Trade top assets on @base, including @virtuals_io, @reserveprotocol, @AukiNetwork, @SoSoValue & @SuperChampsHQ—all directly in the Coinbase app. This is just the beginning. We're adding more assets in batches to ensure a great trading experience, with support for all assets on @base over the next few weeks.

Either Elon stole this wealth, in which case Bernie should be advocating some kind of criminal case against him, or Elon produced and traded for this wealth, in which case he should rightly be viewed as a hero of civilization for such achievement, and an inspiration to others to achieve the same. Crucially, Bernie's wealth comes to him after being taken by force from others, while Elon's does not. And if you care about the plight of the poor, which all good people should, consider studying the structure of the financial system in which they operate. Consider, as Bernie shows, that from the 1970's something seems to have happened, structurally, that has lead to increasing wealth disparity. This disparity has little to do with Elon's momentous achievements, and much to do with money being perverted into a fiat institution when it was severed from gold in 1971. Civilization is sick because money itself—that blood which courses through its productive veins—was perverted. And it was perverted by people very much like Bernie, who, being unable to produce themselves, advocate for the wholesale theft of what others produce. That overt theft is somewhat distasteful, many insidious methods have been devised... most notably, the debasement of currency, which not one citizen in a hundred even diagnoses as the problem.

Commissioner Peirce just gave a must-read speech offering one of the clearest defenses of financial privacy in the context of crypto and new technologies yet articulated. As she says: We should take concrete steps to protect people’s ability not only to communicate privately, but to transfer value privately, as they could have done with physical coins in the days in which the Fourth Amendment was crafted. Most fears of financial privacy and the technology that enables it flow from a genuine desire to protect this nation from enemies and criminals. Safeguarding our families, communities, and country from harm is extremely important, but curtailing financial privacy and impeding disintermediating technologies are the wrong approach. Denying people financial privacy—whether through sweeping surveillance programs or restrictions on privacy-protecting technologies—undermines the fabric and freedoms of our families, communities, and nation. The American people and their government should guard zealously people’s right to live private lives and to use technologies that enable them to do so. In the written speech there are pointers to deep analysis of the overbreadth of US financial surveillance laws, including a citation to a paper Coin Center published last year on dangerous ambiguities in the Bank Secrecy Act and how they could be abused to “mandate that every American who pays or is paid [] register with the Treasury Department and regularly report the details of her monetary transactions as if she were a bank or other financial institution.” Commissioner Peirce also cites two other federal laws, 6050I and Patriot Act Section 311, that are—in Coin Center’s opinion— already being abused to harm the legitimate privacy expectations of law-abiding Americans. Read the whole thing! Link in the next post.

"True taste is less performative. It is a product doing exactly what you want it to do with minimal friction. It is a feeling of working with a system, rather than against it. It is intuitive but legible, familiar but anticipatory. Design legend Dieter Rams described his philosophy as “Less but better.” This is my favorite encapsulation of what taste means and what it feels like." - @immad

I recently started using @readwise to quickly and easily capture highlights and jot down thoughts from everything I read (books/articles/substack/X/etc). Love that it auto syncs to @RoamResearch daily notes. This works as well as expected. Surprising piece of delight: The daily email with 5 random highlights reminding me of things I wanted to think about!

the only time you are allowed to send someone on Venmo more than $5k per week (probably)

passive income bros talking about real estate always confuse me. there is nothing more passive than stocks/crypto in a brokerage account/coinbase account/hardware wallet (if you are comfortable)

Sometimes I don’t even read the output of LLM because writing the input was so helpful. There’s lessons there.

Index investing (via DTFs) looking a whole lot better right now

Tokenized assets are coming… very, very quickly. Any tokenized asset can be indexed as a DTF on @reserveprotocol. >14% of equities are in indexes and <0.03% of crypto is. I like this combo.