Thread by @Pinboard

This thread about how the SEC is being mean to the company trying to hook cryptocurrency scams into the real economy creates an acute crisis for nanoluthiers, who are still decades away from being able to build an atomic scale violin and thought they had more time

https://twitter.com/brian_armstrong/status/1435440569635856385

Coinbase really is the Sinn Derp of imaginary money, the ostentatiously law-abiding arm of a fundamentally criminal enterprise. Their goal is to enable the criminality at scale by creating a legal way to hook grandma's pension fund into Buttcoin derivatives

Cryptocurrency is basically the sovereign citizen movement for money, which is why it's so important not to lend it legitimacy. The SEC's manifest desire to fire it all into the Sun is gratifying if overdue

Kind of hoping the Taliban realize they could implode the western legal system by making Bitcoin legal tender.