GM āļø
Samourai developer Keonne Rodriguezās sentence includes 60 months in prison, three years of supervision, and a $250k fine. Hereās an overview of what else was said in the courtroom today.
This Friday at : Iāll be sitting down with David Z. Morris of to discuss the sentencing of the #Samourai devs. Please RSVP below if you can make it. https://luma.com/6lwcl6ux
*benefactors = beneficiaries
No. Iām saying that a real market economy in which bitcoin is the money would alleviate some/many of the problems that Mamdani voters are rallying against in NYC.
šÆ The main issue here is that people donāt understand what the disease is. And I get a bad feeling that itās going to take a while still for them to see it.
Let us please stop referring to New York City as a hub for capitalism. It isnāt. Instead, itās a center for crony capitalism, a form of socialism for the rich. Itās also a jurisdiction laden with red tape and high taxes thatās largely unaffordable for the poor, middle and working classes. Itās also home to Wall Street, which has been bailed out time and time again at the expense of the U.S. taxpayer and the value of the U.S. dollar itself. What is more, NYC is subject to the BitLicense, which makes it hard for Bitcoin companies to serve New Yorkers, creating more friction for those who want to break free from the crony capitalistic system via Bitcoin. If more people held and understood Bitcoin, they wouldnāt have voted for Zohran Mamdani. But the traditional financial system doesnāt want people to understand it, because it would make that system irrelevant. So, in essence, I blame Wall Street and the other benefactors of the Cantillon Effect (look it up) as well as the bureaucratic hellhole that is NYC (and New York State more broadly) for Mamdani being elected mayor. Until we confront on a larger level how Wall Street/bank bailouts, infinite money printing, and red tape hurts the most financially vulnerable among us and acknowledge that Bitcoin is an answer to this, expect many more Mamdani types to be elected.
Thank you š
ā„ļø
šØNEW: Rodriguez was sentenced to 60 months in prison (the maximum statutory sentence), 3 years of supervision and a fine of $250k.
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GM, good sir āļø
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About Me
Contributor at Bitcoin Magazine and Forbes Digital Assets | Advisor at Heatbit | Founder at newrenaissancecapital
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