge apart the community with political insults.

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Best-Lurker 1 week ago

Cool bro. Did you take a look at the original post? Never mind that nothing I said is anything but facts. His record aligns with what I wrote. So do his speech patterns. These things are true and don’t reflect any political valence.

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NotLikeGoldDragons 1 week ago

I did. The OP was about a digital assets framework, not any particular political party or person. What you said wasn't a fact, it was opinion trying to be stated as fact, there's a difference.

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Best-Lurker 1 week ago

I'm sure the administration is just putting this out as a nice bit of information and not a precursor to policy. I'll sleep well at night knowing they're just making a framework and not laying the groundwork to regulate and manipulate. Also, pointing out that any one person is an embarrassment and dementia addled isn't political. Pointing out a summary of his political career is also pretty objective, but please make a case for Biden's resoundingly successful political career.

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NotLikeGoldDragons 1 week ago

My point was that these discussions are exactly the type that shouldn't be occurring on gme forums.

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Best-Lurker 1 week ago

Still waiting for that stunning rebuttal. Till then, take it to the mods.

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NotLikeGoldDragons 1 week ago

Still waiting for you to stop trolling. Suspect I'll be waiting a while.

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Best-Lurker 1 week ago

You don’t know what a troll is do you? Here, I’ll double down: Biden is a corrupt demented embarrassment to the country and the world. I say facts. What say you? Come on, tell me with a straight face that you think he’s had a good career, is honest, and/or is still fully mentally there. Tell me you think he’s remotely capable of putting out guidance on crypto assets or that his administration’s involvement will be good for retail investors. Give me that or admit that none of that is political. None of it.

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NotLikeGoldDragons 1 week ago

The topic is political no matter what way you slice it. You're commenting about a particular political figure.

2

slingitorbringit Tin 1 week ago

i'm thinking this'll hit in 2024. i guess that gives me a year to get rich and bail out.

1

ForagingBaltimore 1 week ago

its gonna be great! smdh

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milkthefunk 1 week ago

“The Treasury will complete an illicit finance risk assessment on decentralized finance by the end of February 2023 and an assessment on non-fungible tokens by July 2023.”

“A U.S. CBDC - a digital form of the U.S. dollar has - the potential to offer significant benefits. It could enable a payment system that is more efficient, provides a foundation for further technological innovation, facilitates faster cross-border transactions, and is environmentally sustainable… In addition, it could foster economic growth and stability, protect against cyber and operational risks, safeguard the privacy of sensitive data, and minimize the risks of illicit financial transactions.”

These two statements is all you need to know what this whole thing is about: Control. They’re speaking out both sides of their mouth, simultaneously delegitimizing digital assets and at the same time claiming the benefits of a CBDC. Also, notice how they mention the privacy of “sensitive data”, NOT personal data. The only thing to break this cycle of abuse is to expose it. So, DRS is your best weapon.

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stonky808 1 week ago

Big money will NEVER flow into crypto of an exchange can just stop the buying/selling/withdrawing and then jist go bankrupt and disappear and say oooops sorry guys, your crypto is gone. That's literally what can still happen. Like guys with tens and hundreds of millions are gonna throw money on an exchange with absolutely no reassurances that their shit is protected lol.

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CR7isthegreatest DFV & The Defective Collective 1 week ago

God damnit, how did this not go viral here!?

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Newbs2u 1 week ago

The ONLY responsible thing to do is keep it out of their control.

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waterFxxKboat 1 week ago

"The digital economy should work for all Americans. That means developing financial services that are secure, reliable, affordable, and accessible to all."

This is the another description of Algorand.

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stqsh-1 1 week ago

Where is algo in the text?

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Which_Working 1 week ago

I don't believe it is...at least I cannot find it.

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iamTheOptionator 1 week ago

lol 😂 Biden has NO CLUE!! and Kamala?? Right!!!

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Joeyfishfingers 1 week ago

Algo based usa cbdc and we going to $50 in a week

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Diamond_PnutBrain 1 week ago

Only the toy ones

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Vive_el_stonk The secret is the tungsten-carbide NFT marketplace 1 week ago

I’m Confused how this has any effect on my stock, that I like.

0

fuckyouimin 1 week ago

The stock you like is a company that just came out with a digital asset wallet, as well as an NFT marketplace (in order to buy/sell/trade such digital assets). Any regulation regarding digital assets is going to affect the company that you hold stock in. (And in theory it will affect the price of the stock, but we all know that part's bullshit...)

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WannaBe888 1 week ago

Yeah, sure... the gov't will regulate digital assets to protect consumers, investors, and businesses. /s I think the GameStop NFT marketplace is a clear and present danger to the current corrupt system. We also know the gov't (to some degree) is the Big Boss in this fight. So, it makes sense for the gov't to shut down (I mean regulate) the GameStop NFT marketplace before it gets any more momentum. And why waste a good crisis? It's a good excuse/opportunity to issue the U.S. Central Bank Digital Currency (digital form of the U.S. dollar). 1984, anyone? George Orwell might be early, but not entirely wrong. We're not there yet, but the technology is getting there.

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fuckyouimin 1 week ago

Regulation is inevitable (and to some extent necessary) for widespread acceptance and usage. But seeing as how according to their own description the rules they already have are not being enforced, it will likely wind up being a clone of the same corrupt shit that we have right now. Either way tho... The commenter asked how this was related to the stock. I responded with the (clearly obvious) answer. Edit: added a word

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EvilScotsman999 1 week ago

I don’t think this really tackles the issues we have within the crypto space right now.. they say they will provide “guidance” to crypto innovators, but not any word of actual regulation and clarity within the space. Who is in charge of regulating crypto? The CFTC or the SEC? When the CFTC claims one crypto is a commodity and the SEC claims it is an unapproved security, what happens? Where is the actual framework (something more applicable to crypto than the dated Howie Test) to determine which cryptos are securities or not? That’s the clarity we need.

The SEC already aggressively pursues enforcement actions on crypt firms.. wrongfully claiming commodities and cryptocurrencies are securities. We do not need more enforcement power, we need actual regulation by Congress to determine (with modern tests) what is a security or not and whether it should fall under the SEC or the CFTC. All else is secondary to this.

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PositiveSubstance404 ✅ I Direct Registered 1 week ago

Our government is useless by design; So Frustrating!

2

PuzzleheadedArm7318 1 week ago

Made from lamb 😅

3

wratx 1 week ago

Is Lambo a new sandwich at McDonald’s that I have to learn to make now ?

7

Jazzlike_Holiday1992 1 week ago

Lambburger

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AnarchyCheesemonger 1 week ago

End the Fed and abolish the State. Just saying.

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TutekTheLegend Custom Flair - Template 1 week ago

End the fed, reform the state. Government is sadly, a necessary evil that needs to be restrained at all costs. The private sector is far more efficient at everything. The government is in dire need of a complete accountability reform with public checks and balances in place to keep an eye on them.

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AnarchyCheesemonger 1 week ago

You are right the private sector is more efficient at everything but that should lead us to say that everything government does could be done by private firms. This means government is not necessary and our society could be based in mutual respect for the individual and voluntary association. No more monopoly on violence and coercion. A necessary evil is still evil. I would rather just abolish the evil. 🙂

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Dull_Pains 1 week ago

No. Our society can not be based on mutual respect. Private sector willfully poisons people and gives them cancer for profit. It has always chosen to hurt people for profit. The private sector does not value the life of poor people. They will give no respect to human life.

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AnarchyCheesemonger 1 week ago

I guess Statists just gonna State.

1

eeksy 1 week ago

Reform cat shit wrapped in dogshit? Not a chance

5

TutekTheLegend Custom Flair - Template 1 week ago

It would work but it would take something never done before. Putting forth a vote on many reform issues for the people to vote on. Suspended until after the voting then New rules put in place for congress, house, senate etc. No rules put out for vote longer then a few layman written sentences. Very straight forward and then all information public for accountability purposes.

3

2

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iored 1 week ago

On one hand we use too much electricity...on the other there should be more EVs...and of course in the end it's all crypto's fault...wen personal body heat emissions mining? Sweat coin?

1

OneThatNoseOne Tin 1 week ago

Bad miners

Also let me run down our special petroleum reserve by historic numbers real quick

1

CatBoy191114 Platinum | QC: CC 261 1 week ago

Did they deliberately wait until after the merge? They holding eth or something?😂

3

OneThatNoseOne Tin 1 week ago

No no. I'm sure the report was finalised the literal day after the merge

2

CatBoy191114 Platinum | QC: CC 261 1 week ago

You had me in the first half, not gonna lie 😂😂😂

1

Beyonderr Platinum | QC: CC 1065 1 week ago

Thank you for sharing! There was a lot of confusion on this topic.

I love the end part of this article:

"Think of it this way. If a new industry came along tomorrow with the following properties:

It consumes energy, but it doesn’t matter where that energy is produced
It is fully digital, so requires no physical infrastructure aside from electricity, transformers, and a datacenter
It is completely interruptible, and can be curtailed fully at any time, so it could be fully offline whenever the grid needs it (a feature that renewable grids increasingly require)
Because it’s fully digital, it can be rendered as sustainable as its electricity inputs, and indeed, by most measures, it appears to be more sustainable than any single other heavy industry in the US
It renders a service giving property rights to the entire world
It buys up low or negatively-priced renewable energy, vastly improving the economics of new and existing renewable projects that would otherwise not be able to monetize
If the industry goes away, the infrastructure built could be repurposed for other location-agnostic uses, like the generation of green hydrogen, a key part of the renewable transition
It mitigates emissions associated with unavoidable gas flaring, a byproduct of oil extraction
It rebuilds a high-energy infrastructure in the heartland of America, laying the groundwork for a desperately needed reshoring of industrial capacity
If you ban it, its aggregate emissions will go up. If you embrace it, its aggregate emissions will go down
If you ban it, you empower your enemies, like Russia, Iran, Venezuela, and North Korea. If you embrace it, you directly hurt them, and give their citizens tools to free themselves from those oppressive regimes.
It represents tens of billions of equity value and offers a massive tax windfall to states that can sell their otherwise unsold energy to the producers of this product

… would you ban this industry? Or would you embrace it? I know my answer."

You would of course embrace it.

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Baecchus Platinum | QC: CC 437 | r/WSB 11 1 week ago

An article from medium that's not complete garbage? This is a rare occasion.

2

Beyonderr Platinum | QC: CC 1065 1 week ago

Is it normally such a poor website? I didnt know it to be honest.

1

raulbloodwurth Platinum | QC: CC 70, BTC 15 | Politics 57 1 week ago

The annotated PDF is here.

3

coinfeeds-bot Approved CC Bot 1 week ago

tldr; The White House Office of Science and Technology Policy (OSTP) conducted a study into the climate impacts of crypto mining as part of President Biden’s executive order. The report takes an extremely harsh stance on miners utilizing renewable sources, chastising miners for using renewables and laying out an extremely narrow set of conditions where their use would be acceptable.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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Spartan3123 Platinum | QC: BTC 159, XMR 67, CC 22 1 week ago

First it was miners using too much dirty coal, and the goal post keeps shifting. If they used their own grid i am sure they would say miners are increasing prices for solar cells. Ironically a customer that can easily turn off and has constant demand for power actually increases the commercial viability of grid scale solar. Because during the day grid scale solar often gets curtailed because too much energy from retial solar overloads the grid.

1

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