#  @austincampbell Austin Campbell Austin Campbell posts on X about crypto, in the, if you, coinbase the most. They currently have [------] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours. ### Engagements: [-----] [#](/creator/twitter::1625681692848537603/interactions)  - [--] Week [-------] +254% - [--] Month [-------] -53% - [--] Months [----------] +125% - [--] Year [----------] -65% ### Mentions: [--] [#](/creator/twitter::1625681692848537603/posts_active)  - [--] Week [--] +22% - [--] Month [---] -14% - [--] Months [---] +81% - [--] Year [---] -6.70% ### Followers: [------] [#](/creator/twitter::1625681692848537603/followers)  - [--] Week [------] +0.31% - [--] Month [------] +0.71% - [--] Months [------] +9.10% - [--] Year [------] +37% ### CreatorRank: [-------] [#](/creator/twitter::1625681692848537603/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 36.8% [technology brands](/list/technology-brands) 12% [cryptocurrencies](/list/cryptocurrencies) #6888 [stocks](/list/stocks) 8.8% [exchanges](/list/exchanges) 8.8% [countries](/list/countries) 4.8% [social networks](/list/social-networks) 2.4% [celebrities](/list/celebrities) 1.6% [currencies](/list/currencies) 1.6% [gaming](/list/gaming) 1.6% **Social topic influence** [crypto](/topic/crypto) #6960, [in the](/topic/in-the) 12.8%, [if you](/topic/if-you) 8.8%, [coinbase](/topic/coinbase) 7.2%, [stablecoins](/topic/stablecoins) #101, [money](/topic/money) 6.4%, [bitcoin](/topic/bitcoin) 5.6%, [ftx](/topic/ftx) 5.6%, [space](/topic/space) 5.6%, [bank](/topic/bank) #2569 **Top accounts mentioned or mentioned by** [@secgov](/creator/undefined) [@coinbase](/creator/undefined) [@niccarter](/creator/undefined) [@laurashin](/creator/undefined) [@mrbeast](/creator/undefined) [@sytaylor](/creator/undefined) [@ritchietorres](/creator/undefined) [@binance](/creator/undefined) [@krakenfx](/creator/undefined) [@iampaulgrewal](/creator/undefined) [@lb_412](/creator/undefined) [@sattrsats](/creator/undefined) [@ladeedahh2](/creator/undefined) [@kimchipump](/creator/undefined) [@mikulaja](/creator/undefined) [@thestalwart](/creator/undefined) [@victoreram1](/creator/undefined) [@rationalist2000](/creator/undefined) [@ethena](/creator/undefined) [@warrendavidson](/creator/undefined) **Top assets mentioned** [Coinbase Global Inc. (COIN)](/topic/coinbase) [Bitcoin (BTC)](/topic/bitcoin) ### Top Social Posts Top posts by engagements in the last [--] hours "This hits on a larger problem as to why our financial system is increasingly broken: People are not financially literate so there is no incentive to accurately police the system and expert operators can then exploit this for their profit. Capping credit card interest rates polls extremely well but if you actually did it there would be perverse consequences that make people mad. So Trumps strategy is to say hes doing it then not actually do it and I guess hope nobody notices. https://t.co/aL3e8AYKIy https://t.co/USy3CC2gIZ Capping credit card interest rates polls extremely well but if you" [X Link](https://x.com/austincampbell/status/2016873754681364766) 2026-01-29T13:59Z 19.6K followers, [----] engagements "One of our two political parties is eventually going to propose cutting entitlements for the rich elderly raising capital gains taxes then lowering income taxes with the surplus. That party is going to win massively with everyone under 55" [X Link](https://x.com/austincampbell/status/2017966486594179099) 2026-02-01T14:21Z 19.7K followers, [----] engagements "Unreal. @PalmerLuckey is a GOAT hater. He's the LeBron James of haters. It's not that he had a high peak of hating (Jordan) it's that even longer than any normal human could do it he keeps hating at an all-world level. He's going to have a son hating on @X before he retires. Notice how Fat Jason's statement very carefully avoids the topic people are actually talking about his ongoing relationship with and aid to a convicted child rapist and sex trafficker well into the 2010s. Instead he is still pretending it was all decades ago talking about Notice how Fat Jason's statement very carefully" [X Link](https://x.com/austincampbell/status/2018386490653327494) 2026-02-02T18:10Z 19.7K followers, 10.8K engagements "How long until @elonmusk just buys @paypal with his pocket change to do payments" [X Link](https://x.com/austincampbell/status/2019048373064519725) 2026-02-04T14:00Z 19.6K followers, [----] engagements "The rules aren't even written yet These are purely theoretical concerns will purely theoretical wrongs (there are no GENIUS issuers yet because again the rules are not written). She's mad unregulated stablecoins are doing things the regulations prevent them from doing New York Attorney General Letitia James slams stablecoin law GENIUS citing consumer protection concerns https://t.co/ccdVjNnZL9 New York Attorney General Letitia James slams stablecoin law GENIUS citing consumer protection concerns https://t.co/ccdVjNnZL9" [X Link](https://x.com/austincampbell/status/2019089081976709173) 2026-02-04T16:42Z 19.6K followers, [----] engagements "I think a lot of the disillusionment is that many of the folks in crypto were half-wide-eyed idealist who thought reinventing banking would be easy and half either deliberate or inadvertent scammers who launched tokens into huge fanfare PR and self-enrichment without having any you know business. Now they get into the weeds as traditional firms come into the space and it turns out that: Risk management is hard Building products consumers actually want is hard Reinventing the system means probably having to understand the system in the first place Real-world assets are going to be governed by" [X Link](https://x.com/austincampbell/status/2019242339756068891) 2026-02-05T02:51Z 19.7K followers, 42.7K engagements "@DPGSpurs I think that just like Rs they want a compromise not to pick one side or the other" [X Link](https://x.com/austincampbell/status/2019256937922355277) 2026-02-05T03:49Z 19.6K followers, [--] engagements "I have now heard from multiple crypto friendly democrats express how angry about this tweet they are. Please make sure whatever staffer just cost the Democrats hundreds of millions in money and many votes isn't being secretly paid by the R side. Yikes https://t.co/dfvbKMSRou Yikes https://t.co/dfvbKMSRou" [X Link](https://x.com/austincampbell/status/2019900946890063937) 2026-02-06T22:28Z 19.7K followers, 54.5K engagements "@dmartkc @DSBatten @PerianneDC @TheDemocrats That is not what the data shows. If you drill in on views on economics and jobs fostering tech and financial innovation ranks quite high. Meme token operators No. People who think BTC and stablecoins matter 100% cost votes esp. under [--] men" [X Link](https://x.com/austincampbell/status/2019905885309661189) 2026-02-06T22:47Z 19.6K followers, [--] engagements "@Ladeedahh2 You mean like in the last election which is why Harris is president" [X Link](https://x.com/austincampbell/status/2019943847564857653) 2026-02-07T01:18Z 19.6K followers, [---] engagements "It appears the @Seahawks are better at soccer" [X Link](https://x.com/austincampbell/status/2020681746149155080) 2026-02-09T02:10Z 19.7K followers, [----] engagements "I think we can all agree that was a pretty extra way for @coinbase to say they were bringing on @nic_carter" [X Link](https://x.com/austincampbell/status/2020918543357755616) 2026-02-09T17:51Z 19.7K followers, [----] engagements "@kimchipump @MrBeast Unmatched distribution is a way bigger advantage than any current fintech has" [X Link](https://x.com/austincampbell/status/2021043632036511903) 2026-02-10T02:08Z 19.7K followers, [--] engagements "@sytaylor @AlexH_Johnson @FintechNerdCon We should at some point" [X Link](https://x.com/austincampbell/status/2021219275583721856) 2026-02-10T13:46Z 19.7K followers, [--] engagements "@sytaylor @MrBeast With an uncertain profit model previously but the branding and distribution is itself a value add. I have many thoughts. Maybe a longer post" [X Link](https://x.com/austincampbell/status/2021219441552339148) 2026-02-10T13:47Z 19.7K followers, [--] engagements "@mikulaja @MrBeast" [X Link](https://x.com/austincampbell/status/2021220114670948359) 2026-02-10T13:50Z 19.7K followers, [--] engagements "This is wrong. Your mental model for bank tech should be the Adeptus Mechanicus from Warhammer 40k. Worship and veneration of ancient technology replete with candles incense and gregorian chants to make your spreadsheet reload. Nobody knows why it works. You aren't allowed to change anything. The knowledge of how it was built is forever lost. But the great and powerful machine god keeps it all moving forward if you just do the rituals. Anthropic engineers when they see how even the best financial services companies are run https://t.co/s98qfrphU4 Anthropic engineers when they see how even the" [X Link](https://x.com/austincampbell/status/2020895934255652891) 2026-02-09T16:21Z 19.7K followers, 146.9K engagements "@TheStalwart Obviously the discounted future cash flows of silver have declined Joe" [X Link](https://x.com/austincampbell/status/2021990105725251885) 2026-02-12T16:49Z 19.7K followers, 29.8K engagements "The real question is which state is going to zig while the others zag and massively raise taxes on the elderly while cutting them on the young. That state will dominate job creation. Were reaching levels of Boomer Luxury Communism never seen before. Were reaching levels of Boomer Luxury Communism never seen before" [X Link](https://x.com/austincampbell/status/2021990575357239424) 2026-02-12T16:51Z 19.7K followers, 56.3K engagements "They haven't done the homework Most bank policy people can't even explain how a stablecoin is created or if deposits move or are destroyed when it happens. Folks in the room of WH crypto-bank meeting have told me the two industries had very different approaches to initial negotiations. Crypto reps wanted to talk specific potential solutions on yield. Bank trade reps mostly avoided details did not want to discuss discrete solutions Folks in the room of WH crypto-bank meeting have told me the two industries had very different approaches to initial negotiations. Crypto reps wanted to talk" [X Link](https://x.com/austincampbell/status/2018473699901325671) 2026-02-02T23:56Z 19.7K followers, [----] engagements "No. Notable you never hear about a shadowy cabal of banks using futures to push up prices when things are moving to the upside and how all the gains to BTC holders are fake. This is conspiracy theorist thinking; it was wrong about silver and it's wrong here. Very easy to blow out futures positions if there is not physical to deliver. The silver thing is the classic case of people not understanding how hedging works. If you're a silver miner and you are locking in future prices you short with a bank who then goes and shorts in the general market to hedge that. The great conspiracy of why there" [X Link](https://x.com/austincampbell/status/2019132343118696826) 2026-02-04T19:33Z 19.7K followers, [----] engagements "Step is not a bank to be clear. It's a fintech platform reliant on banking partnerships. I do think this is a good move for @MrBeast given the distribution angle but I also think this is going to be much more complex to run well than people expect. High risk high reward. MrBeast just bought a $920 million fintech for whats almost certainly less than $200 million. And thats not even the interesting part. Beast Industries is valued at $5 billion. Step raised $500 million and hit that $920 million valuation in [----] before the fintech downturn MrBeast just bought a $920 million fintech for whats" [X Link](https://x.com/austincampbell/status/2021040213850800375) 2026-02-10T01:55Z 19.7K followers, [----] engagements "I have been thinking quite a bit about the @step acquisition by @MrBeast and I think it is vastly more interesting than people give credit for. I see a number of ships sailing together here that are potentially quite relevant. One: financial education is basically Marianas trench level down bad. Almost nobody can explain basic facts of how checking accounts savings accounts stocks bonds or just moving money around works. I know this because I have taught classes on this stuff and even financial professionals constantly get it wrong. "Is a bank deposit destroyed when you buy a sandwich"" [X Link](https://x.com/austincampbell/status/2021269673250001385) 2026-02-10T17:06Z 19.7K followers, [----] engagements "I will take this one step further. Banking regulators have been demanding the mantra "technology neutral" for a long time. How about the following proposal: whatever rewards language we come up with it applies to ALL financial products not just stablecoins This is more restrictive than the recent draft language. Im ok with linking payments to holders of a payment stablecoin to some sort of kpi just like all loyalty programs but the words use and purchase have no reason to be here - would specifically infringe on current This is more restrictive than the recent draft language. Im ok with" [X Link](https://x.com/austincampbell/status/2021597852409934272) 2026-02-11T14:51Z 19.7K followers, [----] engagements "The great irony is that these are the central positions of crypto that the Biden admin opposed. A movement of people opposed to central banking are about the last ones who want bailouts or government control. Regulations is what people were asking for (see crypto support for Genius and Clarity predecessors as early as [----] or NYDFS stablecoin regulation in 2p18). Yet the Biden admin opposed regulations refused to write rules ran operation chokepoint [---] to attempt to drive the industry offshore and then hilariously bailed out the crypto industry with the SVB bailout the biggest beneficiary of" [X Link](https://x.com/austincampbell/status/2021662924884836435) 2026-02-11T19:09Z 19.7K followers, [----] engagements "@victoreram1 David is a truly talented pollster I think he is being given bad context by some of the folks around him. Crypto is not his central expertise and unfair to expect that imo" [X Link](https://x.com/austincampbell/status/2021664921440735251) 2026-02-11T19:17Z 19.7K followers, [--] engagements "This ends in tears. Soon there will be no one left to stop me from trading onion futures Soon there will be no one left to stop me from trading onion futures" [X Link](https://x.com/austincampbell/status/2021761177265619195) 2026-02-12T01:40Z 19.7K followers, [----] engagements "This is a terrible mistake by @ZohranKMamdani and is going to lose him a lot of support right out of the gate. Letting the homeless do drugs and rot to death in public is horrifying. There is bipartisan support in NYC for getting the homeless off the streets and off the subways where they are torturing themselves to death with drugs and mental illness while also inflicting that on others. This is both a human welfare and safety issue and this policy will make everything worse for everyone with no benefit to anyone. What we need is effective mandatory treatment regimes and confinement when" [X Link](https://x.com/austincampbell/status/1996972936981262588) 2025-12-05T16:00Z 19.7K followers, 28.1K engagements "More of people misunderstanding the market. This strikes me as peak navel-gazing US exceptionalism and abject denial of reality. Here is the truth with apologies to all the Tether truthers that have been losing many many millions of dollars shorting an obvious fraud: [--] - Tether is dominant because they had a [--] year head start have the best offshore liquidity and have always managed redemptions well. Can anyone raise their hand and tell me when Tether refused to redeem at par for them [--] - Tethers lack of US nexus (they stringently do not serve US persons or counterparties) is considered a" [X Link](https://x.com/anyuser/status/1724849580490055779) 2023-11-15T17:59Z 19.7K followers, 256.7K engagements "SEC believes act written before the existence of the internet clearly spells out requirements for crypto exchanges That is basically the headline today given that the SEC has rejected Coinbases application for rule making. There are several points to dig into here so I want to address them in turn. One: this is a large departure from past conduct by the SEC. During the era of structured products with ABS and MBS on the rise the SEC was more than willing to meet with the industry discuss rules and provide interpretive guidance based on the specific nuances of those products and how many of the" [X Link](https://x.com/anyuser/status/1735715971187233273) 2023-12-15T17:38Z 19.7K followers, 40.9K engagements "Disagree with almost all of this. One we see plenty of fully reserved banks: they are called money market funds and the government version in particular have vastly outperformed fractional reserve banks in terms of safety. Two the FDIC reserve fund is not infinite. Something like 1% of total deposits can be covered by the insurance fund maybe less than that depending on insurance rates and growth rates in deposits. The punch line there is a real risk in 2008-era events even to insured depositors. So I would not over-index on "hey it seems to work for now" regarding the FDIC especially in a" [X Link](https://x.com/austincampbell/status/2020973262742642994) 2026-02-09T21:29Z 19.7K followers, 12K engagements "In the latest newsletter linked below we address one of the hottest topics in finance: prediction markets and @kalshi in particular. Prediction markets in general are kind of a cool innovation when used well. The question though is that last part: when are they being used well and who gets to make that call I am very certain the marketing around Kalshi and things like Giannis Antetokounmpo starting a trade rumor to drive volume before disclosing he was a partner/investor are on the wrong side of "when used well" similar to derivatives on underlying prediction markets driving synthetic action." [X Link](https://x.com/austincampbell/status/2021242595255452004) 2026-02-10T15:19Z 19.7K followers, [----] engagements "I don't think this is a correct statement on the core roles of banks. You have compacted 95% of the activity of a bank into a single (very underspecified and incorrect) point [--]. This misconception of how banks operate is a lot of why crypto is having problems in tradfi also. The fundamental roles of banks are being abstracted and programmatized https://t.co/LYdQ3rejRy The fundamental roles of banks are being abstracted and programmatized https://t.co/LYdQ3rejRy" [X Link](https://x.com/austincampbell/status/2021981664852029871) 2026-02-12T16:16Z 19.7K followers, [----] engagements "What do you think the impact of stablecoins on US bank deposits will be: Less Deposits More Deposits Same Amount of Deposits Less Deposits More Deposits Same Amount of Deposits" [X Link](https://x.com/austincampbell/status/2022312656510628138) 2026-02-13T14:11Z 19.7K followers, [----] engagements "@rationalist2000 @stevemur @VijayInWA It's almost empty and everyone is dying off" [X Link](https://x.com/austincampbell/status/2022404655188435436) 2026-02-13T20:16Z 19.7K followers, [--] engagements "On the subject of the argument between @KeithGrossman and @a_greenberg & @WIRED I am of two minds. First: I don't think you're going to find someone more opposed to money laundering and financial crime in this industry. I've openly said I think we need vastly stronger penalties for financial criminals up to and including the death penalty. I think way too many people have gotten away with way too much for way too long. If you think I don't think such things are an issue you genuinely don't know who I am. Second: I think Andy and Wired are doing great work exposing things like the Cambodian" [X Link](https://x.com/austincampbell/status/2022434560466722900) 2026-02-13T22:15Z 19.7K followers, [----] engagements "@BenStinar An integral role player on a Miami Heat [----] championship team" [X Link](https://x.com/austincampbell/status/1670148095936454660) 2023-06-17T19:15Z 19.7K followers, 67.3K engagements "Absolute clown tier take. They missed FTX 3AC Celsius and LUNA and are now attacking @coinbase likely the best actor in the space. I couldnt have hurt consumers more than the SEC if I tried. @RepDanGoldman Youve lost my vote and a lot others if you dont fight this. Despite Republican attacks the @SECGov is hard at work implementing a regulatory agenda that: ✔ protects investors ✔ promotes capital formation ✔ ensures the safety & soundness of our capital markets 💻: https://t.co/v7OR7hOJan 📻: https://t.co/pSasYgZmRX https://t.co/JebuxUY9kX Despite Republican attacks the @SECGov is hard at" [X Link](https://x.com/austincampbell/status/1671942754165817360) 2023-06-22T18:06Z 19.7K followers, 25.4K engagements "It is worth noting that the SEC failed to stop or impede any of Mt Gox Terraform labs Celsius Blockfi or FTX but have inexplicably gone after LBRY Coinbase and XRP none of whom have committed fraud or deliberately damaged consumers. This stance by the Ds is not credible. The Republican market structure bill otherwise known as the Not Fit for the 21st Century Act is a rushed piece of legislation that: 🚩 lacks adequate funding 🚩 creates MORE confusion & complexities 🚩 hamstrings efforts to go after bad actors 🚩 lets crypto criminals off the https://t.co/3bTEi4FXrh The Republican market" [X Link](https://x.com/anyuser/status/1684250370522873862) 2023-07-26T17:12Z 19.7K followers, 79.6K engagements "One thing I would urge people to do in the wake of the Stablecoin bill making it to the House floor is to pay attention to what is really going on. Despite all the social media screaming about polarization despite the claims we cannot act here we have a historic chance to bring clear rules and good governance over the application of an old idea (stable financial products) to a new technology (blockchain). We have both Republicans and Democrats working side by side to make this happen in direct violation of the prevailing political narrative. Yes this is less exciting than flaming everyone." [X Link](https://x.com/austincampbell/status/1685069434329661440) 2023-07-28T23:27Z 19.7K followers, 72.6K engagements "This sort of thing is exactly how we know the SEC is not acting in good faith. There are tokens that probably are securities here and there but. everything So the SEC thinks PAXG (tokenized gold) and Doge are securities Embarrassing" [X Link](https://x.com/anyuser/status/1685867383863296000) 2023-07-31T04:18Z 19.7K followers, 72.6K engagements "I just had a profoundly depressing dinner with one of my friends in the crypto space. I can't say too much about who this is other than that he's former military in a nation very friendly to the United States and someone who firmly believes in financial inclusion and fairness. Also hates crime and preying on the financially unsophisticated. Here are some quotes he let me share: "This Treasury news is actually great news for the space. Projects will finally give up on US users and the US to wall itself off and become a backwater. Good I'm tired of everyone gimping the tech just because the US" [X Link](https://x.com/anyuser/status/1695237457103454271) 2023-08-26T00:51Z 19.7K followers, 262K engagements "@ClimateDefiance You know you are profound failures when you make the large bank the good guy" [X Link](https://x.com/anyuser/status/1702424672108007876) 2023-09-14T20:50Z 19.7K followers, [----] engagements "As someone who works in crypto but has a background in both reinsurance and tradfi I have some views here. To give a little background I've been involved in the tokenization of assets at scale I've traded all kinds of fixed income and I've managed one of the largest ILS portfolios in the world. I'm not speaking as a casual here. Some thoughts: [--] - You do not get to magically say blockchain lowers risk and wave your hand at it then move on. In many cases tokenizing assets and putting them on a blockchain is adding a layer of risk (you've added another ledger and a 24/7 system with different" [X Link](https://x.com/anyuser/status/1707574873436901881) 2023-09-29T01:55Z 19.7K followers, 295.2K engagements "I want to be clear that this is an absolutely insane clown tier take and @SMTuffy is 100% correct to call this out. The customer deposits DID NOT EXIST. They had been either stolen (for personal use or to give to politicians) or they had been converted into things that were not the original source of deposits (like taking BTC and converting it to oh I don't know FTT). To give a real world equivalent in stocks if you gave your custodian stock in JPM and rather than keep that they gave 25% of it to a politician they liked and YOLO'd the other 75% into a levered position on Lehman Brothers then" [X Link](https://x.com/anyuser/status/1708680976597995834) 2023-10-02T03:11Z 19.7K followers, 132.4K engagements "With apologies to my friend @nic_carter and @CryptoHayes this is not a great design for long-term stability. So first let's talk about the mechanics of what is going on with Ethena. In a traditional crypto-backed stablecoin what you have is a pile of collateral that is supposed to support the value of the stablecoin. To make it "safe" you hold a lot more of the collateral than you hold of the stablecoin itself. Good news: this works as long as markets don't gap horribly and you can liquidate in orderly fashion (which works until 2008-like events happen as tradfi learned the hard way). Bad" [X Link](https://x.com/anyuser/status/1711404834878877730) 2023-10-09T15:34Z 19.7K followers, 236.7K engagements "The LBRY settlement is a picture-perfect example of how not to regulate and should be considered a national scandal. With @HesterPeirce's statement today I feel that I should finally weigh in on this one to make clear just how wildly egregious the conduct of the SEC was in this case. To refresh people on the facts @LBRYcom is a decentralized file-sharing platform intended for that purpose. There's no deception here and while there are possible arguments that file-sharing itself is a problem none of those are specifically relevant to the SEC's case. Instead the SEC had a problem with a token." [X Link](https://x.com/anyuser/status/1717986659533230343) 2023-10-27T19:28Z 19.7K followers, 191.7K engagements "To pile on here this is the equivalent of saying cash should be illegal. To be clear Elizabeth Warren is arguing for the sort of bank-captured surveillance state that would make the large banks into extremely powerful monopolies and allow Washington to exceed China in spying. Casting non-custodial wallets as illegitimate technology is not just misleading it is a gross denial of the human right to property. Self-custody is guaranteed by Article [--] of the Universal Declaration of Human Rights and the Fifth Amendment of the U.S. Constitution. Casting non-custodial wallets as illegitimate" [X Link](https://x.com/anyuser/status/1719739184758309081) 2023-11-01T15:32Z 19.7K followers, 31.3K engagements "Today the SEC appears to have continued their ongoing crusade to protect terrorist funding and large bank monopolies at the expense of the American consumer innocent civilians in warzones and technology that was created after the year [----]. I want to be clear that I'm not anti-regulator in saying this. Quite the reverse actually I have a lot of respect for the work of the Federal Reserve the NYDFS the JFSA the CFTC and others. Are they perfect No nobody is. Are they more of a positive force than most people who complain about regulators want to admit With almost 100% certainty. I've had my" [X Link](https://x.com/anyuser/status/1720065721734992163) 2023-11-02T13:09Z 19.7K followers, 302.1K engagements "This is literally the opposite of a serious blow to the crypto space. This is a serious blow to scammers frauds and bad actors and a serious positive for those who actually care about the space. .@TheJusticeDept has charged @SafeMoon's executive team with a massive fraud scheme. Allegations include misappropriation of funds for personal gains. Its a serious blow to the crypto space. https://t.co/FAZigIe2VB .@TheJusticeDept has charged @SafeMoon's executive team with a massive fraud scheme. Allegations include misappropriation of funds for personal gains. Its a serious blow to the crypto" [X Link](https://x.com/anyuser/status/1720872335232668063) 2023-11-04T18:35Z 19.7K followers, 55.5K engagements "I have in my grubby little paws the latest proposal dated from today that Treasury has sent to the Senate Banking committee and boy do I have thoughts. To summarize for the crowd Treasury is asking for an unprecedented level of expansion of their powers in order to combat the problem of illicit finance with the introduction letter referencing the now highly discredited WSJ article claiming Hamas is turning to crypto to fund their operations. I want to walk through the proposals and the ramifications of each. Some of them are actually pretty decent. Some of them are profoundly horrifying. It's" [X Link](https://x.com/anyuser/status/1729693478232215923) 2023-11-29T02:47Z 19.7K followers, 227.4K engagements ""Fuck the SEC" I am sure you are used to this sentiment coming from the crypto folks but what if I told you that it was not in fact the crypto crowd that just said this but rather a federal judge in Utah. Don't believe me Read on. For those who have forgotten among the many battles the SEC has picked they are attempting to go after Debt Box where they alleged that Debt Box was essentially a fraudulent enterprise and received a TRO against them (as reported by @CoinDesk among others). There's a small teensy tiny problem with that situation now though which is that a federal judge just found" [X Link](https://x.com/anyuser/status/1730570634768375910) 2023-12-01T12:52Z 19.7K followers, 1.4M engagements "Live look inside SEC headquarters this weekend (ht. @shirliishirlii):" [X Link](https://x.com/anyuser/status/1731090060940886090) 2023-12-02T23:16Z 19.7K followers, 56.2K engagements "I never thought I would see the day when Elizabeth Warren became a proud champion of big banks. Yet today is that day. Imagine going back to the Occupy Wall Street protestors in Zucotti park and showing them what I have in my hands right now. What is that you ask I am holding a copy of the letter that Elizabeth Warren is sending to crypto companies lobbying firms and trade associations attempting to bully them into supporting her bill that would further cement TBTF bank monopolies and restrict innovation to get around their vampiric grasp on the financial system. Warren begins this odious" [X Link](https://x.com/anyuser/status/1737132781015114003) 2023-12-19T15:28Z 19.7K followers, 98.3K engagements "When I said earlier that Elizabeth Warren was in the pocket of the banks this is why. All Americans should be outraged that banks which are the main facilitators of money laundering to terrorist groups are using that as a fake concern to entrench their monopolies. Who could be so brazen as to write legislation that would effectively ban #crypto Senator @RogerMarshallMD the GOP frontman of the crypto ban bill revealed the American Bankers Association wrote it. #StopCryptoBan https://t.co/dHufIaXB7i Who could be so brazen as to write legislation that would effectively ban #crypto Senator" [X Link](https://x.com/anyuser/status/1737207708346986990) 2023-12-19T20:26Z 19.7K followers, 30.5K engagements "It's a good thing the SEC hasn't been running around lying in Federal court and committing perjury or it would be pretty difficult to take this seriously. Oh wait. There is a lot of noncompliance in the crypto space. It undermines confidence when so many people have been hurt and all they can do is stand in line in the bankruptcy court. Further this can make it hard for the good faith actors to compete. https://t.co/9L1WKa4R6S There is a lot of noncompliance in the crypto space. It undermines confidence when so many people have been hurt and all they can do is stand in line in the bankruptcy" [X Link](https://x.com/anyuser/status/1737979410089668756) 2023-12-21T23:32Z 19.7K followers, 44.8K engagements "They wont stop attacking crypto until their supporters actually turn on them. I now refuse to vote for any anti-crypto politician (meaning if Biden is the nominee I will not vote for him despite being a Dem). Almost every cryptolawyer I know is a strong Biden/Dem supporter despite Biden being/current Dem party being the most anticrypto antitech anti-free-market president/party in history. Lesson in there but not sure what the lesson is. Almost every cryptolawyer I know is a strong Biden/Dem supporter despite Biden being/current Dem party being the most anticrypto antitech anti-free-market" [X Link](https://x.com/anyuser/status/1740732111882195203) 2023-12-29T13:50Z 19.7K followers, 89.9K engagements "Am I crazy or did Better Markets really just publish a screed replete with typos urging the SEC to literally ignore a federal judge and the law and do what they want anyways Better Markets now dropping their comment on why the SEC should deny. Arguing that the @Grayscale court decision "should not compel the SEC to deviate from its previous well-grounded decision disapproving multiple spot Bitcoin-based ETPs" https://t.co/KVwhTKRRDL Better Markets now dropping their comment on why the SEC should deny. Arguing that the @Grayscale court decision "should not compel the SEC to deviate from its" [X Link](https://x.com/anyuser/status/1743435817606148265) 2024-01-06T00:54Z 19.7K followers, 116.7K engagements "Sounds like your agency might need an entirely new rules framework to address these novel technological risks you seem incapable of handling before you should be allowed to continue to operate in the United States The @SECGov twitter account was compromised and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. The @SECGov twitter account was compromised and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products" [X Link](https://x.com/anyuser/status/1744833752981782710) 2024-01-09T21:29Z 19.7K followers, 12.4K engagements "Read the entire document if you want to know why I called this out before and why I have specifically stated that the SEC is in a different category than all other Federal regulators. The SEC lied in court destroyed lives and was essentially at the center of a criminal conspiracy. It kicked off events that included children being interrogated at gunpoint by Federal agents entire businesses of innocent people being destroyed employees who had no involvement not being paid and massive amounts of retail investors being wiped out. I would like to know if any of the usual SEC defenders have" [X Link](https://x.com/anyuser/status/1747297767351873742) 2024-01-16T16:40Z 19.7K followers, 83.6K engagements "I am listening to the arguments in @coinbase vs. @SECGov and I'm pretty sure that the SEC just argued that Pokemon cards are securities. They said collectibles aren't securities because you have to buy into something that "gives you access" to the enterprise but isn't that exactly what a pokemon card does if you play the game You can't play the game without the cards And more so the collective efforts of the community to make the game more popular does increase the value of the cards. This is wild to me; I know we raise the Pokemon thing as "obviously you don't mean that" but if anyone else" [X Link](https://x.com/anyuser/status/1747659943405121688) 2024-01-17T16:39Z 19.7K followers, 100.8K engagements "This pathetic security theater is driving young people out of the Democratic party. They aren't stupid. This bill does not apply the same AML rules. If it did then your web browser would have to KYC you to visit Ebay and your car would have to KYC you to drive to the store. A new@USGAO reportconfirms that rogue nations are using crypto to dodgesanctions and undermine our national security. Its time for crypto to follow the same anti-money launderingrules as everyone else.Ive got a bill to make it happen. A new@USGAO reportconfirms that rogue nations are using crypto to dodgesanctions and" [X Link](https://x.com/anyuser/status/1749282860077404451) 2024-01-22T04:08Z 19.7K followers, 61.4K engagements "If shoddy work of such poor quality that I would fail one of my students for this sort of effort is all the ECB can manage it really makes me question if they are competent enough to manage a trans-national currency and monetary system. Bitcoin has failed to become a global decentralised digital currency instead falling victim to fraud and manipulation. The recent approval of an ETF doesnt change the fact that Bitcoin is costly slow and inconvenient argues #TheECBBlog https://t.co/e9Ek01Dism https://t.co/ddBFsv4g0w Bitcoin has failed to become a global decentralised digital currency instead" [X Link](https://x.com/austincampbell/status/1760687672367169704) 2024-02-22T15:27Z 19.7K followers, 70.5K engagements "If you think this is a joke I have been in a meeting with the SEC where almost exactly this happened. $100s of millions of investment money and tons of high paying jobs are leaving the US and founders aren't just refusing to return but actively distrust the US and its law now SEC Cmrs @HesterPeirce and @UyedaMark w/ a 🔥dissent on the @ShapeShift settlement. Namely that the SEC: 1) doesnt specify which of the [--] assets might constitute investment contracts 2) doesnt allege any fraud or consumer harm occurred What its like for a crypto startup: https://t.co/5XDBEOl53c SEC Cmrs @HesterPeirce" [X Link](https://x.com/anyuser/status/1765428035132784973) 2024-03-06T17:23Z 19.7K followers, 108.1K engagements "The SEC is once again showing their hand as they are disclosing today that their enforcement crusade against crypto is also a sideshow to distract against their lack of pursuing cases against traditional financial firms. Why do I say this From the SIFMA conference today where Grubir Grewal (the evil Grewal sorry @iampaulgrewal) was speaking: 50% of SEC enforcement cases were crypto in [----]. Note that crypto is about a $2.7T market compared to $50T of US equity and $53T of debt along with untold derivatives notional. This means only one of two things can be true: [--] - Crypto markets are so" [X Link](https://x.com/anyuser/status/1769723012285141005) 2024-03-18T13:50Z 19.7K followers, 65.6K engagements "For those who were telling me I was being unfair to the @SECGov earlier please read this entire document. The SEC lied in court and doubled down when the judge noticed. Why should any American trust the SEC or believe they act in good faith after this "The Commissions above-discussed conduct constitutes a gross abuse of the power entrusted to it by Congress and substantially undermined the integrity of these proceedings and the judicial process. The operation of the American judicial system rests on the fundamental https://t.co/eBYI8AhJSt "The Commissions above-discussed conduct constitutes a" [X Link](https://x.com/austincampbell/status/1769841646789673439) 2024-03-18T21:41Z 19.7K followers, 51.2K engagements "@SoftBoobie5 @EFF If is doing so much work here. If you had 100% accuracy and no false positives Maybe. Is that anywhere close to reality No. We are at levels of if nobody ever got injured or killed in the French Revolution here" [X Link](https://x.com/austincampbell/status/1771568981683372307) 2024-03-23T16:05Z 19.7K followers, [----] engagements "So I am reading the Lummis-Gillibrand stablecoin draft and one of the things that makes it really really hard for me to be optimistic about these efforts sometimes is when there are catastrophic basic failures within these bills that I know are based upon things the folks in the crypto industry are asking for. What do I mean in this case Lets talk about a niche and nerdy issue which is the exact reserve requirements. What is in this bill Physical cash (LOL) bank deposits [--] day or less T-Bills and repurchase agreements of up to [--] days. To most people This seems innocuous. To me Reading that" [X Link](https://x.com/austincampbell/status/1780599722388095421) 2024-04-17T14:10Z 19.7K followers, 73.6K engagements "Spoken like someone who doesnt understand how existential this may be. @MollyJZuckerman if four more years of the Biden admin means I will be leaving the country likely renouncing my citizenship and becoming an active advisor to companies and nations who are fully intending to use blockchains to seize control of the financial rails from the United States youre saying I should still put that aside and not vote on that basis Im not sure what a more relevant single issue voter scenario could be than one having a fork in the road between living in the US vs. not just leaving but a likely lifetime" [X Link](https://x.com/anyuser/status/1789327345519591643) 2024-05-11T16:10Z 19.7K followers, 91.4K engagements "The SEC is an agency that has abandoned the rule of law to attack the industry most likely to challenge the power of entrenched financial institutions. Really makes you think doesnt it In a brief to avoid dismissal of its case against Debt Box with prejudice @SECGov includes a remarkable admission that it did not follow its own typical Wells process when it refused to tell us what assets would be charged as securities: "The Wells process is designed to aid In a brief to avoid dismissal of its case against Debt Box with prejudice @SECGov includes a remarkable admission that it did not follow" [X Link](https://x.com/anyuser/status/1790161640614490422) 2024-05-13T23:26Z 19.7K followers, 34.5K engagements "Tomorrow the Senate will vote on the SAB-121 repeal. It may be the only thing the crypto and tradfi industry agree upon. First to re-iterate SAB-121 is the rule that the SEC unilaterally adopted with no consultation with the industry that says the following: Unlike all other forms of custody if you custody crypto assets you must put them on your balance sheet as though you own them and hold capital against them. This is essentially insanity. It quite possibly damages the rights of crypto holders in a bankruptcy there is no economic rationale for holding capital against assets a firm does not" [X Link](https://x.com/anyuser/status/1790929246308737269) 2024-05-16T02:16Z 19.7K followers, 39.3K engagements "For all who would say crypto is not bipartisan we just rolled up 20+ dems in the house and 10+ dems in the Senate including the majority leader @SenSchumer and several OG privacy and due process advocates like @RonWyden. This is a American issue not a partisan one. SAB [---] CRA first standalone crypto bill ever to pass both chambers of CongressSAILS through the Senate 60-38. Dems voting for CRA/against WH & SEC: **Schumer** Gillibrand Hickenlooper Peters Tester Sinema Rosen Kelly Casey Booker Lujan Wyden (Biden still expected to veto) https://t.co/maxjgVSXqP SAB [---] CRA first standalone crypto" [X Link](https://x.com/anyuser/status/1791149340276220272) 2024-05-16T16:50Z 19.7K followers, 24.5K engagements "The SEC failed to catch any of FTX Celsius BlockFi Terra or 3AC but did manage to sue Coinbase Kraken and Uniswap (who harmed nobody) Oh and ignored pink sheet fraud to do this. @mcuban is right Dems need to abandon this strategy or they will lose the election. Who benefits from the passage of the #NotFIT4PurposeAct: ✅Wealthy #crypto firms that have chosen not to register w/the @SECGov or otherwise comply w/the securities laws Who stands to lose: ❌Ordinary investors trying to build wealth Who benefits from the passage of the #NotFIT4PurposeAct: ✅Wealthy #crypto firms that have chosen not to" [X Link](https://x.com/anyuser/status/1793354630220390559) 2024-05-22T18:53Z 19.7K followers, 196.4K engagements "Its nice to see that the Biden Administration still somehow supports FTX and the offshoring of the financial industry. Why do I say that As a reminder SAB-121 the guidance illegally adopted by the SEC without going through rulemaking procedures or conferring with our banking regulators adequately does the following: [--] - Unlike custody for every other asset custodians must consolidate customer assets onto their own balance sheet meaning that there may be legitimate questions about assets being bankruptcy remote that do not extend to normal custodial relationships (e.g. somehow insanely the SEC" [X Link](https://x.com/anyuser/status/1796700311832183065) 2024-06-01T00:28Z 19.7K followers, 295.5K engagements "I know everyone is talking about the comedy show where two old guys argued about golf last night but something actually important just happened for crypto (and the rule of law generally). Chevron being overturned by the Supreme Court is incredibly important. One of the most pernicious elements of the modern administrative state has been the propensity to either interpret laws to give maximum power to agencies (rather than to faithfully execute the law as Congress intended) and more annoyingly than even that (which was already pretty annoying) interpreting the law differently each time a new" [X Link](https://x.com/anyuser/status/1806727788789108783) 2024-06-28T16:34Z 19.7K followers, 55.1K engagements "@sporadica Everyone who mistakes correlation for causation ends up dying" [X Link](https://x.com/austincampbell/status/1812838255026663518) 2024-07-15T13:14Z 19.7K followers, 41.4K engagements "My thoughts on this: [--] - Trump definitely seized the initiative from the Dems here and underscores the insanity of Senator Warren's anti-crypto army. I have deep blue Democrats in NYC texting me that they are voting for Trump. All under [--]. This resonated with younger people as the moves of someone who understands the strategic importance of technology. [--] - The first three are excellent moves. Gensler has been a disaster for the credibility fairness and reputation of the SEC. That's deserved; when you run an extra-judicial illegal highly prejudiced blockade against an industry because of your" [X Link](https://x.com/anyuser/status/1817346554899956081) 2024-07-27T23:49Z 19.7K followers, 45.5K engagements "0/ So @GaryWinslett recently asked for a defense of crypto and why he as a well-situated middle class American who largely thinks our system works should believe in it or support it. I think thats a totally legitimate question to ask and one that cuts to the heart of why the debate has been so broken. I think it was also asked in good faith so I believe it deserves a real answer. One of my criticisms of the crypto space is that CT has a bad habit of just screaming at people instead of actually debating real concerns and questions and I don't want to behave like that myself. Thus I am going to" [X Link](https://x.com/anyuser/status/1817590780879397114) 2024-07-28T15:59Z 19.7K followers, 152.5K engagements "0/ Today we are forced to return to an incredibly unfortunate subject: Operation Chokepoint [---]. I will include the press release from the Federal reserve at the end of this thread along with @nic_carter's original article on OCP 2.0" [X Link](https://x.com/anyuser/status/1821591319816581469) 2024-08-08T16:56Z 19.7K followers, 123K engagements "This is rather unfortunate but I am forced to agree with @intangiblecoins here. If the Harris administration is going to continue OCP [---] (ht: @nic_carter) it's impossible to support them from an ethical standpoint and I say that as a Democrat. Unless you believe administrations should be able to pick winners and losers to get banking access (depending on their preferences) this is a non-starter. And if you do believe that you'll believe it is okay for a future Trump administration to designate things like green energy producers and public sector unions as "high risk" industries that should" [X Link](https://x.com/anyuser/status/1823362155984388226) 2024-08-13T14:13Z 19.7K followers, 63.7K engagements "As someone who has been at one of those institutions not only is @brian_armstrong correct I'm going to add a few more points: [--] - The SEC restricting the ability of doing ETF creates in-kind is a lot of what has created this problem. If you could create ETF shares by contributing #BTC or get #BTC when you destroy them you have a lot less of a timing problem. [--] - This is also just because the legacy banking system is slow and the legacy securities system settles slowly. If I have someone trading for shares and they settle T+1 I have to buy things before I get the cash (which also will settle" [X Link](https://x.com/anyuser/status/1835029063997833265) 2024-09-14T18:53Z 19.7K followers, 41.2K engagements "The main thing I am learning from this debacle around @coinbase being falsely accused of fraud around the ETFs in a conspiracy theory that is a near exact clone of the paper gold conspiracy theories around gold ETFs is that many crypto people will largely have zero risk judgment. This space has an awful habit of trusting complete and total scammers because they whisper the right ideological words while trying to tear down and/or totally ignoring honest actors. Zero actual methodological consistency in risk management practices but rather selective freakouts based on the craziest Twitter" [X Link](https://x.com/anyuser/status/1835774529408553203) 2024-09-16T20:15Z 19.7K followers, 63.2K engagements "1/ My worst fears have been realized. Many will think that those are that Operation Chokepoint [---] is real. And here's the thing: I've known that for a while. What was not known to me was whether OCP [---] was founded on a concern about sophisticated understandings of the banking i feel extremely vindicated - my original reporting has been 100% proven correct since it was published in [----] (with small details wrong like the Fed not the FDIC imposing the 15% cap) but i'm not happy i'm upset because even though people talk about OCP2.0 no one really i feel extremely vindicated - my original" [X Link](https://x.com/anyuser/status/1836933696320065718) 2024-09-20T01:01Z 19.7K followers, 200.3K engagements "This cuts straight to the heart of the problem with the SEC. @RitchieTorres expertly lays out why Gary Gensler's speculative beliefs about securities law applying to blockchains matters so much. Blockchains are a ledger technology: what you put on them is what should determine if something is a security. If you tokenize a rock or a donut or a yankee ticket or a pokemon card these things are not themselves securities just because you changed the ledger That would be like saying if we move from recording things in Excel to recording things in Access then they become a security in Access but not" [X Link](https://x.com/anyuser/status/1838659761362858335) 2024-09-24T19:20Z 19.7K followers, 39.7K engagements "1/ Now that @cz_binance has been released I want to take a moment to comment on the situation involving @binance and the US approach to crypto. gm gm" [X Link](https://x.com/anyuser/status/1840076997118091697) 2024-09-28T17:11Z 19.7K followers, 496.7K engagements "Read the entire thread. There is perhaps no more important issue facing us for the next administration and ending the political weaponization of banking regulators is something all Americans can rally behind. As @nic_carter raises in this piece it has been two Democratic administrations in a row that have used this playbook against political opponents or disfavored industries they wanted to eradicate. This is completely unacceptable and deeply ironic that a Democratic party that built an election strategy around calling @realDonaldTrump a fascist was literally running part of the fascist" [X Link](https://x.com/anyuser/status/1861911158099153099) 2024-11-27T23:13Z 19.7K followers, 170.4K engagements "0/ What is debanking and what are the mechanics Since @pmarca blew the whistle on Operation Chokepoint [---] on @joerogan's podcast this issue has finally gotten the attention it deserves. However as is usual with these things the discourse has become the embodiment of chaos" [X Link](https://x.com/anyuser/status/1862999748824969423) 2024-11-30T23:18Z 19.7K followers, 461.7K engagements "I will remind all Democrats that Caroline Crenshaw voted that the SEC should disobey a Federal judge break the law and instead reject BTC ETFs after being ordered to approve them by a court. And you want to renominate this person while calling Republicans the lawless ones 🚨 as one last gift for crypto on the way out the door Senate Banking Chair Sherrod Brown is trying to ram through the renomination of anti-crypto SEC commissioner Caroline Crenshaw. Committee vote set for next Wednesday. https://t.co/nrphszrYrU 🚨 as one last gift for crypto on the way out the door Senate Banking Chair" [X Link](https://x.com/anyuser/status/1865446006625648707) 2024-12-07T17:19Z 19.7K followers, 45.5K engagements "0/ So people are upset with me for opposing the Bitcoin Strategic Reserve and saying Coinbase should not buy #BTC for their treasury have incorrectly assumed this means somehow I don't like Bitcoin. If you think that is what I think you are wrong and should feel bad" [X Link](https://x.com/anyuser/status/1868402414749188247) 2024-12-15T21:07Z 19.7K followers, 369.1K engagements "So after reading this again I think I'm going to find someone to write a PJ O'Rourke style comedic brief with me arguing the following about this rule: If the IRS is serious about this interpretation (and boy do they seem serious so we're going to take them seriously) then they are inappropriately politically targeting the crypto industry with the way they have written it. Why Because if they are serious about the multiple broker interpretation it clearly also applies to ISPs web browsers wallets etc. Attaching it merely to the DeFi frontend privileges all other components of a single" [X Link](https://x.com/anyuser/status/1872660775765971199) 2024-12-27T15:08Z 19.7K followers, 142.8K engagements "This is completely fucking deranged. At the low end a [--] year run of 30% returns per annum would have BTC worth roughly 7x the entire US stock market combined. At 50% it is possibly worth more than all other assets on earth combined. The average human brain does not understand compounding. As BTC grows every single dollar of price increase becomes harder than the last one because of this principle and at some point exponentially so. You would have to believe that BTC is literally the most important invention in the history of man by a margin so large it is insane to the point that it is more" [X Link](https://x.com/anyuser/status/1873560144094654565) 2024-12-30T02:42Z 19.7K followers, 237K engagements "For those who continually ask me why banks are not using public blockchains I believe @iampaulgrewal has your answer courtesy of the incredible legal powers of FOIA. They wanted to but could not. The answer is because the regulators stonewalled them. https://t.co/nw1PCy9muT 3/3 https://t.co/nw1PCy9muT 3/3" [X Link](https://x.com/anyuser/status/1875236386003153057) 2025-01-03T17:42Z 19.7K followers, 251.4K engagements "I am not sure the crypto industry understands how much they owe to @coinbase. This is a firm that has been tirelessly fighting to stop the SEC's rogue behavior and to expose Operation Chokepoint [---] (first reported on by @nic_carter among others) despite the fact that @coinbase is probably the second biggest beneficiary of OCP [---] (behind hilariously only @tether). Why do I say this Given that the usual bank custodians were banned from the space who is the big winner of the ETF custody game for the largest ETF launch in history (the BTC ETFs) Oh that's right @CoinbaseInsto. Given that new" [X Link](https://x.com/anyuser/status/1875325393424556247) 2025-01-03T23:36Z 19.7K followers, 398.6K engagements "@fofrAI Good work AI" [X Link](https://x.com/austincampbell/status/1876819141677518939) 2025-01-08T02:32Z 19.7K followers, 35.5K engagements "Hey Bernie I'm a Democrat. We want solutions not finger pointing. This is a fire in a state with a Democratic Governor and Democratic Legislature and Democratic local mayor and Democratic local politicians all of whom for years have been failing at basic water management and forestry. Oh and our president is also a Democrat. But you blame Donald Trump This is why people didn't vote for the Democrats and if this is the strategy do the Democratic party a favor: sit down and step back in favor of a new generation of leadership who cares about actually solving problems instead of scoring social" [X Link](https://x.com/anyuser/status/1877101814757068847) 2025-01-08T21:15Z 19.7K followers, 406.1K engagements "I know a little bit about fires. I worked in reinsurance and ILS for two decades. On wall street where I ran insurance-linked trading at JPM at Stone Ridge where I was one of the people running the ILS portfolios and in the broker and analytics space even before business school. This is really fucking bad. I say that so we aren't sugar coating it. This is going to be massive massive amounts of property damage. There's a non-zero chance it's going to destroy some of the remaining few CA insurers who handle fire. There's also a large chance that it spills over to CA as liability for their" [X Link](https://x.com/anyuser/status/1877206446724513976) 2025-01-09T04:11Z 19.7K followers, 63.4K engagements "Perhaps my hottest take: the #1 thing we could do to fight financial crime is actually to force all banks to use blockchains. The @FDICgov abusively moved to choke off legitimate crypto companies but let a U.S. company send money to sanctioned Russian banks (Damian v. @Deel 1:25-cv-20017 S.D.Fla.) @FDIC_Exposed https://t.co/ZAVIBcGgxl The @FDICgov abusively moved to choke off legitimate crypto companies but let a U.S. company send money to sanctioned Russian banks (Damian v. @Deel 1:25-cv-20017 S.D.Fla.) @FDIC_Exposed https://t.co/ZAVIBcGgxl" [X Link](https://x.com/anyuser/status/1877487828671639745) 2025-01-09T22:49Z 19.7K followers, 55.5K engagements "Maybe instead of prosecuting @coinbase and @krakenfx you should have oh I don't know gone after any of the actual bad actors FTX. 3AC. Celsius. TerraForm labs. The list goes on. How many did Gensler's SEC identify pre-emptively and stop Zero The same grade I give Gary. Securities and Exchange Commission Chair Gary Gensler says that crypto is "rife with bad actors" https://t.co/y7Ay3mGxJg https://t.co/iFWjUuHkOl Securities and Exchange Commission Chair Gary Gensler says that crypto is "rife with bad actors" https://t.co/y7Ay3mGxJg https://t.co/iFWjUuHkOl" [X Link](https://x.com/anyuser/status/1877574492550991955) 2025-01-10T04:33Z 19.7K followers, 73.4K engagements "One thing that I think the progressive left needs to understand is that the cancel tactics of literally threatening livelihoods and businesses have created a lot of extremely extremely permanent and motivated enemies. What Chris is saying here is not unique. I have many friends in the crypto space who will never vote Democrat again and to be honest I'm not sure the party can do anything to win them back. They had businesses destroyed saw personal friends forced out of the country and in many cases had their own personal bank accounts and those of family members closed. All without committing" [X Link](https://x.com/anyuser/status/1882123019868406213) 2025-01-22T17:47Z 19.7K followers, 71.6K engagements "This exact issue is why former SEC staffers do not get to get on their high horse about memecoins. Had thr SEC literally not existed for the last four years we'd have less crime not more. You idiots missed FTX TFL Celsius. 3AC and more. You did nothing to interdict any of the memecoin scammers or pig butchering scams destroying lives. But you sued CoinbaseKraken and Consensus. One single dude at @IncaIntel and a handful of public interest lawyers out of @UCBerkeley have done more to protect people from scams and help victims than the entire SEC and bank regulatory space combined. Federal" [X Link](https://x.com/anyuser/status/1892634471188545820) 2025-02-20T17:56Z 19.7K followers, 68.7K engagements "That Colossal Wreck I received a message today from someone quite senior in the Democratic party asking me why I have been relentlessly hostile to @SECGov and folks like @garygensler and @amandalfischer asking if I http://x.com/i/article/1893010244181037056 http://x.com/i/article/1893010244181037056" [X Link](https://x.com/anyuser/status/1893069308747497658) 2025-02-21T22:44Z 19.7K followers, 294.2K engagements "0/ A while back I had written a piece on @ethena and USDE asking them to disclose risks clearly and not overpromise stability or call it a stablecoin. I'm used to people in crypto getting grouchy with me when I point things out so let me tell everyone now that it was a huge fucking surprise to me when not only did Ethena actually listen they started doing things based on exactly the discussion we had. Unusual. In a good way. Well now I'm going to write another piece on the @Bybit_Official hack and how it impacted Ethena and why there are 100% lessons in here for everyone else in crypto. TL;DR" [X Link](https://x.com/anyuser/status/1894164087166439765) 2025-02-24T23:14Z 19.7K followers, 59.7K engagements "Without revealing my sources we still have one of our Federal banking regulators (the Federal Reserve) telling banks directly they are not allowed to serve crypto clients or handle crypto flows. This must stop. @FinancialCmte @nic_carter @CaitlinLong_" [X Link](https://x.com/austincampbell/status/1904880052149297382) 2025-03-26T12:56Z 19.7K followers, 46.6K engagements "As someone who was highly critical of Biden and was known to have had the balls to predict a Trump win in [----] on the JPM rates floor let me actually give some predictions here: When things get ugly in politics attitudes harden. I expect that in the short-to-medium term Trump's supporters are going to be all-in on the tariff strategy. They will say it's working as intended. Countries are coming to negotiate. Money will be pouring in from the tariffs. We'll be rich any day now. For those observing the right it will be a strange journey as the behavior will be oddly similar to the Harris" [X Link](https://x.com/anyuser/status/1909073681277411590) 2025-04-07T02:40Z 19.7K followers, 81.8K engagements "@jaketropolis @emzanotti E tu Bronte" [X Link](https://x.com/austincampbell/status/1917270465266991345) 2025-04-29T17:31Z 19.7K followers, 29.8K engagements "An Open Letter to the Democratic Party on Stablecoins TL;DR I have a former student who will remain nameless (though she told me I can use her for this example) and here is her profile: minority 1st generation immigrant LGBTQ lives in the northeast http://x.com/i/article/1918801141908770816 http://x.com/i/article/1918801141908770816" [X Link](https://x.com/anyuser/status/1918806189548110135) 2025-05-03T23:13Z 19.7K followers, 133.8K engagements "@exec_sum This is definitely not a positive; a 4-year non-compete in a situation where the employer had all the power is definitely not appropriate. If anything we should eliminate them completely" [X Link](https://x.com/austincampbell/status/1920979111054377010) 2025-05-09T23:08Z 19.7K followers, [----] engagements "0/ Imagine that you are on a trading desk on Wall Street on a Friday afternoon. It is late summer or early fall in [----]. The vibes are extremely very exceptionally not good. You are watching bond prices which have moved in basis points for years crash by [--] points in a single day on things that are "completely safe" in the common knowledge. You already know some of your competitors will not make it. Some of them have in fact already not made it. Essentially every day you are showing up in the office to attempt to cross the financial equivalent of a live minefield. It's 3:02pm on Friday. You" [X Link](https://x.com/austincampbell/status/1921930021859475795) 2025-05-12T14:06Z 19.7K followers, 73.3K engagements "The Empire Lobbies Back As I had predicted I am hearing the bank lobby is panicking about stablecoins and specifically the ability to pay any form of rewards or interest. So for my friends on the Democratic side let me simplify what you are hearing: The banks want you to protect their cartel so they can keep screwing your voters. Especially younger voters (you know the ones that just swung hard to the right because you supported the pro-banker bonus / anti-crypto army over them). Why To use an example from before the current model of many banks (and I will say there are some banks that are" [X Link](https://x.com/anyuser/status/1925170860140249445) 2025-05-21T12:44Z 19.7K followers, 85K engagements "@jarvis_best Holy shit. You can clearly see the moment where the Mitchell Robinson free throw strikes the building" [X Link](https://x.com/austincampbell/status/1934673167466827815) 2025-06-16T18:03Z 19.7K followers, 51.6K engagements "@DanFeldmanNBA Ridiculous PG: Jalen Green SG: Devin Booker SF: Bradley Beal PF: Dillon Brooks C: Grayson Allen" [X Link](https://x.com/anyuser/status/1936848553407602787) 2025-06-22T18:07Z 19.7K followers, 137.7K engagements "@metzgov Adams vs. Cuomo vs. Sliwa vs. Mamdani vs. Lander only without RCV this time just as our (checks notes) two party system intended. What we are seeing is the breakdown of the internal coalition of the Democrats in real time" [X Link](https://x.com/austincampbell/status/1936909220105933302) 2025-06-22T22:08Z 19.7K followers, 38.7K engagements "One of the most disappointing parts of crypto has been watching Elizabeth Warren evolve from the champion of the little guy to a defender of rent-seeking intermediaries and an active purveyor of misinformation to achieve their corrupt goals. JUST IN: Senator Elizabeth Warren says crypto could "blow up" the entire US economy. https://t.co/KCGh3dZV5O JUST IN: Senator Elizabeth Warren says crypto could "blow up" the entire US economy. https://t.co/KCGh3dZV5O" [X Link](https://x.com/anyuser/status/1945857868734816662) 2025-07-17T14:47Z 19.7K followers, 54.5K engagements "The Genius act has passed. 306-122 with [--] NV remaining on the R side. [---] Democrats in favor after also bringing in massive support from the Democratic side in the Senate. This is the most important piece of bipartisan financial legislation since Dodd-Frank. A new era begins" [X Link](https://x.com/austincampbell/status/1945931682751627658) 2025-07-17T19:40Z 19.7K followers, 31.3K engagements "@shortmagsmle The pill did not come out in 1800" [X Link](https://x.com/austincampbell/status/1949858334976114783) 2025-07-28T15:43Z 19.7K followers, 11.3K engagements "If everyone is launching their own L1 I have to hop between why shouldn't I just use a bank" [X Link](https://x.com/anyuser/status/1955240962038349995) 2025-08-12T12:12Z 19.7K followers, 76.7K engagements "This sort of post is why I started the newsletter. @krogoff is actually a solid economist on areas where he has personal knowledge but he also may be the single worst situated person in the entire world to understand the value of Bitcoin. Why do I say this He's in America. He's at Harvard. He's rich. He's part of a politically favored class. He lives in the country with the reserve currency and has easy access to that and banks. Our country has rule of law and things work (mostly - at least compared to many others). Why would he need USD stablecoins or Bitcoin on a day to day basis The" [X Link](https://x.com/anyuser/status/1957969230676308146) 2025-08-20T00:53Z 19.7K followers, 82K engagements "Just as a note for everyone in crypto since you're not used to this: Insider trading in stocks is illegal. this is gonna be a bloodbath (and this is the exact right type of enforcement work the sec should be doing) https://t.co/ay8moD0fyB this is gonna be a bloodbath (and this is the exact right type of enforcement work the sec should be doing) https://t.co/ay8moD0fyB" [X Link](https://x.com/anyuser/status/1971344838982500743) 2025-09-25T22:43Z 19.7K followers, 51.3K engagements "0/ We are watching @binance crash out using China's PR playbook. This is a fascinating study in what goes wrong when news of possible bad behavior meets a global audience. 🧵 Binance going out of its way to bully a founder They just turned a molehill into a mountain What a blunder Binance going out of its way to bully a founder They just turned a molehill into a mountain What a blunder" [X Link](https://x.com/anyuser/status/1978240202998009903) 2025-10-14T23:23Z 19.7K followers, 89.8K engagements "How badly do you have to fuck up your insane revisionist history for me to agree with @BetterMarkets and the community notes SBF was a criminal. He was a pathological liar. He stole customer funds. He deceived users and investors. FTX was 100% insolvent. You have to be a literal fucking retard or a criminal involved with the thing to think otherwise. https://t.co/my8R0T9gNb https://t.co/my8R0T9gNb" [X Link](https://x.com/anyuser/status/1978957728493064654) 2025-10-16T22:54Z 19.7K followers, 28.5K engagements "@SenWarren You sat by idly while banks did the same thing and did nothing. If CZ is a criminal you sold everyone out to the bankers for pennies" [X Link](https://x.com/anyuser/status/1981482683223199875) 2025-10-23T22:07Z 19.7K followers, 20.3K engagements "It is entirely possible that @realDonaldTrump is president because of @SenWarren and the anti-crypto army. New data shows that many crypto voters still identify as Democrats but they are increasingly willing to support Republicans who stand for innovation and digital freedom. This is very intriguing polling data. New data shows that many crypto voters still identify as Democrats but they are increasingly willing to support Republicans who stand for innovation and digital freedom. This is very intriguing polling data" [X Link](https://x.com/anyuser/status/1982879143441383835) 2025-10-27T18:36Z 19.7K followers, 41K engagements "Speaking as a moderate Democrat who gets this from both sides (both the very pro-Trump and very anti-Trump sides are angry with me) the truth is if they were willing to ditch you over this they never cared about you to begin with. You were just a prop in their own internal fantasy. Let it go and move on. Living well is the best revenge" [X Link](https://x.com/austincampbell/status/1983199271823266181) 2025-10-28T15:48Z 19.7K followers, 21.4K engagements "0/ I remain convinced that the SEC under Gensler has done lasting damage to the Democratic party because it built a narrative around crypto and blockchain on completely false premises that continues harming the party to this day" [X Link](https://x.com/anyuser/status/1984720887816298630) 2025-11-01T20:35Z 19.7K followers, 78.1K engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@austincampbell Austin CampbellAustin Campbell posts on X about crypto, in the, if you, coinbase the most. They currently have [------] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.
Social category influence finance 36.8% technology brands 12% cryptocurrencies #6888 stocks 8.8% exchanges 8.8% countries 4.8% social networks 2.4% celebrities 1.6% currencies 1.6% gaming 1.6%
Social topic influence crypto #6960, in the 12.8%, if you 8.8%, coinbase 7.2%, stablecoins #101, money 6.4%, bitcoin 5.6%, ftx 5.6%, space 5.6%, bank #2569
Top accounts mentioned or mentioned by @secgov @coinbase @niccarter @laurashin @mrbeast @sytaylor @ritchietorres @binance @krakenfx @iampaulgrewal @lb_412 @sattrsats @ladeedahh2 @kimchipump @mikulaja @thestalwart @victoreram1 @rationalist2000 @ethena @warrendavidson
Top assets mentioned Coinbase Global Inc. (COIN) Bitcoin (BTC)
Top posts by engagements in the last [--] hours
"This hits on a larger problem as to why our financial system is increasingly broken: People are not financially literate so there is no incentive to accurately police the system and expert operators can then exploit this for their profit. Capping credit card interest rates polls extremely well but if you actually did it there would be perverse consequences that make people mad. So Trumps strategy is to say hes doing it then not actually do it and I guess hope nobody notices. https://t.co/aL3e8AYKIy https://t.co/USy3CC2gIZ Capping credit card interest rates polls extremely well but if you"
X Link 2026-01-29T13:59Z 19.6K followers, [----] engagements
"One of our two political parties is eventually going to propose cutting entitlements for the rich elderly raising capital gains taxes then lowering income taxes with the surplus. That party is going to win massively with everyone under 55"
X Link 2026-02-01T14:21Z 19.7K followers, [----] engagements
"Unreal. @PalmerLuckey is a GOAT hater. He's the LeBron James of haters. It's not that he had a high peak of hating (Jordan) it's that even longer than any normal human could do it he keeps hating at an all-world level. He's going to have a son hating on @X before he retires. Notice how Fat Jason's statement very carefully avoids the topic people are actually talking about his ongoing relationship with and aid to a convicted child rapist and sex trafficker well into the 2010s. Instead he is still pretending it was all decades ago talking about Notice how Fat Jason's statement very carefully"
X Link 2026-02-02T18:10Z 19.7K followers, 10.8K engagements
"How long until @elonmusk just buys @paypal with his pocket change to do payments"
X Link 2026-02-04T14:00Z 19.6K followers, [----] engagements
"The rules aren't even written yet These are purely theoretical concerns will purely theoretical wrongs (there are no GENIUS issuers yet because again the rules are not written). She's mad unregulated stablecoins are doing things the regulations prevent them from doing New York Attorney General Letitia James slams stablecoin law GENIUS citing consumer protection concerns https://t.co/ccdVjNnZL9 New York Attorney General Letitia James slams stablecoin law GENIUS citing consumer protection concerns https://t.co/ccdVjNnZL9"
X Link 2026-02-04T16:42Z 19.6K followers, [----] engagements
"I think a lot of the disillusionment is that many of the folks in crypto were half-wide-eyed idealist who thought reinventing banking would be easy and half either deliberate or inadvertent scammers who launched tokens into huge fanfare PR and self-enrichment without having any you know business. Now they get into the weeds as traditional firms come into the space and it turns out that: Risk management is hard Building products consumers actually want is hard Reinventing the system means probably having to understand the system in the first place Real-world assets are going to be governed by"
X Link 2026-02-05T02:51Z 19.7K followers, 42.7K engagements
"@DPGSpurs I think that just like Rs they want a compromise not to pick one side or the other"
X Link 2026-02-05T03:49Z 19.6K followers, [--] engagements
"I have now heard from multiple crypto friendly democrats express how angry about this tweet they are. Please make sure whatever staffer just cost the Democrats hundreds of millions in money and many votes isn't being secretly paid by the R side. Yikes https://t.co/dfvbKMSRou Yikes https://t.co/dfvbKMSRou"
X Link 2026-02-06T22:28Z 19.7K followers, 54.5K engagements
"@dmartkc @DSBatten @PerianneDC @TheDemocrats That is not what the data shows. If you drill in on views on economics and jobs fostering tech and financial innovation ranks quite high. Meme token operators No. People who think BTC and stablecoins matter 100% cost votes esp. under [--] men"
X Link 2026-02-06T22:47Z 19.6K followers, [--] engagements
"@Ladeedahh2 You mean like in the last election which is why Harris is president"
X Link 2026-02-07T01:18Z 19.6K followers, [---] engagements
"It appears the @Seahawks are better at soccer"
X Link 2026-02-09T02:10Z 19.7K followers, [----] engagements
"I think we can all agree that was a pretty extra way for @coinbase to say they were bringing on @nic_carter"
X Link 2026-02-09T17:51Z 19.7K followers, [----] engagements
"@kimchipump @MrBeast Unmatched distribution is a way bigger advantage than any current fintech has"
X Link 2026-02-10T02:08Z 19.7K followers, [--] engagements
"@sytaylor @AlexH_Johnson @FintechNerdCon We should at some point"
X Link 2026-02-10T13:46Z 19.7K followers, [--] engagements
"@sytaylor @MrBeast With an uncertain profit model previously but the branding and distribution is itself a value add. I have many thoughts. Maybe a longer post"
X Link 2026-02-10T13:47Z 19.7K followers, [--] engagements
"@mikulaja @MrBeast"
X Link 2026-02-10T13:50Z 19.7K followers, [--] engagements
"This is wrong. Your mental model for bank tech should be the Adeptus Mechanicus from Warhammer 40k. Worship and veneration of ancient technology replete with candles incense and gregorian chants to make your spreadsheet reload. Nobody knows why it works. You aren't allowed to change anything. The knowledge of how it was built is forever lost. But the great and powerful machine god keeps it all moving forward if you just do the rituals. Anthropic engineers when they see how even the best financial services companies are run https://t.co/s98qfrphU4 Anthropic engineers when they see how even the"
X Link 2026-02-09T16:21Z 19.7K followers, 146.9K engagements
"@TheStalwart Obviously the discounted future cash flows of silver have declined Joe"
X Link 2026-02-12T16:49Z 19.7K followers, 29.8K engagements
"The real question is which state is going to zig while the others zag and massively raise taxes on the elderly while cutting them on the young. That state will dominate job creation. Were reaching levels of Boomer Luxury Communism never seen before. Were reaching levels of Boomer Luxury Communism never seen before"
X Link 2026-02-12T16:51Z 19.7K followers, 56.3K engagements
"They haven't done the homework Most bank policy people can't even explain how a stablecoin is created or if deposits move or are destroyed when it happens. Folks in the room of WH crypto-bank meeting have told me the two industries had very different approaches to initial negotiations. Crypto reps wanted to talk specific potential solutions on yield. Bank trade reps mostly avoided details did not want to discuss discrete solutions Folks in the room of WH crypto-bank meeting have told me the two industries had very different approaches to initial negotiations. Crypto reps wanted to talk"
X Link 2026-02-02T23:56Z 19.7K followers, [----] engagements
"No. Notable you never hear about a shadowy cabal of banks using futures to push up prices when things are moving to the upside and how all the gains to BTC holders are fake. This is conspiracy theorist thinking; it was wrong about silver and it's wrong here. Very easy to blow out futures positions if there is not physical to deliver. The silver thing is the classic case of people not understanding how hedging works. If you're a silver miner and you are locking in future prices you short with a bank who then goes and shorts in the general market to hedge that. The great conspiracy of why there"
X Link 2026-02-04T19:33Z 19.7K followers, [----] engagements
"Step is not a bank to be clear. It's a fintech platform reliant on banking partnerships. I do think this is a good move for @MrBeast given the distribution angle but I also think this is going to be much more complex to run well than people expect. High risk high reward. MrBeast just bought a $920 million fintech for whats almost certainly less than $200 million. And thats not even the interesting part. Beast Industries is valued at $5 billion. Step raised $500 million and hit that $920 million valuation in [----] before the fintech downturn MrBeast just bought a $920 million fintech for whats"
X Link 2026-02-10T01:55Z 19.7K followers, [----] engagements
"I have been thinking quite a bit about the @step acquisition by @MrBeast and I think it is vastly more interesting than people give credit for. I see a number of ships sailing together here that are potentially quite relevant. One: financial education is basically Marianas trench level down bad. Almost nobody can explain basic facts of how checking accounts savings accounts stocks bonds or just moving money around works. I know this because I have taught classes on this stuff and even financial professionals constantly get it wrong. "Is a bank deposit destroyed when you buy a sandwich""
X Link 2026-02-10T17:06Z 19.7K followers, [----] engagements
"I will take this one step further. Banking regulators have been demanding the mantra "technology neutral" for a long time. How about the following proposal: whatever rewards language we come up with it applies to ALL financial products not just stablecoins This is more restrictive than the recent draft language. Im ok with linking payments to holders of a payment stablecoin to some sort of kpi just like all loyalty programs but the words use and purchase have no reason to be here - would specifically infringe on current This is more restrictive than the recent draft language. Im ok with"
X Link 2026-02-11T14:51Z 19.7K followers, [----] engagements
"The great irony is that these are the central positions of crypto that the Biden admin opposed. A movement of people opposed to central banking are about the last ones who want bailouts or government control. Regulations is what people were asking for (see crypto support for Genius and Clarity predecessors as early as [----] or NYDFS stablecoin regulation in 2p18). Yet the Biden admin opposed regulations refused to write rules ran operation chokepoint [---] to attempt to drive the industry offshore and then hilariously bailed out the crypto industry with the SVB bailout the biggest beneficiary of"
X Link 2026-02-11T19:09Z 19.7K followers, [----] engagements
"@victoreram1 David is a truly talented pollster I think he is being given bad context by some of the folks around him. Crypto is not his central expertise and unfair to expect that imo"
X Link 2026-02-11T19:17Z 19.7K followers, [--] engagements
"This ends in tears. Soon there will be no one left to stop me from trading onion futures Soon there will be no one left to stop me from trading onion futures"
X Link 2026-02-12T01:40Z 19.7K followers, [----] engagements
"This is a terrible mistake by @ZohranKMamdani and is going to lose him a lot of support right out of the gate. Letting the homeless do drugs and rot to death in public is horrifying. There is bipartisan support in NYC for getting the homeless off the streets and off the subways where they are torturing themselves to death with drugs and mental illness while also inflicting that on others. This is both a human welfare and safety issue and this policy will make everything worse for everyone with no benefit to anyone. What we need is effective mandatory treatment regimes and confinement when"
X Link 2025-12-05T16:00Z 19.7K followers, 28.1K engagements
"More of people misunderstanding the market. This strikes me as peak navel-gazing US exceptionalism and abject denial of reality. Here is the truth with apologies to all the Tether truthers that have been losing many many millions of dollars shorting an obvious fraud: [--] - Tether is dominant because they had a [--] year head start have the best offshore liquidity and have always managed redemptions well. Can anyone raise their hand and tell me when Tether refused to redeem at par for them [--] - Tethers lack of US nexus (they stringently do not serve US persons or counterparties) is considered a"
X Link 2023-11-15T17:59Z 19.7K followers, 256.7K engagements
"SEC believes act written before the existence of the internet clearly spells out requirements for crypto exchanges That is basically the headline today given that the SEC has rejected Coinbases application for rule making. There are several points to dig into here so I want to address them in turn. One: this is a large departure from past conduct by the SEC. During the era of structured products with ABS and MBS on the rise the SEC was more than willing to meet with the industry discuss rules and provide interpretive guidance based on the specific nuances of those products and how many of the"
X Link 2023-12-15T17:38Z 19.7K followers, 40.9K engagements
"Disagree with almost all of this. One we see plenty of fully reserved banks: they are called money market funds and the government version in particular have vastly outperformed fractional reserve banks in terms of safety. Two the FDIC reserve fund is not infinite. Something like 1% of total deposits can be covered by the insurance fund maybe less than that depending on insurance rates and growth rates in deposits. The punch line there is a real risk in 2008-era events even to insured depositors. So I would not over-index on "hey it seems to work for now" regarding the FDIC especially in a"
X Link 2026-02-09T21:29Z 19.7K followers, 12K engagements
"In the latest newsletter linked below we address one of the hottest topics in finance: prediction markets and @kalshi in particular. Prediction markets in general are kind of a cool innovation when used well. The question though is that last part: when are they being used well and who gets to make that call I am very certain the marketing around Kalshi and things like Giannis Antetokounmpo starting a trade rumor to drive volume before disclosing he was a partner/investor are on the wrong side of "when used well" similar to derivatives on underlying prediction markets driving synthetic action."
X Link 2026-02-10T15:19Z 19.7K followers, [----] engagements
"I don't think this is a correct statement on the core roles of banks. You have compacted 95% of the activity of a bank into a single (very underspecified and incorrect) point [--]. This misconception of how banks operate is a lot of why crypto is having problems in tradfi also. The fundamental roles of banks are being abstracted and programmatized https://t.co/LYdQ3rejRy The fundamental roles of banks are being abstracted and programmatized https://t.co/LYdQ3rejRy"
X Link 2026-02-12T16:16Z 19.7K followers, [----] engagements
"What do you think the impact of stablecoins on US bank deposits will be: Less Deposits More Deposits Same Amount of Deposits Less Deposits More Deposits Same Amount of Deposits"
X Link 2026-02-13T14:11Z 19.7K followers, [----] engagements
"@rationalist2000 @stevemur @VijayInWA It's almost empty and everyone is dying off"
X Link 2026-02-13T20:16Z 19.7K followers, [--] engagements
"On the subject of the argument between @KeithGrossman and @a_greenberg & @WIRED I am of two minds. First: I don't think you're going to find someone more opposed to money laundering and financial crime in this industry. I've openly said I think we need vastly stronger penalties for financial criminals up to and including the death penalty. I think way too many people have gotten away with way too much for way too long. If you think I don't think such things are an issue you genuinely don't know who I am. Second: I think Andy and Wired are doing great work exposing things like the Cambodian"
X Link 2026-02-13T22:15Z 19.7K followers, [----] engagements
"@BenStinar An integral role player on a Miami Heat [----] championship team"
X Link 2023-06-17T19:15Z 19.7K followers, 67.3K engagements
"Absolute clown tier take. They missed FTX 3AC Celsius and LUNA and are now attacking @coinbase likely the best actor in the space. I couldnt have hurt consumers more than the SEC if I tried. @RepDanGoldman Youve lost my vote and a lot others if you dont fight this. Despite Republican attacks the @SECGov is hard at work implementing a regulatory agenda that: ✔ protects investors ✔ promotes capital formation ✔ ensures the safety & soundness of our capital markets 💻: https://t.co/v7OR7hOJan 📻: https://t.co/pSasYgZmRX https://t.co/JebuxUY9kX Despite Republican attacks the @SECGov is hard at"
X Link 2023-06-22T18:06Z 19.7K followers, 25.4K engagements
"It is worth noting that the SEC failed to stop or impede any of Mt Gox Terraform labs Celsius Blockfi or FTX but have inexplicably gone after LBRY Coinbase and XRP none of whom have committed fraud or deliberately damaged consumers. This stance by the Ds is not credible. The Republican market structure bill otherwise known as the Not Fit for the 21st Century Act is a rushed piece of legislation that: 🚩 lacks adequate funding 🚩 creates MORE confusion & complexities 🚩 hamstrings efforts to go after bad actors 🚩 lets crypto criminals off the https://t.co/3bTEi4FXrh The Republican market"
X Link 2023-07-26T17:12Z 19.7K followers, 79.6K engagements
"One thing I would urge people to do in the wake of the Stablecoin bill making it to the House floor is to pay attention to what is really going on. Despite all the social media screaming about polarization despite the claims we cannot act here we have a historic chance to bring clear rules and good governance over the application of an old idea (stable financial products) to a new technology (blockchain). We have both Republicans and Democrats working side by side to make this happen in direct violation of the prevailing political narrative. Yes this is less exciting than flaming everyone."
X Link 2023-07-28T23:27Z 19.7K followers, 72.6K engagements
"This sort of thing is exactly how we know the SEC is not acting in good faith. There are tokens that probably are securities here and there but. everything So the SEC thinks PAXG (tokenized gold) and Doge are securities Embarrassing"
X Link 2023-07-31T04:18Z 19.7K followers, 72.6K engagements
"I just had a profoundly depressing dinner with one of my friends in the crypto space. I can't say too much about who this is other than that he's former military in a nation very friendly to the United States and someone who firmly believes in financial inclusion and fairness. Also hates crime and preying on the financially unsophisticated. Here are some quotes he let me share: "This Treasury news is actually great news for the space. Projects will finally give up on US users and the US to wall itself off and become a backwater. Good I'm tired of everyone gimping the tech just because the US"
X Link 2023-08-26T00:51Z 19.7K followers, 262K engagements
"@ClimateDefiance You know you are profound failures when you make the large bank the good guy"
X Link 2023-09-14T20:50Z 19.7K followers, [----] engagements
"As someone who works in crypto but has a background in both reinsurance and tradfi I have some views here. To give a little background I've been involved in the tokenization of assets at scale I've traded all kinds of fixed income and I've managed one of the largest ILS portfolios in the world. I'm not speaking as a casual here. Some thoughts: [--] - You do not get to magically say blockchain lowers risk and wave your hand at it then move on. In many cases tokenizing assets and putting them on a blockchain is adding a layer of risk (you've added another ledger and a 24/7 system with different"
X Link 2023-09-29T01:55Z 19.7K followers, 295.2K engagements
"I want to be clear that this is an absolutely insane clown tier take and @SMTuffy is 100% correct to call this out. The customer deposits DID NOT EXIST. They had been either stolen (for personal use or to give to politicians) or they had been converted into things that were not the original source of deposits (like taking BTC and converting it to oh I don't know FTT). To give a real world equivalent in stocks if you gave your custodian stock in JPM and rather than keep that they gave 25% of it to a politician they liked and YOLO'd the other 75% into a levered position on Lehman Brothers then"
X Link 2023-10-02T03:11Z 19.7K followers, 132.4K engagements
"With apologies to my friend @nic_carter and @CryptoHayes this is not a great design for long-term stability. So first let's talk about the mechanics of what is going on with Ethena. In a traditional crypto-backed stablecoin what you have is a pile of collateral that is supposed to support the value of the stablecoin. To make it "safe" you hold a lot more of the collateral than you hold of the stablecoin itself. Good news: this works as long as markets don't gap horribly and you can liquidate in orderly fashion (which works until 2008-like events happen as tradfi learned the hard way). Bad"
X Link 2023-10-09T15:34Z 19.7K followers, 236.7K engagements
"The LBRY settlement is a picture-perfect example of how not to regulate and should be considered a national scandal. With @HesterPeirce's statement today I feel that I should finally weigh in on this one to make clear just how wildly egregious the conduct of the SEC was in this case. To refresh people on the facts @LBRYcom is a decentralized file-sharing platform intended for that purpose. There's no deception here and while there are possible arguments that file-sharing itself is a problem none of those are specifically relevant to the SEC's case. Instead the SEC had a problem with a token."
X Link 2023-10-27T19:28Z 19.7K followers, 191.7K engagements
"To pile on here this is the equivalent of saying cash should be illegal. To be clear Elizabeth Warren is arguing for the sort of bank-captured surveillance state that would make the large banks into extremely powerful monopolies and allow Washington to exceed China in spying. Casting non-custodial wallets as illegitimate technology is not just misleading it is a gross denial of the human right to property. Self-custody is guaranteed by Article [--] of the Universal Declaration of Human Rights and the Fifth Amendment of the U.S. Constitution. Casting non-custodial wallets as illegitimate"
X Link 2023-11-01T15:32Z 19.7K followers, 31.3K engagements
"Today the SEC appears to have continued their ongoing crusade to protect terrorist funding and large bank monopolies at the expense of the American consumer innocent civilians in warzones and technology that was created after the year [----]. I want to be clear that I'm not anti-regulator in saying this. Quite the reverse actually I have a lot of respect for the work of the Federal Reserve the NYDFS the JFSA the CFTC and others. Are they perfect No nobody is. Are they more of a positive force than most people who complain about regulators want to admit With almost 100% certainty. I've had my"
X Link 2023-11-02T13:09Z 19.7K followers, 302.1K engagements
"This is literally the opposite of a serious blow to the crypto space. This is a serious blow to scammers frauds and bad actors and a serious positive for those who actually care about the space. .@TheJusticeDept has charged @SafeMoon's executive team with a massive fraud scheme. Allegations include misappropriation of funds for personal gains. Its a serious blow to the crypto space. https://t.co/FAZigIe2VB .@TheJusticeDept has charged @SafeMoon's executive team with a massive fraud scheme. Allegations include misappropriation of funds for personal gains. Its a serious blow to the crypto"
X Link 2023-11-04T18:35Z 19.7K followers, 55.5K engagements
"I have in my grubby little paws the latest proposal dated from today that Treasury has sent to the Senate Banking committee and boy do I have thoughts. To summarize for the crowd Treasury is asking for an unprecedented level of expansion of their powers in order to combat the problem of illicit finance with the introduction letter referencing the now highly discredited WSJ article claiming Hamas is turning to crypto to fund their operations. I want to walk through the proposals and the ramifications of each. Some of them are actually pretty decent. Some of them are profoundly horrifying. It's"
X Link 2023-11-29T02:47Z 19.7K followers, 227.4K engagements
""Fuck the SEC" I am sure you are used to this sentiment coming from the crypto folks but what if I told you that it was not in fact the crypto crowd that just said this but rather a federal judge in Utah. Don't believe me Read on. For those who have forgotten among the many battles the SEC has picked they are attempting to go after Debt Box where they alleged that Debt Box was essentially a fraudulent enterprise and received a TRO against them (as reported by @CoinDesk among others). There's a small teensy tiny problem with that situation now though which is that a federal judge just found"
X Link 2023-12-01T12:52Z 19.7K followers, 1.4M engagements
"Live look inside SEC headquarters this weekend (ht. @shirliishirlii):"
X Link 2023-12-02T23:16Z 19.7K followers, 56.2K engagements
"I never thought I would see the day when Elizabeth Warren became a proud champion of big banks. Yet today is that day. Imagine going back to the Occupy Wall Street protestors in Zucotti park and showing them what I have in my hands right now. What is that you ask I am holding a copy of the letter that Elizabeth Warren is sending to crypto companies lobbying firms and trade associations attempting to bully them into supporting her bill that would further cement TBTF bank monopolies and restrict innovation to get around their vampiric grasp on the financial system. Warren begins this odious"
X Link 2023-12-19T15:28Z 19.7K followers, 98.3K engagements
"When I said earlier that Elizabeth Warren was in the pocket of the banks this is why. All Americans should be outraged that banks which are the main facilitators of money laundering to terrorist groups are using that as a fake concern to entrench their monopolies. Who could be so brazen as to write legislation that would effectively ban #crypto Senator @RogerMarshallMD the GOP frontman of the crypto ban bill revealed the American Bankers Association wrote it. #StopCryptoBan https://t.co/dHufIaXB7i Who could be so brazen as to write legislation that would effectively ban #crypto Senator"
X Link 2023-12-19T20:26Z 19.7K followers, 30.5K engagements
"It's a good thing the SEC hasn't been running around lying in Federal court and committing perjury or it would be pretty difficult to take this seriously. Oh wait. There is a lot of noncompliance in the crypto space. It undermines confidence when so many people have been hurt and all they can do is stand in line in the bankruptcy court. Further this can make it hard for the good faith actors to compete. https://t.co/9L1WKa4R6S There is a lot of noncompliance in the crypto space. It undermines confidence when so many people have been hurt and all they can do is stand in line in the bankruptcy"
X Link 2023-12-21T23:32Z 19.7K followers, 44.8K engagements
"They wont stop attacking crypto until their supporters actually turn on them. I now refuse to vote for any anti-crypto politician (meaning if Biden is the nominee I will not vote for him despite being a Dem). Almost every cryptolawyer I know is a strong Biden/Dem supporter despite Biden being/current Dem party being the most anticrypto antitech anti-free-market president/party in history. Lesson in there but not sure what the lesson is. Almost every cryptolawyer I know is a strong Biden/Dem supporter despite Biden being/current Dem party being the most anticrypto antitech anti-free-market"
X Link 2023-12-29T13:50Z 19.7K followers, 89.9K engagements
"Am I crazy or did Better Markets really just publish a screed replete with typos urging the SEC to literally ignore a federal judge and the law and do what they want anyways Better Markets now dropping their comment on why the SEC should deny. Arguing that the @Grayscale court decision "should not compel the SEC to deviate from its previous well-grounded decision disapproving multiple spot Bitcoin-based ETPs" https://t.co/KVwhTKRRDL Better Markets now dropping their comment on why the SEC should deny. Arguing that the @Grayscale court decision "should not compel the SEC to deviate from its"
X Link 2024-01-06T00:54Z 19.7K followers, 116.7K engagements
"Sounds like your agency might need an entirely new rules framework to address these novel technological risks you seem incapable of handling before you should be allowed to continue to operate in the United States The @SECGov twitter account was compromised and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. The @SECGov twitter account was compromised and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products"
X Link 2024-01-09T21:29Z 19.7K followers, 12.4K engagements
"Read the entire document if you want to know why I called this out before and why I have specifically stated that the SEC is in a different category than all other Federal regulators. The SEC lied in court destroyed lives and was essentially at the center of a criminal conspiracy. It kicked off events that included children being interrogated at gunpoint by Federal agents entire businesses of innocent people being destroyed employees who had no involvement not being paid and massive amounts of retail investors being wiped out. I would like to know if any of the usual SEC defenders have"
X Link 2024-01-16T16:40Z 19.7K followers, 83.6K engagements
"I am listening to the arguments in @coinbase vs. @SECGov and I'm pretty sure that the SEC just argued that Pokemon cards are securities. They said collectibles aren't securities because you have to buy into something that "gives you access" to the enterprise but isn't that exactly what a pokemon card does if you play the game You can't play the game without the cards And more so the collective efforts of the community to make the game more popular does increase the value of the cards. This is wild to me; I know we raise the Pokemon thing as "obviously you don't mean that" but if anyone else"
X Link 2024-01-17T16:39Z 19.7K followers, 100.8K engagements
"This pathetic security theater is driving young people out of the Democratic party. They aren't stupid. This bill does not apply the same AML rules. If it did then your web browser would have to KYC you to visit Ebay and your car would have to KYC you to drive to the store. A new@USGAO reportconfirms that rogue nations are using crypto to dodgesanctions and undermine our national security. Its time for crypto to follow the same anti-money launderingrules as everyone else.Ive got a bill to make it happen. A new@USGAO reportconfirms that rogue nations are using crypto to dodgesanctions and"
X Link 2024-01-22T04:08Z 19.7K followers, 61.4K engagements
"If shoddy work of such poor quality that I would fail one of my students for this sort of effort is all the ECB can manage it really makes me question if they are competent enough to manage a trans-national currency and monetary system. Bitcoin has failed to become a global decentralised digital currency instead falling victim to fraud and manipulation. The recent approval of an ETF doesnt change the fact that Bitcoin is costly slow and inconvenient argues #TheECBBlog https://t.co/e9Ek01Dism https://t.co/ddBFsv4g0w Bitcoin has failed to become a global decentralised digital currency instead"
X Link 2024-02-22T15:27Z 19.7K followers, 70.5K engagements
"If you think this is a joke I have been in a meeting with the SEC where almost exactly this happened. $100s of millions of investment money and tons of high paying jobs are leaving the US and founders aren't just refusing to return but actively distrust the US and its law now SEC Cmrs @HesterPeirce and @UyedaMark w/ a 🔥dissent on the @ShapeShift settlement. Namely that the SEC: 1) doesnt specify which of the [--] assets might constitute investment contracts 2) doesnt allege any fraud or consumer harm occurred What its like for a crypto startup: https://t.co/5XDBEOl53c SEC Cmrs @HesterPeirce"
X Link 2024-03-06T17:23Z 19.7K followers, 108.1K engagements
"The SEC is once again showing their hand as they are disclosing today that their enforcement crusade against crypto is also a sideshow to distract against their lack of pursuing cases against traditional financial firms. Why do I say this From the SIFMA conference today where Grubir Grewal (the evil Grewal sorry @iampaulgrewal) was speaking: 50% of SEC enforcement cases were crypto in [----]. Note that crypto is about a $2.7T market compared to $50T of US equity and $53T of debt along with untold derivatives notional. This means only one of two things can be true: [--] - Crypto markets are so"
X Link 2024-03-18T13:50Z 19.7K followers, 65.6K engagements
"For those who were telling me I was being unfair to the @SECGov earlier please read this entire document. The SEC lied in court and doubled down when the judge noticed. Why should any American trust the SEC or believe they act in good faith after this "The Commissions above-discussed conduct constitutes a gross abuse of the power entrusted to it by Congress and substantially undermined the integrity of these proceedings and the judicial process. The operation of the American judicial system rests on the fundamental https://t.co/eBYI8AhJSt "The Commissions above-discussed conduct constitutes a"
X Link 2024-03-18T21:41Z 19.7K followers, 51.2K engagements
"@SoftBoobie5 @EFF If is doing so much work here. If you had 100% accuracy and no false positives Maybe. Is that anywhere close to reality No. We are at levels of if nobody ever got injured or killed in the French Revolution here"
X Link 2024-03-23T16:05Z 19.7K followers, [----] engagements
"So I am reading the Lummis-Gillibrand stablecoin draft and one of the things that makes it really really hard for me to be optimistic about these efforts sometimes is when there are catastrophic basic failures within these bills that I know are based upon things the folks in the crypto industry are asking for. What do I mean in this case Lets talk about a niche and nerdy issue which is the exact reserve requirements. What is in this bill Physical cash (LOL) bank deposits [--] day or less T-Bills and repurchase agreements of up to [--] days. To most people This seems innocuous. To me Reading that"
X Link 2024-04-17T14:10Z 19.7K followers, 73.6K engagements
"Spoken like someone who doesnt understand how existential this may be. @MollyJZuckerman if four more years of the Biden admin means I will be leaving the country likely renouncing my citizenship and becoming an active advisor to companies and nations who are fully intending to use blockchains to seize control of the financial rails from the United States youre saying I should still put that aside and not vote on that basis Im not sure what a more relevant single issue voter scenario could be than one having a fork in the road between living in the US vs. not just leaving but a likely lifetime"
X Link 2024-05-11T16:10Z 19.7K followers, 91.4K engagements
"The SEC is an agency that has abandoned the rule of law to attack the industry most likely to challenge the power of entrenched financial institutions. Really makes you think doesnt it In a brief to avoid dismissal of its case against Debt Box with prejudice @SECGov includes a remarkable admission that it did not follow its own typical Wells process when it refused to tell us what assets would be charged as securities: "The Wells process is designed to aid In a brief to avoid dismissal of its case against Debt Box with prejudice @SECGov includes a remarkable admission that it did not follow"
X Link 2024-05-13T23:26Z 19.7K followers, 34.5K engagements
"Tomorrow the Senate will vote on the SAB-121 repeal. It may be the only thing the crypto and tradfi industry agree upon. First to re-iterate SAB-121 is the rule that the SEC unilaterally adopted with no consultation with the industry that says the following: Unlike all other forms of custody if you custody crypto assets you must put them on your balance sheet as though you own them and hold capital against them. This is essentially insanity. It quite possibly damages the rights of crypto holders in a bankruptcy there is no economic rationale for holding capital against assets a firm does not"
X Link 2024-05-16T02:16Z 19.7K followers, 39.3K engagements
"For all who would say crypto is not bipartisan we just rolled up 20+ dems in the house and 10+ dems in the Senate including the majority leader @SenSchumer and several OG privacy and due process advocates like @RonWyden. This is a American issue not a partisan one. SAB [---] CRA first standalone crypto bill ever to pass both chambers of CongressSAILS through the Senate 60-38. Dems voting for CRA/against WH & SEC: Schumer Gillibrand Hickenlooper Peters Tester Sinema Rosen Kelly Casey Booker Lujan Wyden (Biden still expected to veto) https://t.co/maxjgVSXqP SAB [---] CRA first standalone crypto"
X Link 2024-05-16T16:50Z 19.7K followers, 24.5K engagements
"The SEC failed to catch any of FTX Celsius BlockFi Terra or 3AC but did manage to sue Coinbase Kraken and Uniswap (who harmed nobody) Oh and ignored pink sheet fraud to do this. @mcuban is right Dems need to abandon this strategy or they will lose the election. Who benefits from the passage of the #NotFIT4PurposeAct: ✅Wealthy #crypto firms that have chosen not to register w/the @SECGov or otherwise comply w/the securities laws Who stands to lose: ❌Ordinary investors trying to build wealth Who benefits from the passage of the #NotFIT4PurposeAct: ✅Wealthy #crypto firms that have chosen not to"
X Link 2024-05-22T18:53Z 19.7K followers, 196.4K engagements
"Its nice to see that the Biden Administration still somehow supports FTX and the offshoring of the financial industry. Why do I say that As a reminder SAB-121 the guidance illegally adopted by the SEC without going through rulemaking procedures or conferring with our banking regulators adequately does the following: [--] - Unlike custody for every other asset custodians must consolidate customer assets onto their own balance sheet meaning that there may be legitimate questions about assets being bankruptcy remote that do not extend to normal custodial relationships (e.g. somehow insanely the SEC"
X Link 2024-06-01T00:28Z 19.7K followers, 295.5K engagements
"I know everyone is talking about the comedy show where two old guys argued about golf last night but something actually important just happened for crypto (and the rule of law generally). Chevron being overturned by the Supreme Court is incredibly important. One of the most pernicious elements of the modern administrative state has been the propensity to either interpret laws to give maximum power to agencies (rather than to faithfully execute the law as Congress intended) and more annoyingly than even that (which was already pretty annoying) interpreting the law differently each time a new"
X Link 2024-06-28T16:34Z 19.7K followers, 55.1K engagements
"@sporadica Everyone who mistakes correlation for causation ends up dying"
X Link 2024-07-15T13:14Z 19.7K followers, 41.4K engagements
"My thoughts on this: [--] - Trump definitely seized the initiative from the Dems here and underscores the insanity of Senator Warren's anti-crypto army. I have deep blue Democrats in NYC texting me that they are voting for Trump. All under [--]. This resonated with younger people as the moves of someone who understands the strategic importance of technology. [--] - The first three are excellent moves. Gensler has been a disaster for the credibility fairness and reputation of the SEC. That's deserved; when you run an extra-judicial illegal highly prejudiced blockade against an industry because of your"
X Link 2024-07-27T23:49Z 19.7K followers, 45.5K engagements
"0/ So @GaryWinslett recently asked for a defense of crypto and why he as a well-situated middle class American who largely thinks our system works should believe in it or support it. I think thats a totally legitimate question to ask and one that cuts to the heart of why the debate has been so broken. I think it was also asked in good faith so I believe it deserves a real answer. One of my criticisms of the crypto space is that CT has a bad habit of just screaming at people instead of actually debating real concerns and questions and I don't want to behave like that myself. Thus I am going to"
X Link 2024-07-28T15:59Z 19.7K followers, 152.5K engagements
"0/ Today we are forced to return to an incredibly unfortunate subject: Operation Chokepoint [---]. I will include the press release from the Federal reserve at the end of this thread along with @nic_carter's original article on OCP 2.0"
X Link 2024-08-08T16:56Z 19.7K followers, 123K engagements
"This is rather unfortunate but I am forced to agree with @intangiblecoins here. If the Harris administration is going to continue OCP [---] (ht: @nic_carter) it's impossible to support them from an ethical standpoint and I say that as a Democrat. Unless you believe administrations should be able to pick winners and losers to get banking access (depending on their preferences) this is a non-starter. And if you do believe that you'll believe it is okay for a future Trump administration to designate things like green energy producers and public sector unions as "high risk" industries that should"
X Link 2024-08-13T14:13Z 19.7K followers, 63.7K engagements
"As someone who has been at one of those institutions not only is @brian_armstrong correct I'm going to add a few more points: [--] - The SEC restricting the ability of doing ETF creates in-kind is a lot of what has created this problem. If you could create ETF shares by contributing #BTC or get #BTC when you destroy them you have a lot less of a timing problem. [--] - This is also just because the legacy banking system is slow and the legacy securities system settles slowly. If I have someone trading for shares and they settle T+1 I have to buy things before I get the cash (which also will settle"
X Link 2024-09-14T18:53Z 19.7K followers, 41.2K engagements
"The main thing I am learning from this debacle around @coinbase being falsely accused of fraud around the ETFs in a conspiracy theory that is a near exact clone of the paper gold conspiracy theories around gold ETFs is that many crypto people will largely have zero risk judgment. This space has an awful habit of trusting complete and total scammers because they whisper the right ideological words while trying to tear down and/or totally ignoring honest actors. Zero actual methodological consistency in risk management practices but rather selective freakouts based on the craziest Twitter"
X Link 2024-09-16T20:15Z 19.7K followers, 63.2K engagements
"1/ My worst fears have been realized. Many will think that those are that Operation Chokepoint [---] is real. And here's the thing: I've known that for a while. What was not known to me was whether OCP [---] was founded on a concern about sophisticated understandings of the banking i feel extremely vindicated - my original reporting has been 100% proven correct since it was published in [----] (with small details wrong like the Fed not the FDIC imposing the 15% cap) but i'm not happy i'm upset because even though people talk about OCP2.0 no one really i feel extremely vindicated - my original"
X Link 2024-09-20T01:01Z 19.7K followers, 200.3K engagements
"This cuts straight to the heart of the problem with the SEC. @RitchieTorres expertly lays out why Gary Gensler's speculative beliefs about securities law applying to blockchains matters so much. Blockchains are a ledger technology: what you put on them is what should determine if something is a security. If you tokenize a rock or a donut or a yankee ticket or a pokemon card these things are not themselves securities just because you changed the ledger That would be like saying if we move from recording things in Excel to recording things in Access then they become a security in Access but not"
X Link 2024-09-24T19:20Z 19.7K followers, 39.7K engagements
"1/ Now that @cz_binance has been released I want to take a moment to comment on the situation involving @binance and the US approach to crypto. gm gm"
X Link 2024-09-28T17:11Z 19.7K followers, 496.7K engagements
"Read the entire thread. There is perhaps no more important issue facing us for the next administration and ending the political weaponization of banking regulators is something all Americans can rally behind. As @nic_carter raises in this piece it has been two Democratic administrations in a row that have used this playbook against political opponents or disfavored industries they wanted to eradicate. This is completely unacceptable and deeply ironic that a Democratic party that built an election strategy around calling @realDonaldTrump a fascist was literally running part of the fascist"
X Link 2024-11-27T23:13Z 19.7K followers, 170.4K engagements
"0/ What is debanking and what are the mechanics Since @pmarca blew the whistle on Operation Chokepoint [---] on @joerogan's podcast this issue has finally gotten the attention it deserves. However as is usual with these things the discourse has become the embodiment of chaos"
X Link 2024-11-30T23:18Z 19.7K followers, 461.7K engagements
"I will remind all Democrats that Caroline Crenshaw voted that the SEC should disobey a Federal judge break the law and instead reject BTC ETFs after being ordered to approve them by a court. And you want to renominate this person while calling Republicans the lawless ones 🚨 as one last gift for crypto on the way out the door Senate Banking Chair Sherrod Brown is trying to ram through the renomination of anti-crypto SEC commissioner Caroline Crenshaw. Committee vote set for next Wednesday. https://t.co/nrphszrYrU 🚨 as one last gift for crypto on the way out the door Senate Banking Chair"
X Link 2024-12-07T17:19Z 19.7K followers, 45.5K engagements
"0/ So people are upset with me for opposing the Bitcoin Strategic Reserve and saying Coinbase should not buy #BTC for their treasury have incorrectly assumed this means somehow I don't like Bitcoin. If you think that is what I think you are wrong and should feel bad"
X Link 2024-12-15T21:07Z 19.7K followers, 369.1K engagements
"So after reading this again I think I'm going to find someone to write a PJ O'Rourke style comedic brief with me arguing the following about this rule: If the IRS is serious about this interpretation (and boy do they seem serious so we're going to take them seriously) then they are inappropriately politically targeting the crypto industry with the way they have written it. Why Because if they are serious about the multiple broker interpretation it clearly also applies to ISPs web browsers wallets etc. Attaching it merely to the DeFi frontend privileges all other components of a single"
X Link 2024-12-27T15:08Z 19.7K followers, 142.8K engagements
"This is completely fucking deranged. At the low end a [--] year run of 30% returns per annum would have BTC worth roughly 7x the entire US stock market combined. At 50% it is possibly worth more than all other assets on earth combined. The average human brain does not understand compounding. As BTC grows every single dollar of price increase becomes harder than the last one because of this principle and at some point exponentially so. You would have to believe that BTC is literally the most important invention in the history of man by a margin so large it is insane to the point that it is more"
X Link 2024-12-30T02:42Z 19.7K followers, 237K engagements
"For those who continually ask me why banks are not using public blockchains I believe @iampaulgrewal has your answer courtesy of the incredible legal powers of FOIA. They wanted to but could not. The answer is because the regulators stonewalled them. https://t.co/nw1PCy9muT 3/3 https://t.co/nw1PCy9muT 3/3"
X Link 2025-01-03T17:42Z 19.7K followers, 251.4K engagements
"I am not sure the crypto industry understands how much they owe to @coinbase. This is a firm that has been tirelessly fighting to stop the SEC's rogue behavior and to expose Operation Chokepoint [---] (first reported on by @nic_carter among others) despite the fact that @coinbase is probably the second biggest beneficiary of OCP [---] (behind hilariously only @tether). Why do I say this Given that the usual bank custodians were banned from the space who is the big winner of the ETF custody game for the largest ETF launch in history (the BTC ETFs) Oh that's right @CoinbaseInsto. Given that new"
X Link 2025-01-03T23:36Z 19.7K followers, 398.6K engagements
"@fofrAI Good work AI"
X Link 2025-01-08T02:32Z 19.7K followers, 35.5K engagements
"Hey Bernie I'm a Democrat. We want solutions not finger pointing. This is a fire in a state with a Democratic Governor and Democratic Legislature and Democratic local mayor and Democratic local politicians all of whom for years have been failing at basic water management and forestry. Oh and our president is also a Democrat. But you blame Donald Trump This is why people didn't vote for the Democrats and if this is the strategy do the Democratic party a favor: sit down and step back in favor of a new generation of leadership who cares about actually solving problems instead of scoring social"
X Link 2025-01-08T21:15Z 19.7K followers, 406.1K engagements
"I know a little bit about fires. I worked in reinsurance and ILS for two decades. On wall street where I ran insurance-linked trading at JPM at Stone Ridge where I was one of the people running the ILS portfolios and in the broker and analytics space even before business school. This is really fucking bad. I say that so we aren't sugar coating it. This is going to be massive massive amounts of property damage. There's a non-zero chance it's going to destroy some of the remaining few CA insurers who handle fire. There's also a large chance that it spills over to CA as liability for their"
X Link 2025-01-09T04:11Z 19.7K followers, 63.4K engagements
"Perhaps my hottest take: the #1 thing we could do to fight financial crime is actually to force all banks to use blockchains. The @FDICgov abusively moved to choke off legitimate crypto companies but let a U.S. company send money to sanctioned Russian banks (Damian v. @Deel 1:25-cv-20017 S.D.Fla.) @FDIC_Exposed https://t.co/ZAVIBcGgxl The @FDICgov abusively moved to choke off legitimate crypto companies but let a U.S. company send money to sanctioned Russian banks (Damian v. @Deel 1:25-cv-20017 S.D.Fla.) @FDIC_Exposed https://t.co/ZAVIBcGgxl"
X Link 2025-01-09T22:49Z 19.7K followers, 55.5K engagements
"Maybe instead of prosecuting @coinbase and @krakenfx you should have oh I don't know gone after any of the actual bad actors FTX. 3AC. Celsius. TerraForm labs. The list goes on. How many did Gensler's SEC identify pre-emptively and stop Zero The same grade I give Gary. Securities and Exchange Commission Chair Gary Gensler says that crypto is "rife with bad actors" https://t.co/y7Ay3mGxJg https://t.co/iFWjUuHkOl Securities and Exchange Commission Chair Gary Gensler says that crypto is "rife with bad actors" https://t.co/y7Ay3mGxJg https://t.co/iFWjUuHkOl"
X Link 2025-01-10T04:33Z 19.7K followers, 73.4K engagements
"One thing that I think the progressive left needs to understand is that the cancel tactics of literally threatening livelihoods and businesses have created a lot of extremely extremely permanent and motivated enemies. What Chris is saying here is not unique. I have many friends in the crypto space who will never vote Democrat again and to be honest I'm not sure the party can do anything to win them back. They had businesses destroyed saw personal friends forced out of the country and in many cases had their own personal bank accounts and those of family members closed. All without committing"
X Link 2025-01-22T17:47Z 19.7K followers, 71.6K engagements
"This exact issue is why former SEC staffers do not get to get on their high horse about memecoins. Had thr SEC literally not existed for the last four years we'd have less crime not more. You idiots missed FTX TFL Celsius. 3AC and more. You did nothing to interdict any of the memecoin scammers or pig butchering scams destroying lives. But you sued CoinbaseKraken and Consensus. One single dude at @IncaIntel and a handful of public interest lawyers out of @UCBerkeley have done more to protect people from scams and help victims than the entire SEC and bank regulatory space combined. Federal"
X Link 2025-02-20T17:56Z 19.7K followers, 68.7K engagements
"That Colossal Wreck I received a message today from someone quite senior in the Democratic party asking me why I have been relentlessly hostile to @SECGov and folks like @garygensler and @amandalfischer asking if I http://x.com/i/article/1893010244181037056 http://x.com/i/article/1893010244181037056"
X Link 2025-02-21T22:44Z 19.7K followers, 294.2K engagements
"0/ A while back I had written a piece on @ethena and USDE asking them to disclose risks clearly and not overpromise stability or call it a stablecoin. I'm used to people in crypto getting grouchy with me when I point things out so let me tell everyone now that it was a huge fucking surprise to me when not only did Ethena actually listen they started doing things based on exactly the discussion we had. Unusual. In a good way. Well now I'm going to write another piece on the @Bybit_Official hack and how it impacted Ethena and why there are 100% lessons in here for everyone else in crypto. TL;DR"
X Link 2025-02-24T23:14Z 19.7K followers, 59.7K engagements
"Without revealing my sources we still have one of our Federal banking regulators (the Federal Reserve) telling banks directly they are not allowed to serve crypto clients or handle crypto flows. This must stop. @FinancialCmte @nic_carter @CaitlinLong_"
X Link 2025-03-26T12:56Z 19.7K followers, 46.6K engagements
"As someone who was highly critical of Biden and was known to have had the balls to predict a Trump win in [----] on the JPM rates floor let me actually give some predictions here: When things get ugly in politics attitudes harden. I expect that in the short-to-medium term Trump's supporters are going to be all-in on the tariff strategy. They will say it's working as intended. Countries are coming to negotiate. Money will be pouring in from the tariffs. We'll be rich any day now. For those observing the right it will be a strange journey as the behavior will be oddly similar to the Harris"
X Link 2025-04-07T02:40Z 19.7K followers, 81.8K engagements
"@jaketropolis @emzanotti E tu Bronte"
X Link 2025-04-29T17:31Z 19.7K followers, 29.8K engagements
"An Open Letter to the Democratic Party on Stablecoins TL;DR I have a former student who will remain nameless (though she told me I can use her for this example) and here is her profile: minority 1st generation immigrant LGBTQ lives in the northeast http://x.com/i/article/1918801141908770816 http://x.com/i/article/1918801141908770816"
X Link 2025-05-03T23:13Z 19.7K followers, 133.8K engagements
"@exec_sum This is definitely not a positive; a 4-year non-compete in a situation where the employer had all the power is definitely not appropriate. If anything we should eliminate them completely"
X Link 2025-05-09T23:08Z 19.7K followers, [----] engagements
"0/ Imagine that you are on a trading desk on Wall Street on a Friday afternoon. It is late summer or early fall in [----]. The vibes are extremely very exceptionally not good. You are watching bond prices which have moved in basis points for years crash by [--] points in a single day on things that are "completely safe" in the common knowledge. You already know some of your competitors will not make it. Some of them have in fact already not made it. Essentially every day you are showing up in the office to attempt to cross the financial equivalent of a live minefield. It's 3:02pm on Friday. You"
X Link 2025-05-12T14:06Z 19.7K followers, 73.3K engagements
"The Empire Lobbies Back As I had predicted I am hearing the bank lobby is panicking about stablecoins and specifically the ability to pay any form of rewards or interest. So for my friends on the Democratic side let me simplify what you are hearing: The banks want you to protect their cartel so they can keep screwing your voters. Especially younger voters (you know the ones that just swung hard to the right because you supported the pro-banker bonus / anti-crypto army over them). Why To use an example from before the current model of many banks (and I will say there are some banks that are"
X Link 2025-05-21T12:44Z 19.7K followers, 85K engagements
"@jarvis_best Holy shit. You can clearly see the moment where the Mitchell Robinson free throw strikes the building"
X Link 2025-06-16T18:03Z 19.7K followers, 51.6K engagements
"@DanFeldmanNBA Ridiculous PG: Jalen Green SG: Devin Booker SF: Bradley Beal PF: Dillon Brooks C: Grayson Allen"
X Link 2025-06-22T18:07Z 19.7K followers, 137.7K engagements
"@metzgov Adams vs. Cuomo vs. Sliwa vs. Mamdani vs. Lander only without RCV this time just as our (checks notes) two party system intended. What we are seeing is the breakdown of the internal coalition of the Democrats in real time"
X Link 2025-06-22T22:08Z 19.7K followers, 38.7K engagements
"One of the most disappointing parts of crypto has been watching Elizabeth Warren evolve from the champion of the little guy to a defender of rent-seeking intermediaries and an active purveyor of misinformation to achieve their corrupt goals. JUST IN: Senator Elizabeth Warren says crypto could "blow up" the entire US economy. https://t.co/KCGh3dZV5O JUST IN: Senator Elizabeth Warren says crypto could "blow up" the entire US economy. https://t.co/KCGh3dZV5O"
X Link 2025-07-17T14:47Z 19.7K followers, 54.5K engagements
"The Genius act has passed. 306-122 with [--] NV remaining on the R side. [---] Democrats in favor after also bringing in massive support from the Democratic side in the Senate. This is the most important piece of bipartisan financial legislation since Dodd-Frank. A new era begins"
X Link 2025-07-17T19:40Z 19.7K followers, 31.3K engagements
"@shortmagsmle The pill did not come out in 1800"
X Link 2025-07-28T15:43Z 19.7K followers, 11.3K engagements
"If everyone is launching their own L1 I have to hop between why shouldn't I just use a bank"
X Link 2025-08-12T12:12Z 19.7K followers, 76.7K engagements
"This sort of post is why I started the newsletter. @krogoff is actually a solid economist on areas where he has personal knowledge but he also may be the single worst situated person in the entire world to understand the value of Bitcoin. Why do I say this He's in America. He's at Harvard. He's rich. He's part of a politically favored class. He lives in the country with the reserve currency and has easy access to that and banks. Our country has rule of law and things work (mostly - at least compared to many others). Why would he need USD stablecoins or Bitcoin on a day to day basis The"
X Link 2025-08-20T00:53Z 19.7K followers, 82K engagements
"Just as a note for everyone in crypto since you're not used to this: Insider trading in stocks is illegal. this is gonna be a bloodbath (and this is the exact right type of enforcement work the sec should be doing) https://t.co/ay8moD0fyB this is gonna be a bloodbath (and this is the exact right type of enforcement work the sec should be doing) https://t.co/ay8moD0fyB"
X Link 2025-09-25T22:43Z 19.7K followers, 51.3K engagements
"0/ We are watching @binance crash out using China's PR playbook. This is a fascinating study in what goes wrong when news of possible bad behavior meets a global audience. 🧵 Binance going out of its way to bully a founder They just turned a molehill into a mountain What a blunder Binance going out of its way to bully a founder They just turned a molehill into a mountain What a blunder"
X Link 2025-10-14T23:23Z 19.7K followers, 89.8K engagements
"How badly do you have to fuck up your insane revisionist history for me to agree with @BetterMarkets and the community notes SBF was a criminal. He was a pathological liar. He stole customer funds. He deceived users and investors. FTX was 100% insolvent. You have to be a literal fucking retard or a criminal involved with the thing to think otherwise. https://t.co/my8R0T9gNb https://t.co/my8R0T9gNb"
X Link 2025-10-16T22:54Z 19.7K followers, 28.5K engagements
"@SenWarren You sat by idly while banks did the same thing and did nothing. If CZ is a criminal you sold everyone out to the bankers for pennies"
X Link 2025-10-23T22:07Z 19.7K followers, 20.3K engagements
"It is entirely possible that @realDonaldTrump is president because of @SenWarren and the anti-crypto army. New data shows that many crypto voters still identify as Democrats but they are increasingly willing to support Republicans who stand for innovation and digital freedom. This is very intriguing polling data. New data shows that many crypto voters still identify as Democrats but they are increasingly willing to support Republicans who stand for innovation and digital freedom. This is very intriguing polling data"
X Link 2025-10-27T18:36Z 19.7K followers, 41K engagements
"Speaking as a moderate Democrat who gets this from both sides (both the very pro-Trump and very anti-Trump sides are angry with me) the truth is if they were willing to ditch you over this they never cared about you to begin with. You were just a prop in their own internal fantasy. Let it go and move on. Living well is the best revenge"
X Link 2025-10-28T15:48Z 19.7K followers, 21.4K engagements
"0/ I remain convinced that the SEC under Gensler has done lasting damage to the Democratic party because it built a narrative around crypto and blockchain on completely false premises that continues harming the party to this day"
X Link 2025-11-01T20:35Z 19.7K followers, 78.1K engagements
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