In Brooklyn for 1st appearance of Trump lawyers and prosecutors before special master in Trump Mar-a-Lago docs fight. Senior US District Court Judge Ray Dearie
I believe we have the SDFL US Attorney as well Gonzalez.
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Here in Waterbury for Alex Jones/Sandy Hook trial—Jones is outside the courthouse holding forth for the cameras. He’s apparently reluctant to come inside, where there are three rows of Sandy Hook families in the gallery waiting to hold him to account.
It's as yet unclear whether Jones will testify today. Right now the Infowars corporate rep, Brittany Paz, is again on the stand. During her testimony last week lawyers for the families established that Infowars' traffic/sales surged when he spread Sandy Hook lies.
I spared you the rest of Brittany Paz testimony but you can find it on the livestream https://t.co/HMgIb16umh Now we are on to counterterrorism expert Clint Watts. Lawyer for the families, Josh Koskoff, establishing his creds, which are here:
It's as yet unclear whether Jones will testify today. Right now the Infowars corporate rep, Brittany Paz, is again on the stand. During her testimony last week lawyers for the families established that Infowars' traffic/sales surged when he spread Sandy Hook lies.
I spared you the rest of Brittany Paz testimony but you can find it on the livestream https://t.co/HMgIb16umh Now we are on to counterterrorism expert Clint Watts. Lawyer for the families, Josh Koskoff, establishing his creds, which are here:
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.