Ass't Prof. @WillametteLaw. President @TheMMTNetwork. Network Manager @FreedomBoxFndn. Vice-Chair (Privacy) Digital Currency Global Initiative @Stanford/@ITU

Joined June 2010
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Thrilled to share this 1-on-1 interview with former U.S. Mint Director @PhilipNDiehl, where we discuss his career, the institutional evolution of the U.S. Mint, coinage, intra-governmental politics and accounting, and of course, #MintTheCoin. redirect.invidious.io/watch?v=vKyF67lE…
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Rohan Grey retweeted
“Austerity is killing us,” says @rohangrey. “This scarce money fear-mongering is getting in the way of getting to the real conversation about what our actual capacity constraints are and how we should be addressing them.” bit.ly/3BPxVlV
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Rohan Grey retweeted
Probably normal for a multibillion dollar company to have 29 banking relationships without paper trails 😬😬
Replying to @BennettTomlin
Another fascinating insight was into how Tether does business, with them having 51 different arrangements for others to hold Tether funds, with 29 of them having no written contract or agreement. A strange arrangement for what was at the time a multi billion dollar enterprise
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nah, it's entirely fair. Libra made *the same* bad and stupid promises two-bit ICOs made; they were bad then too, just Facebook's scale meant it was actually urgent to squash it like a bug. but that doesn't mean penny stock frauds on the blockchain were somehow any better
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can confirm. Read the papers coming out of the central banks - they're afraid of non-bozos trying to do a Libra
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I would fully agree with Rohan that they're the actual reasons for all the recent proposals cryptocurrency inspired endless blue sky CBDC research papers, it was only Libra and China that got those papers dusted off source: I did in fact read up on this saga in detail
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no, you're arguing "we should do something, this terrible idea is something, therefore we should do this" that's not a good argument
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Schrodinger's stablecoin
This is the main Tether thing that always worried me. That they could just mint USDT for certain customers without a corresponding deposit. This is basically lending USDT on an unsecured basis & could result in market manipulation by the recipients.
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Rohan Grey retweeted
And yet, wealth-based human caging is so normalized (and beneficial) for prosecutors, judges, and wealthy bureaucratic interests that our civilization is still pretending to argue about this issue in its highest courts as if it's a serious intellectual question.
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Rohan Grey retweeted
Think about how easy this legal question should be. It is easy for people like my grandmother--she got to listen to the oral argument online and immediately thought we won the case because she believes that it's wrong to put someone in a cage because they are poor.
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Rohan Grey retweeted
Anderson escaped the raid and even worked with pioneering Black female publisher and lawyer Mary Ann Shadd Cary to release a first-hand account of the event, which you can read here: archive.org/details/voicefro…
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Famously the only people who have ever changed laws or public policy have been those who worked within existing power structures. Real smooth brain shit.
Please only work within existing power structures. Return to your 9 to 5 job at once. In a couple years we can discuss your promotion to IBM’s band 9. We totally will take of you with a pension we really promise.
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Lotta people need to read better.
Replying to @IGotThisTrustMe
I think you're missing the irony in my initial comment.
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I'm sure you'll make plenty of money and go legit like all other private financial capitalist ventures that convince themselves they're going to disrupt the system eventually do. Unfortunately that has nothing to do with monetary privacy.
Happy to see how well Rohan’s tired boomer takes age. Oh and btw, now that we’ve worked outside power structures we will work within them. Within at the most five to ten years the crypto lobby will be one of the most feared lobbies in Washington.
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Rohan Grey retweeted
Here's a cool #NFT project from my friend @JamesFTierney titled "The Value of NFTs." It's a reflection on how the possibility of regulation should affect the perceived value of investing in securities art NFTs. Check it out! opensea.io/collection/the-va…
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See ok now you’re cooking with fire
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