Reddit MOONs aren't mooning, and people can't tell if TrueUSD is telling the truth. Also, a crypto project feels the industry's initial ambition to create "the new internet" is hopeless.
Molly, really funny addendum to the Moons debacle: one of the Reddit mods who dumped Moons before the news became public defended themselves by claiming that if they really had bad intentions, they would have sold their Moons ten seconds after they got the announcement -- not the three and six minutes that they actually waited!!
Thanks for your nuanced response the WSJ article. It is all too easy to let inaccuracies slide in stories that confirm our priors.
If anything, we should be *more* critical of stories that support our positions, since that is how we hold ourselves accountable. It’s also a necessary part of defending against accusations of bad faith or hypocrisy.
The FinCEN (Treasury Dept) proposed rule on mixers confused me, slightly. Didn’t they charge both the ChipMixer and Tornado Cash developers with running unregistered money service businesses? Or have I misremembered? If they did, then wouldn’t that imply that mixers were already required to collect customer information? Or does it imply that, at least, that part of the charges against those developers is invalid? 🤷🏽♂️