The House Committee on Financial Services is holding a hearing tomorrow at 10am ET entitled "Oversight of the Securities and Exchange Commission", where SEC Chairman Gary Gensler will be the only witness.
I will livetoot it (with the tag #SEChearing for anyone who wants to mute). A little more background... 🧵
other weird shit from a16z's investment portfolio: newnew, a project described by the BBC as "the app that lets you pay to control another person's life"
indeed, the app invites you to "sign up to become a creator and have people pay to vote and bid on your life decisions!"
"The app, which is still in its 'beta' or pre-full release stage, describes itself as 'a human stock market where you buy shares in the lives of real people, in order to control their decisions and watch the outcome'." https://www.bbc.com/news/business-57085557
@molly0xfff@vampiress looks like I need a new RSS reader. There are some suggestions in this thread that I’ll try, but if anyone else has recommendations, I’d be happy to hear them.
"it's not like we can put the genie back in the bottle! 🤷" – VC who stands to profit massively from the release of the genie, and who has worked tirelessly to release said genie
Witnesses will be:
• Lee Reiners (policy director at the Duke Financial Economics Center, crypto skeptic)
• Linda Jeng (crypto lobbyist)
• Yesha Yadav (law prof at Vanderbilt, pro-crypto, big on crypto self-regulation)
Sen. Warren (D-MA), as to be expected, starts out with a statement about crypto enabling crime, terrorism, ransomware, etc. focuses on the use of crypto for money laundering.
if you are at all able (or able to learn), i highly recommend:
• creating your own website
• on your own domain
• acquiring copies of your data that you care about that's on third party sites (particularly twitter)