New executive order just dropped from the crypto-owned administration. A fun little committee will decide if we should have a strategic crypto reserve. Also, the government should make it easier for crypto companies to get bank accounts — because that ended so well last time.
Our tech overlords all have problems, and they want to buy the solutions.
Liz Pelly’s Mood Machine offers a history of the biggest player in streaming.
The legendary short-selling firm, which took down EV company Nikola’s founder and launched several other investigations, will wind down. Its founder, Nate Anderson, plans to invest in index funds. “I’ve spent most of the last eight years either in a fight or preparing for the next one,” he told the WSJ. Now he wants to do something else.
[Hindenburg Research]
You wanna go down a rabbit hole? The corporate structure alone is bizarre:
Why would a Cayman Islands–registered metaverse company use a proxy to establish first an Ohio subsidiary and then a boutique record label, and then have the record label strike up a concert deal with a different subsidiary, located on an entirely different continent?
The farther you go, the more questions you have.
My little article about the increasing phenomenon of people saying, “I asked ChatGPT” inspired Rob Dubbin to create a Chrome extension. It replaces references to ChatGPT with “my stupid friend.”
[chromewebstore.google.com]
Sure, booze is fun but it’s also poison. Anyway, the Surgeon General has said alcohol should be labeled for its cancer risk. If you’re sober-curious, join me for a Dry January — a ritual in which I get a month of great sleep.
[The New York Times]
Kwon has been extradited to this US to face fraud charges. The charges contain a description of the overlapping network of allegedly fraudulent entities Kwon juggled before Terra / Luna came crashing to Earth.
An attempt to crush myself to death.