A couple of years ago I wrote a tweet thread about how I'd begun to see people in the crypto and finreg spaces expressing excitement about the traceability of cryptocurrencies.
Thinking back to it as I watch Senators and crypto industry executives talk about how delightfully traceable public blockchains are. No pesky warrant required!
NYC, 1919: Perched on a towering pile of donated books, a librarian calls from a megaphone to request more book donations for American troops stationed in France. The American Library Association’s campaign sent up to 55,000 books each month to military camp libraries.
Lawsuits like this one are not something to celebrate just because you hate Fox News.
I'm not normally one to agree with Fox, but they're right in their statement that suits like this are "designed to chill free speech critical of [Newsom]."
Federal Housing Finance Agency Director William Pulte: “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage”
Notably, at this point they are merely directed to “prepare a proposal for consideration”.
Also notable: “Each Enterprise is directed to consider only cryptocurrency assets that can be evidenced and stored on a U.S.-regulated centralized exchange”.