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Caitlin Long 🔑
@CaitlinLong_
, 4 tweets, 4 min read Read on Twitter
1/ Thanks for a fun discussion w/ @WallStreetBTC, @ronqman--many great ?s abt what #Wyoming's #blockchain laws mean. 3 big things for attys to dig into: (1) law of possessory security interests--lots of precedent--means #WY law may apply to #crypto lending/prime brokerage tx even
2/ if you structured it not to, (2) direct ownership + bailment = v investor-friendly #custody regime--doesn't exist in #securities custody today. Many ppl who want custodians to be just service providers, not counterparties, will love having this option (esp HNW & fiduciary
3/ investors, such as mutual & pension funds, etc) & (3) #Wyoming's long history of favorable tax & privacy laws (+culture of defending these)=powerful combination. I forgot to mention WY has 25 Opportunity Zones: wyomingbusiness.org/news/wyoming-n…. We'll host event in WY in May-deets soon!
PS--so great to re-connect with @AndreaTinianow & @LittleBright888, both former colleagues! Photo credit to Lisa! 🤠
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More from @CaitlinLong_ see all

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Caitlin Long 🔑
@CaitlinLong_
1/ WOW-the Fed is looking to do a stealth QE5. I’d missed this but as usual Jeffrey Snider at @Alhambralnvest is on top of it + understands what it really means. Gee, ya think the Fed finally figured out WHY there are problems in the repo mkt—bc there’s... alhambrapartners.com/2019/03/13/the…
2/ ...only 1 real US Treasury security for every 3 owners whose brokerage accts show they own it (per IMF estimate)? It’s no shock why mkts periodically become illiquid when banks hoard claims on Treasuries (~2/3 of which aren’t real). The Fed needs a way to swap those claims...
3/ ...for something “real” when mkts seize & this is it—bank reserves. “Real” in quotes, sarcastically. The fact that this repo facility is on the table does, indeed, mean things aren’t quite right in fin mkts, as Jeff says. They never were. I suspect he’d agree. #rehypothecation
Read 3 tweets
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Caitlin Long 🔑
@CaitlinLong_
1/ HEY CRYPTO LAWYERS--@AndreaTinianow analyzes #Wyoming's commercial law for #blockchain assets & wrote a definitive guide to it for blockchain lawyers. She also compares it to @uniformlaws proposed Supplemental Act & favors WY's approach. @ForbesCrypto forbes.com/sites/andreati…
2/ Best quote: "As the founding director of the #Delaware Blockchain Initiative, I cannot stay silent about a law (the @uniformlaws Supplemental Act) that would extinguish the power of #blockchain technology to clean up problems in capital markets." So much here--will post more
3/ .@AndreaTinianow explains how #Wyoming confers "super-negotiability" to digital assets. She calls super-negotiability the "holy-grail" of commercial law (called the #UCC). I'd worked w/ Andrea before but hadn't realized she's a UCC expert from her prior work in #Delaware--wish
Read 13 tweets
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Caitlin Long 🔑
@CaitlinLong_
1/ ANYONE CURIOUS how US laws enable the #securities industry to create phantom securities, eg Dole Food case (36.7m shares outstanding but brokerage statements showed 49.2m valid owners)? The Uniform Commercial Code’s Article 8 indirect ownership regime, enacted in 1994 in all..
2/ ...50 states, enabled this. And now the Uniform Law Commission wants to apply this to #bitcoin & #virtualcurrencies—UGH!!! It’s a recipe for insolvent financial institutions & consumers losing money! The pics in this thread speak volumes abt the loopholes in UCC Art 8 that...
3/ ...enable creation of phantom securities. This is just WRONG! It changed what used to be a clear, direct property right for securities into an “attenuated property right which looks much more like a contract right against the [leveraged securities] intermediary.” This comes...
Read 8 tweets

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Drew Hinkes
@propelforward
#Wyoming Digital Assets act includes definitions of digital asset, digital consumer asset, digital security, #virtualcurrency, classification of assets under UCC, covers perfection against those assets, custody by banks, & jurisdiction by courts wyoleg.gov/Legislation/20… 1/x
WHY THIS IS IMPORTANT: there is no uniform treatment of the various types of #cryptoassets. The IRS views them as property. Some cases & regulators- Shavers, Faiella FINCEN- view them as money equivalents. Some states do not view them as money equivalents- WY, SD, PA. 2/x
Some #cryptoassets are viewed by the CFTC as commodities, or by the SEC as securities. Courts have been inconsistent in their views of these assets. Uniform Acts seeking to bring clarity have not been passed in any jurisdiction. This is confusing for everyone including lawyers3/x
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ElecProNeuTRON
@ElecProNeuTRON
Starting a MEGA #niTROn2019 twitter thread here to keep things organized and provide you an update.

#Tron $TRX #BitTorrent $BTT #Ethereum $ETH #Bitcoin $BTC

2 days of updates, all in one thread; this one.

Be sure to RT and share for others! @JustinSunTron
1st 90 minutes of the Event (Intro, Justin Sun, Jordy COO of BitTorrent and 3 Exchange Representatives) 📽️📺 VIDEO OF INTRO & FIRST ACTS

#niTROn2019 #TRON $TRX

The price of #TRON $TRX is CLIMBING fast after hearing the professional thoughts and plans for the TRON NETWORK.

#niTROn2019 is off to a good start! #niTROn

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Matthew Willemsen
@mwill_crypto
0/ Back from an amazing week in Hobart* to bring you a 24-part thread covering the latest from the #crypto space over the past day or two!

*S/O to @TasFireService & @NSWRFS for bravely fighting a near-month-long fire that's now burnt out 28,000+ ha of World Heritage-listed land.
1/ 🛰️ Leading #Bitcoin infra. #tech provider @Blockstream has launched its Blockstream Satellite API Beta.

Paying via the #LightningNetwork testnet (i.e., for free), users can broadcast data via Blockstream's satellite network. No #Internet needed! blockstream.com/2019/01/16/sat…
2/ 🛑 Ethereum's #Constantinople upgrade was postponed due to a potential vulnerability discovered by #blockchain security firm @Chain_Security relating to EIP1283 (i.e., cheaper gas costs for SSTORE operations). Next course of action to be explored during Friday's core dev call.
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Sursdik
@SURSDIK
Is President Obama Reading A Muslim Book Called The Post-American World? wafflesatnoon.com/is-president-o…
Why was this immediately disregarded as false?
What is ‘Post-American World by Fareed Zakaria’?
Why is this relevant?
Why would the President of the UNITED STATES OF AMERICA be reading this book?
What church did BO attend as pre-POTUS?
Who was BO’s mentor?
How is Alwaleed and HRC connected?
Who was HRC’s mentor?
How is Alwaleed and Bush Sr./Jr. connected?
What occurred post 9-11?
What war did we enter into?
What was the purpose and disclosures given re: justification?
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Praying Medic
@prayingmedic
1) #Qanon has a burning question for America.
This thread covers posts by Q from January 21 - 24, 2018.

First, I'd like to point out that Q moved to a different page due to malicious activity on #GreatAwakening

Currently, Q is posting here: qcodefag.github.io
2) This post was sent the evening of the 21st, while I was recording a broadcast covering posts from that day.

It's a screenshot of an email from Todd Macklerr to Donna Brazille and John Podesta informing them of his current work on voting machines.
3) One of the anons points out that it seems to be a deleted email, possibly from Wikileaks.

#QAnon corrects him. It's not from Wikileaks. It's from the NSA database.
(Nothing is ever truly deleted.)
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