6529 Profile picture
Mar 10 10 tweets 3 min read
1/ Not sure if I am supposed to laugh or cry about this.

This is what happens when the state leans on social networks to manage speech.

Even when the state is not allowed to do so directly (🇺🇸)
2/ "You can't advocate violence, except against Russian soldiers if you live on Azerbaijan, Slovakia and Ukraine" is the type of thing that belongs in a satirical book about doomed regimes, not the actual policy of one of the most valuable tech companies in the world
3/ Or how about this one - "you can't praise Neo-Nazi groups except for these 900 in the Azov Battalion in the context of the current war"

That is...weirdly specific, no?
4/ What is happening here is the democratization of media.

When you had 3 TV channels and a few newspapers, it was much easier to keep everyone from saying the things that you are not supposed to say out loud.

And so you got things like this...
5/ ...to Manufacture Consent.

This is the elite form of propaganda, or an elite form of social construction, to get everyone rowing in the same direction.

Everything you believe is a myth, a meme, an intersubjective reality and because situations change, myths get rewritten
6/ What is happening now is that the government can't just gaslight (or make a call to) 20 important reporters and get their talking points out.

The policy has to be written down so the Trust and Safety team at Facebook can implement it across billions of users
7/ And written down, you see the sausage being made, the social construction being formed.

The substantive issue is that US/EU is concerned about Ukraine for geopolitical reasons.

But this needs voter support, so we need to have a storyline too about heroes/villains
8/ BTW, I am not saying that the substantive decision is wrong.

It might be that our policy on Ukraine is exactly right.

But watching what version of reality is socially allowable this week is disconcerting.
9/ And if you think this is bad, a closed metaverse is going to be 100x worse.

You can close Facebook and move on. You won't be able to escape your ambient digital reality.

Imagine everything you ever say having to be in line with the latest from the US press secretary?
10/ The world of tech-enabled centralized control is a dystopia.

Machine learning/AI/big data is a centralizing force

Crypto is the only decentralizing force out there

Let's keep helping society to get to the right rails

🤝

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More from @punk6529

Mar 12
1/ On Punks and Yuga

I have slept on it and my conclusions are were they were last night.

Going put to put them down for the historical record and we will see, in a 1 month, in a year, in a decade, how they age
2/ First some background (OGs can skip the next couple of tweets)

@larvalabs created the CryptoPunks, the Meebits and the Autoglyphs

The licensing regime to holders was basically non commercial use only, with very limited rights as noted below
3/ The rights to Meebits holders (and assumed to punk holders too) were:

✅Up to $100K per year
✅No digital collaboration (physical goods only)
✅No brand collaborations

They are, for an NFT, basically useless rights. Literally, you can make a hat.

meebits.larvalabs.com/meebits/termsa…
Read 63 tweets
Mar 6
1/ I like the mfers. I have no special insight on their future (let alone their price) other than I like their vibe.

@sartoshi_nft is about as NFT-native a vibe as it gets and his hands-off approach here is on brand.

The @6529capital fund bought an alien last week
2/ The 6529 Museum bought an ape and a zombie on secondary when they minted
3/ And the museum minted a bunch of humans during the mint
Read 7 tweets
Feb 27
1/ SWIFT decision taken and I am going to take a "predicting the nuances" victory lap on this one that the media mostly did not get in advance.

Sanctioned banks disconnected, other Russian banks left on the system to allow for oil/gas payments.

2/ According to the Wall Street Journal, the main concerns were:

1) Allowing for oil/gas payments
2) Allowing for repayment of Russian debt
3) Discouraging use of alternative systems
3/ SWIFT disconnections are inconvenient but there are work arounds
Read 8 tweets
Feb 26
1/ On SWIFT

39.9% of you are right. Congratulations!

SWIFT is a banking industry consortium messaging system

The banks transfer/settle with each other or an intermediary (correspondent bank) via the currency zone's central bank run RTGS (Real Time Gross Settlement) systems
2/ Banning Russia from SWIFT will be very annoying to Russia bc all banking IT systems are integrated with SWIFT so businesses in short-term won't be able to transact.

It doesn't prevent a bank from making a payment to a Russian bank tho.

To prevent payments, you need sanctions
3/ The US sanctions to-date on the systemically important Russian banks specifically exempt energy payments so Europe can keep paying for natural gas.

Taking Russia out of SWIFT adds admin costs to the payment process but does not prevent these payments from happening
Read 40 tweets
Feb 20
1/ The last 24 hours in NFT UX

✅New @opensea contract does not work with @Trezor @MetaMask combo
✅PANIC! Revoke your OpenSea NFT permissions due to possible phishing
✅I think(?) latest MM build breaks Trezor T compatibility completely (but not sure)
2/ I am easily in the top 0.1% of NFT/crypto sophistication, I have wasted several weekend hours on this and I am still not 100% about some things.

This is an inconceivably bad UX for any normal person.

We CANNOT mainstream this way.
3/ These are not obscure edge case outcomes with obscure firms.

These are three of the five main infrastructure firms in the NFT space who are not coordinating with each other at all

Each of the teams needs to do better on comms, better on coordinating their release cycles
Read 10 tweets
Feb 17
1/ There are no other constitutional rights in substance without freedom to transact

Being meaning to write this for 6 months, but the Canadian response to the trucker protests is illustrating this so vividly, that today is the day.
2/ I assume we are in agreement that constitutional democracies are a good form of government or, at least, a better form of government than the other methods we have found to-date.

This means that I am taking for granted the following assumptions.
3/
- People have fundamental rights to speech, assembly, religion and so on
- People are innocent until proven guilty
- The state cannot punish people without due process, which generally means that, in a court of law, the state has to prove you have broken some specific law
Read 57 tweets

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