ryanjohnsonhunt
2.6K posts

ryanjohnsonhunt
@ryanjohnsonhunt
Building the next layer of finance | Founder & CEO of Toroa Group | Future positive, action led | Proud Māori (Ngāi Te Rangi)


A made up script and an actor to deliver it: what a perfect combination. Welcome to the world of funded narratives that are made to look like journalism. Context: 1. More Perfect Union is an activist-based company founded by former Bernie Sanders staffers. It specialises in presenting narratives that paint community as victims and business as perpetrators. It has previously promoted false narratives about both AI and Bitcoin mining. 2. Ben McKenzie is a former actor who several years ago wrote a book that performed badly when he tried to link Bitcoin to crime, despite the fact that even the US Treasury’s 2024 National Money Laundering Risk Assessment Report found that “the use of virtual assets for money laundering remains far below that of fiat currency.”home.treasury.gov/system/files/1… His book has been roundly debunked and he disappeared from X shortly after. Never one to let fact stand in the way of a good story, Ben is now acting the part of concerned citizen lip-syncing another equally fact-free narrative. The facts about Bitcoin's creation are well documented source: swanbitcoin.com/inventing-bitc… and unsurprisingly are nothing like the story you'd get from our actor-friend. The irony is that More Perfect Union claim to be the champion for the little guys, but through their ignorance do the opposite. By attacking Bitcoin they are in attacking those who most use it: small nations like Bhutan who used it to avoid IMF austerities, Women in afghanistan using Bitcoin to avoid state legal gender discrimination against women holding bank accounts, Human Rights activists throughout Africa using Bitcoin to fight for freedom without their bank accounts being frozen, and those throughout the hyperinflating world (Lebanon, Turkey, Venezuela...) using Bitcoin simply to make ends meet. That is why Stella Asange called Bitcoin "The real occupy movement." In other words, they help the oppressor: The IMF, Central Banks, and oppressive governments. Simone de Beauvoir once said "The oppressor would not be so strong if he did not have accomplices amoung the oppressed." It was the More Perfect Unions of this world that de Beauvoir was talking about: those that claim to stand up against oppression, but in fact through either ignorance or intent - end up helping the oppressor. IMF and merchant banks rub their hands together every time More Perfect Union, wittingly or unwittingly, do their work for them. Brandolini's law tells us that every bit of BS takes 10x more truth to counter it. So no doubt, some more impressionable people will be taken in by this nonsense. But so long as you base your stories on ignorance and misinformation, there is a use-by date on these stories, and a use-by date on what credibility you have left.





Stablecoin adoption outran execution design. There is now roughly $300B+ in stablecoin float across ~173 chains and 330+ assets. Liquidity is not the bottleneck anymore. The problem is where that liquidity sits when execution actually happens.

🚨BREAKING: MULTI-TRILLION-DOLLAR PAYROLL INDUSTRY GOES ONCHAIN VIA CANTON According to an official press release from @CantonNetwork $CC, the network has played host to the first ever private payroll transaction. The major milestone was facilitated by @cantor8 and its @C8Wallet, alongside @usetoku (an enterprise-grade application layer for global payroll). "This is the kind of real, everyday financial activity that shows blockchain can be integrated into core operational workflows without exposing sensitive data or compromising regulatory constraints", said @digitalasset CEO @YuvalRooz. It is no coincidence that Canton was chosen as the host network, given its ability to offer blockchain advantages like instant settlement and low costs, while also making sure sensitive data remains private. “For the network to succeed, the experience for the both the company and the end-user, whether that’s a trader or an employee receiving their salary, has to be seamless and secure,” said @KNP42777, CEO of Cantor8.








‼️Lots of phishing attack going on today. Be skeptical of any requests to download software and look at the url carefully








