At Westminster Magistrates Court, eventually being let into the building, today as Judge Vanessa Baraitser rules on whether Julian Assange will be granted bail today after she ruled he would not be extradited to the US on Monday.
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THREAD: Okay. I'm about to get SUPER space beans tin foil hat on you, so stop reading if you're not into that. Based on what we're learning from public reporting, the pentagon curtailed the response to the trump coup. 1/
We also know from video and public reporting that there were two groups that stormed the capitol. 1) weird-ass bystanders and 2) possibly armed ex-military members with tactical gear and flex cuffs 2/
We also know there was a failed coup attempt in Venezuela orchestrated by Giuliani and former members of Blackwater, an Erik Prince joint. 3/
We also know that Giuliani met with Brian Benczkowski and Bill Barr to lobby for for help to go easy on his Venezuelan pal. Benczkowski is a former Alfa Bank rep. 4/
Further, we know that Erik Prince is the brother of Betsy DeVos (who JUST resigned) and the former head of Blackwater. We also know that the day before the insurrection, a memo was sent out to knee-cap the federal police in DC. 5/
We also know from video and public reporting that there were two groups that stormed the capitol. 1) weird-ass bystanders and 2) possibly armed ex-military members with tactical gear and flex cuffs 2/
After reviewing a lot of footage there seem to be 2 types of ppl at the #capitolbreach.
— John Scott-Railton (@jsrailton) January 7, 2021
Group 1: Selfies. Unsure what to do once inside #CapitolBuilding
Group 2: Purposeful. men who know each other & head for senate floor w/tactical gear & backpacks. https://t.co/3vAdxdlNZh
We also know there was a failed coup attempt in Venezuela orchestrated by Giuliani and former members of Blackwater, an Erik Prince joint. 3/
We also know that Giuliani met with Brian Benczkowski and Bill Barr to lobby for for help to go easy on his Venezuelan pal. Benczkowski is a former Alfa Bank rep. 4/
Further, we know that Erik Prince is the brother of Betsy DeVos (who JUST resigned) and the former head of Blackwater. We also know that the day before the insurrection, a memo was sent out to knee-cap the federal police in DC. 5/
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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.