a bro from the largest american crypto VC firm #a16z is going to be running the #CFTC which in turn will be the agency "regulating" crypto now that the #SEC (also now run by crypto bros) has decided cryptocurrency is not a "security" (like a share of stock or a bond) but instead a "commodity" (like corn or pork bellies). which makes sense, as long as you don't think about it.
fun fact: the CFTC was the agency that regulated (and still regulates) financial derivatives and is more or less directly responsible for 2008's Great Financial Crisis and the Great Recession.
https://www.coindesk.com/policy/2025/02/11/trump-taps-former-cftc-commissioner-a16z-policy-head-brian-quintenz-for-cftc-head
#MarcAndreessen #BenHorowitz #MAGA #VCs #NerdReich #uspol #GreatFinancialCrisis #GreatRecession #DOGE #Trump #BrianQuintenz #corruption #fraud #finreg #stockmarket #economics #finance
⚯ Michel de Cryptadamus ⚯ /
npub1da…epad9
2025-02-12 07:05:28
Author Public Key
npub1da9uzsqntyhvh4y2y9fh8fptp44tgektw4jmnwukrhr06gtndkjqwepad9Published at
2025-02-12 07:05:28Event JSON
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