galgitron (currently not promoting any crypto) @galgitron

Nothing against Ripple, but times are changing and I have new interests, so please understand that I no longer promote XRP. galgitron.net Joined May 2013

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galgitron (currently not promoting any crypto) @galgitron

a week ago

If ever you want to understand why Gary Gensler was so elusive and nonsensically classifying everything as a security in order to crush the evolving crypto industry... here it is in black and white. We are at war with the bank cartels. x.com/Cointelegraph/…

Cointelegraph @Cointelegraph

4 weeks ago

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galgitron (currently not promoting any crypto) @galgitron

a week ago

For posterity to really REALLY frame just how fucking absurd this entire Roman conviction conspiracy is: x.com/NateGeraci/sta…

Nate Geraci @NateGeraci

a week ago

For posterity to really REALLY frame just how fucking absurd this entire Roman conviction conspiracy is: x.com/NateGeraci/sta…

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galgitron (currently not promoting any crypto) @galgitron

a month ago

This Roman verdict also puts nearly every single protocol developer globally within the jurisdiction of the US DoJ. The implications are terrifying.

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galgitron (currently not promoting any crypto) @galgitron

a month ago

For those that don't get how significant this Roman case is, the precedent is set that it's now illegal to write smart contracts that manages crypto, paving the way for the incumbents to take over and fortify their historical moat. Anonymous devs up next. Popcorn.

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galgitron (currently not promoting any crypto) @galgitron

a month ago

Update on Roman Storm Trial Unlicensed Money Transmitter: Guilty (max 5 years) Sanctions Evasion: Not guilty Money Laundering (max 20 years): Hung Jury, possible retrial All Ethereum protocols are now effectively MTs. It doesn't get more absurd than this.

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galgitron (currently not promoting any crypto) @galgitron

a month ago

Law enforcement has proven incapable of making a meaningful dent in online crime, for example, 1.8 million users, only 78 arrests. europol.europa.eu/media-press/ne… This is the biggest challenge of today, how to get to the real criminals, not just terrorize CEOs of legitimate products.

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galgitron (currently not promoting any crypto) @galgitron

a month ago

This said, it is morally hazardous to promote coding or any content as immune to ethics by virtue of decentralization alone. There is evil code/content, and as our technology evolves, we need a balance between freedom of speech and ability to collectively mitigate evil's impact.

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galgitron (currently not promoting any crypto) @galgitron

a month ago

This form of judicial overreach stinks of desperation and reveals a stark lack of technical competency from within law enforcement. Nothing will stop an anonymous developer from releasing nefarious code. Thus, nothing accomplished and no example set.

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galgitron (currently not promoting any crypto) @galgitron

a month ago

Obscuring your on-chain funds is how blockchain can replicate the privacy we already expect from banking transactions. An argument can be made that this obscures enforcement paper trails too, but it's the same with cash, so unless cash is outlawed, why the double standard?