Patrick Witt
222 posts

Patrick Witt
@patrickjwitt
Executive Director, President’s Council of Advisors for Digital Assets; Deputy Director, Dept. of War Office of Strategic Capital 🇺🇸








As currently drafted, the Clarity Act is a ticket to sanctions evasion.

Coinbase Under Fire Over Fake Norway Vs Brazil World Cup Result Coinbase (@coinbase) drew criticism after an AI generated alert declared Norway beat Brazil before kickoff. The alert said Erling Haaland scored twice in the fabricated result. Coinbase's own market page showed the match was under a weather delay. No actual result existed at the time, according to BeInCrypto. Coinbase CEO Brian Armstrong (@brian_armstrong) confirmed the team is looking into the error. Some critics questioned Coinbase's positioning of prediction markets as truth seeking tools. The actual match later ended with Norway winning 2 to 1 with Haaland scoring two goals.

“I want to stand next to these soon to be very rich people!” @POTUS 🤣🇺🇸


Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it. joinopenstandard.com/blog/introduci…

I agree with @LeaderJohnThune: The Senate should vote on crypto market structure legislation in July. @BankingGOP advanced a bipartisan bill that would deliver clear rules of the road, protect consumers, and keep innovation in America. It’s time to deliver for the American people.






