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Marc Andreessen's #a16z has released a wish list for american financial regulations. my comments in parentheses:
1. no more surveillance and #debanking (of fraudsters and terrorists)
2. tokenize stocks (to make the #SEC and all financial regulations obsolete, as well as legalizing #memecoins like #TrumpCoin)
3. create decentralized #stablecoin dollar equivalents (to strip the US govt of its hegemonic currency power)
4. #StrategicBitcoinReserve (to transfer hundreds of billions of taxpayer dollars into the hands of a16z)
5. no taxes on crypto bros
I suspect all of these will be made official policy.
https://a16zcrypto.com/posts/article/us-crypto-capital-policy/
@cryptadamist @Pineywoozle basically, “let us steal everything with no way to trace it”
@godofbiscuits @Pineywoozle well you can trace it "on the blockchain"... you just can't do anything about it by reversing the transaction
@cryptadamist @Pineywoozle and can you hide your actual identity there?
@godofbiscuits @Pineywoozle as long as you never need to interact with a bank and "real money", sure
@cryptadamist @Pineywoozle do you think billionaires ever will have to interact with their fortunes as “real money”?
@godofbiscuits @Pineywoozle yes. you still can't buy property with crypto (outside of maybe one realtor in dubai).
@cryptadamist @Pineywoozle that’s not how they buy things.