
Yes the weaponization of the payments system is bad. But the real problem isn't bad people doing bad things (that's eternal), it's that the payments system should not be capable of such easy weaponization.
Chris Powers (chrispowers.eth)
7K posts

@powers_chris
Crypto, China, Baseball, Politics, Nashville, newsletters & podcasts / @PowerhouseDAO DAO takes @0xkilgore DeFi takes @doseofdefi The meme is the message 😶

Yes the weaponization of the payments system is bad. But the real problem isn't bad people doing bad things (that's eternal), it's that the payments system should not be capable of such easy weaponization.









Every onchain system has a set of permissions. Whether through EOAs, multisigs, token-based voting, or automation, someone or something determines how contracts, parameters, and funds are managed. Those choices shape trust assumptions, and with them, counterparty risk.

A $200M seed round at $1B FDV?! Yes... and no. @AndreCronjeTech's @flyingtulip_ just launched one of the most original fundraising models we've seen in crypto. Let’s break down how it works—and why it matters. 🧵




will be entertaining if the openclaw frenzy in China leads to mass buying of bitcoin as the agents decide they want to get money out of the country. how hard will it be for them to figure out how to scale the GFW?


After 5 years, parsec is shutting down. Not how we wanted our story to end, but we are proud of what we built and the value we provided along the way. We are eternally grateful to those that traversed the ups and downs onchain with us. It was quite the ride 🔭

I wish the “acquisition” of @openclaw rewarded everyone who contributed to the GitHub and everyone who has used the platform. We’re still not getting distributed ownership and open source biz models right. @steipete built it but it took an army, yet from what it sounds only one will be rewarded. I wish that wasn’t the case. I could be wrong tho.
