Snowden on nostr

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@Snowden 1693346836

I know everybody's excited about the SEC losing in court, and it is indeed an important victory, but it's worth bearing in mind that Gensler knew he was acting outside the law long before the verdict. The largest institutions care less about what is legal than what they can get away with.

Given how long it takes the courts to rule, it is a reminder that in the context of the government's own misconduct, there are limits to the utility of law.

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freecritter · 132w

Hypnagog · 132w

The legal system allows government entities to act in complete impunity for 1-3 years as they know any legal challenges will take that long. Its an incredibly flawed process

But you know what they say Eddie, there are no dishonest outlaws. Look at mccoffee. ✉️

Little Spoon · 132w

…and they are accumulating as much as possible while hating

I don't reall see this as an important step for Bitcoin. We have discussed this today here. From my point of view it is as important as an Elon musk that reports that he has some day last year sold some Bitcoin. It is just the gamblers that react on it. That is what we've seen today again. That's no...

Jameson Lopp · 132w

Folks getting excited about winning battles when there's no end in sight to the war.

BR Bitcoinapolis · 132w

I can't imagine how you feel.

The State is the State is the State

ShiShi21m · 132w

An ETF is a fiat game, it has no bearing on giving people access to Bitcoin - rather, it has the opposite effect, -> locking people into fiat with exposure to Bitcoin volatility only.

a source familiar with the matter · 132w

Yes but in the fight against tyranny the strongest weapons are 1) insisting State actors honor their promises of legal & human rights (Vaclav Havel) and 2) withdrawal of support for the regime (Etienne de la Boetie)

Philbill · 132w

Mark Camper · 132w

Government officers very rarely bear any costs(financial or other) for their decisions.

William ₿ Travis · 132w

Best guess was that he was acting outside the law to delay upward momentum in bitcoin adoption as long as possible. He is a tool.

Now if anything goes wrong down the road, say Grayscale blows up and everyone loses a bunch of money, SEC can say "we tried to warn you."

preston · 132w

Indeed, the issue isn't any given ruling in the court, its that the government can do whatever it wants until its stopped by the courts years later.

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BitBurn · 132w

Thanks Edward. Now try spending a little more time on nostr even though you will be preaching to the choir.

So he should have ran to avoid prosecution?

wasn’t excited… just another dirty game. Same political theater!

The government is above the law, no matter what they claim.

Viktor Vsk · 132w

How can you theorize about laws sitting in rusia?

What's the SEC? Yes there have been court posts about activists acquitted in court which in English means free right? I've asked but got no answer. I understand some people are on different time zones and busy with their own lame lives. Meanwhile I'm still getting emails about Donald Trump in court ...

nostrich · 132w

Man fuck a government, i'm moving into the woods

Alexis Roussel · 132w

There is a similar case in Switzerland against FINMA. They have been acting, we believe outside the law, and we did appeal to the judge now. In the case of FINMA, using their normal ability to make small practical adjustments to the law, the completely reversed the principles of the law to impose d...

here here brother & don't some just know it, it's like a game to some of them.. not all but certainly my recent half decade experience of the one's I know is that of the above.

OgFOMK ArTS · 132w

How about this? All of the branches (of government) work for Fiat currency and any branch challenge will be only as strong as the alternative to Fiat funding of which there is none.

Chris Collins founder of HUD. I contacted him but haven't heard back from him. He helps the homeless but again it's another one of those things where the law wants me to only get help from people who help outlaws. I called and texted him and he said he received the same technical difficulties on his...

There are 3 threats I've noticed. 1) covid a lab in Florida. 2) the day before I left salvation army the interfaith place closed their office doors so that I couldn't get my suitcase out. Pushed me to make a decision to spend more money on luggage and go back to target to get a duffle bag that I pai...

Red and blue lights again

Twitter or X showed me a post from BBC News about a girl who was in a hospital in a locked down ward needing a transfer she harmed herself moved 200+miles from home separated from family was the reason and she died. Diagnosed with autism by a doctor. I have tried to speak against this but it's not ...

th333boo · 131w

Gov are working hard to either be inside the encrypted connection or simply forcing you to give up on encryption setup

https://www.history.com/topics/early-20th-century-us/jim-crow-laws

https://www.linkedin.com/posts/jeffrey-lewis-42226339_miami-we-had-to-learn-on-the-fly-the-activity-7103816049673822209-saNA?utm_source=share&utm_medium=member_android

https://twitter.com/BillyCorben/status/1094074801206034433?t=QzWLZL8BcuZL-FqomTMWBw&s=19

https://naacp.org/find-resources/history-explained/history-lynching-america