13966
Jack Solowey
@jacksolowey #13966
Fintech & autonomous finance (crypto, DeFi, & AI) policy
https://linktr.ee/jwsolowey
146 Follower 195 Following
It’s happening, as the kids say.
To say that the SEC "has loosened rules that make it much easier to invest in crypto" is like saying Venezuela suffers from "brutal capitalism."
https://x.com/JackSolowey/status/1821907029918695822
https://x.com/JackSolowey/status/1821907029918695822
My thoughts on the rise of *decentralized expertise* following the global financial crisis and the lessons from crypto, DeFi, and retail investor empowerment for a way out of our ongoing crisis of trustworthiness:
https://warpcast.com/jacksolowey/0xd541e05f
https://warpcast.com/jacksolowey/0xd541e05f
Elite disfunction defines our age.
Whether you call it "Brokenism," "late Soviet America," or something milder, the underlying scandal is the same.
While better minds than mine debate the best frame, I'll explore how *decentralized expertise* can help us out of our crisis.🧵
Whether you call it "Brokenism," "late Soviet America," or something milder, the underlying scandal is the same.
While better minds than mine debate the best frame, I'll explore how *decentralized expertise* can help us out of our crisis.🧵
Looking forward to moderating this discussion one week from today!
Thrilled to be moderating a discussion on the intersection of DeFi, AML policy & financial freedom w/ Angela Angelovska-Wilson, @billhughesdc, Eric Alston & Michael Mosier!
🗓️ July 10th at 10:30-11:30 am EDT at Cato
https://www.cato.org/events/criminal-code-defi-illicit-finance-future-financial-freedom
🗓️ July 10th at 10:30-11:30 am EDT at Cato
https://www.cato.org/events/criminal-code-defi-illicit-finance-future-financial-freedom
Turns out the "Sacramento-Brussels Sandwich" Jennifer Huddleston mentions in our Cato Daily Pod is not an innovative combination of avocado🥑 & chocolate🍫 but an innovation-killing bind threatening AI development.🤖 https://www.cato.org/multimedia/cato-daily-podcast/dont-freeze-technological-advancement-stem-ai
Enjoyed speaking with Andrew Singer about FIT 21 for @Cointelegraph:
https://cointelegraph.com/news/fit21-bill-crypto-congress-cftc-sec-us
https://cointelegraph.com/news/fit21-bill-crypto-congress-cftc-sec-us
Smart/insightful quick read
Congress advanced 2 big pieces of crypto legislation in 2 wks--a SAB 121 disapproval (Sen & House) & #FIT21 (House).
But it also did something more: it took steps to rein in an administrative state that's perpetrated a long train of abuses against U.S. consumers & innovators.🧵
But it also did something more: it took steps to rein in an administrative state that's perpetrated a long train of abuses against U.S. consumers & innovators.🧵
How often does ChatGPT think about the Roman Empire?
Crypto is a 21st Century instantiation of decentralized control. The American founding’s version is the separation of powers enshrined in the U.S. Constitution.
Congress has begun, however incrementally, to push back on the administrative state's usurpation of legislative power.🧵
Congress has begun, however incrementally, to push back on the administrative state's usurpation of legislative power.🧵
"Today, the House Committee on Rules publicly noticed its intent to consider the Financial Innovation and Technology for the 21st Century (FIT21) Act, clearing a pathway for a floor vote later this month."
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409251
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409251
Eyes are on stablecoin policy in DC.
Today in @coindesk, Jennifer Schulp & I argue that stablecoin legislation must respect the dual-banking system, an original form of decentralized governance.
https://www.coindesk.com/consensus-magazine/2024/04/29/stablecoin-legislation-must-respect-the-dual-banking-system/
Today in @coindesk, Jennifer Schulp & I argue that stablecoin legislation must respect the dual-banking system, an original form of decentralized governance.
https://www.coindesk.com/consensus-magazine/2024/04/29/stablecoin-legislation-must-respect-the-dual-banking-system/
Excited to be discussing AI policy on the Hill next Wednesday (4/17) at noon with my colleagues Jennifer Schulp, Jennifer Huddleston, and Professor Pedro Domingos! 🤖 🗽
https://www.cato.org/events/ai-artificial-intelligence-american-innovation
https://www.cato.org/events/ai-artificial-intelligence-american-innovation
Making AI providers liable for their users' securities law violations--a proposal of the "FAIRR" Act--is bad economics and bad law, I argue in The Regulatory Review.
https://www.theregreview.org/2024/04/08/solowey-ai-providers-should-not-be-liable-for-users-securities-violations/
https://www.theregreview.org/2024/04/08/solowey-ai-providers-should-not-be-liable-for-users-securities-violations/
SEC’s aggressive crypto enforcement campaign & passive aggressive refusal to make clear rules is incompatible w/ Congress’s legislative authority. Congress must say enough already. https://open.substack.com/pub/metaverserb/p/crypto-courts-and-congress?r=2r19x&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Protecting self-custody from the administrative state.
https://open.substack.com/pub/metaverserb/p/digital-assets-subcommittee-testimony?r=2r19x&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
https://open.substack.com/pub/metaverserb/p/digital-assets-subcommittee-testimony?r=2r19x&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
I'm honored to be testifying before the U.S. House Subcommittee on Digital Assets, Financial Technology and Inclusion tomorrow morning.
https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=409175
https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=409175
New complaint just dropped. LEJILEX and Crypto Freedom Alliance of Texas v. SEC 👀
Read Write Own is listed as a technology book. (And of course it is one!)
But it's also an important policy book that's a must read for anyone thinking about the future of governance. Here's why.
https://metaverserb.substack.com/p/lessons-for-policymakers-in-read
But it's also an important policy book that's a must read for anyone thinking about the future of governance. Here's why.
https://metaverserb.substack.com/p/lessons-for-policymakers-in-read
Read Write Own by @cdixon.eth is listed as a technology book. (And of course it is one!)
But it's also an important policy book that's a must read for anyone thinking about the future of governance. Here's why.
https://metaverserb.substack.com/p/lessons-for-policymakers-in-read
But it's also an important policy book that's a must read for anyone thinking about the future of governance. Here's why.
https://metaverserb.substack.com/p/lessons-for-policymakers-in-read
This afternoon, the House Financial Services Committee is holding another crypto crime hearing.
So I've compiled my work with colleagues over the past year on crypto crime and the policy response:
https://open.substack.com/pub/metaverserb/p/this-year-in-crypto-crime-analysis?r=2r19x&utm_campaign=post&utm_medium=web
So I've compiled my work with colleagues over the past year on crypto crime and the policy response:
https://open.substack.com/pub/metaverserb/p/this-year-in-crypto-crime-analysis?r=2r19x&utm_campaign=post&utm_medium=web
An interesting version of the “Bahamas Test” for decentralization.