stake and chill 🐢

@AutismCapital Bring back pagers and pay phones then make cell phone calls $5 per minute to adjust for inflation and get people going back outside to find out what their friends are doing because you can’t reach them easily. Force the good days to come back by rolling back the tech

Someone said once that the 90s was the best decade because while technology was rapidly improving it was still in service of improving the quality of human life, not in service of mass information gathering and surveillance. After 9/11, everything changed. But in the 90s the tech was still helping everyone have cooler better lives.

@WhalePulse @SpaceAuctions And it’s gone…almost

🔼 40.00 $eWETH (86.5k USD) bridged to PulseChain apphex.win/@/#/tx/0x562ed…

@AdamSchefter Everyone is playing dynasty

This is the 19th trade since the new league year kicked off last week. The league never has had this much trade activity this early in the new league year.

@elonmusk @jonstewart

@jonstewart Not as good as you! Stop being so humble.

Elon Musk is an extremely skilled propagandist.

@GuyDealership Taxing freedom of movement is unacceptable. Don’t we pay enough taxes already? Let’s make sure that money is spent appropriately first before adding more taxes. I would bet this legislation lobbied by the oil industry.

@NuclearHerbs Someone ask grok if it’s true lol

For those who missed it yesterday because you were drinking black and tans and riverdancing: The SEC FINALLY, after roughly a decade of screaming "of course every crypto is a security under Howey," at every judge they could find, issued an actual statement about how and when Howey applies. The interpretive statement, which reads a little as an apology (as it should), is here and worth reading: sec.gov/newsroom/speec… The full statement is here. It's long, boring, and typical of government regulatory guidance. I'll give you my thoughts at first glance. Or you can ask ChatGPT or Grok. Because AI doesn't exist just to make cat videos. sec.gov/files/rules/in… You have to remember things in context. Towards the end of FDR's life, we had a wack-job 9-0 liberal court (technically 8-1, because Stone was appointed by a R, but turned out to be a solid D on the court). It gave us such gems as Korematsu (rounding up American citizens of Japanese descent and throwing them into camps? Cool with us!), Wickard v Filburn (growing food in your backyard violates the Commerce Clause), Betts v Brady (F*ck the 14thAmendment, later overruled by a court with common sense), and Hirabayashi (Japanese curfew). And of course, our favorite, Howey. Now back to the SEC’s guidance. In the summary, it says the following, finally recognizing the utter ridiculousness of trying to apply it to modern day crypto assets: The Interpretive Release represents the last chapter in the tale of Howey that brought us the landmark Supreme Court decision clarifying when an opportunity to earn a profit represents the offer of a security. Perhaps this guidance serves as a perfect storybook ending for the “investment contract” made famous by Howey and his orange groves some 80 years ago. In the Interpretive Release, the Commission clarifies when, in its view, a non-security crypto asset would no longer be subject to an investment contract. In short, the investment contract terminates either upon: (1) the fulfillment of the representations or promises of essential managerial efforts, or (2) the failure to satisfy those representations or promises. In both of those situations, the investor is no longer expecting to profit based on the essential managerial efforts of others, a key element of Howey. Importantly: …the framework for assessing when an investment contract terminates can easily apply to that flourishing Floridian orange grove or other non-crypto assets. Howey could have fulfilled his representations and promises as indicated at the outset. For example, the maintenance contract could have been limited to watering and caring for the orange trees for so long as they were fruit-bearing. Alternatively, the investment contract could have terminated when Howey failed to satisfy his promises. For example, if a disastrous hurricane or disease completely destroyed the groves, Howey could have publicly and unequivocally told his investors that he was abandoning his intention to water and care for the trees, ending the investment contract. Hex/PulseChain/PLSX: So would Richard have been sued under this guidance? My guess is: No. Were Hex/PLS/PLSX launched such that he “fulfilled his representations and promises as indicated at the outset?” Yes, they were. They launched as complete projects. Especially HEX, which launched as immutable code. With respect to PLS/PLSX, he made no promises at all – including to anyone who sacrificed. It was “sacrifice or not, I don’t really care” and “you may or may not get something if you do.” That’s not a promise that was ever going to stand up under Howey anyway, although we’re lucky we didn’t have to wait and find out for a court to decide that. #PulseChainLawSchool #HEX #PLS #PLSX. Not legal advice. Just my take on what the SEC put out. But if you’re building something, you should definitely get legal counsel because this guidance (which will hopefully be turned into an actual binding regulation) just shifted the earth under our feet.

@GuyDealership Service departments need customers.

Status symbols…

@CAgovernor did this by allowing this to happen on his watch. Stop voting for people in charge that allow this to happen. I had to sell my truck because it’s too expensive to own (drive, insure and reg) and it was paid off.

@RyanDanz Can confirm, best strip of land in the US if you’re fortunate enough to afford it.

One of the most epic stretches of living in the history of the world Sure, it takes making 1MM/year to live adequate, just enough to get a starter home (which starts at 2mm for anything non-tear-down), and pay the bills, afford a closet full of vuori, drive a Tesla, surf 10am-1pm on a weekday, and drink $7 cups of micro roasted coffee with chai tallow, take a few yoga classes per week, get a club membership, … but 10/10 public schools, year round 72 degrees with a light breeze, organic grocery stores, no smog, no insects, no swamp ass, no crime, no homeless-tent cities, no parking meters, the best Mexican food north of Mexico City, the most slightly above average looking but fittest people you’ve ever seen and 10000x less pretentious than Newport and LA folk World class and open to the public; •Beaches •Hiking •Golf •Museums •Parks •Zoos And a tax racket that means homes worth 5mm that were bought 25 years ago for 500k, only pay 5k/yr property tax and locked for life (sans capped increase) And this doesn’t even include that little hamlet to the right on the map called Rancho Santa Fe which is a tweetstorm all unto itself

@CAgovernor can we use this money to lower my crippling car registration fees instead? Here’s a crazy idea, you won’t need to spend tax payers money creating a good image of California if your image is already good. Perhaps your leadership has tarnished that image beyond repair

@FBIDirectorKash @SpaceAuctions @FBI Unless your in Minnesota

If you attempt to defraud hardworking American taxpayers, this @FBI and our partners will find you - no matter where you try to hide foxnews.com/us/us-governme…

@PFF @WesternSouthern Block someone, anyone

What do the Chargers need to do this offseason to get over the hump? The Game Plan presented by @WesternSouthern

@elonmusk @elonmusk what are your thoughts on a EV trailer with drivetrain that can greatly increase the towing range of cyber truck?

🛰️

@AndyHolloway At 20 years you receive a complementary Kirkland tatoo.

Old man achievement unlocked. 18 years as a Costco member. 👴

@BillAckman Yes and I just got a letter in the mail telling me after spending 80k to harden my home for wild fires my insurance if dropping me and I’ll have to go pay 3x more for insurance. Why did I listen to the state to spend money on my home for stuff that doesn’t matter?

California is toast. Self-immolation.

A short story

@elonmusk How come all the celebrities are dressed up like in the hunger games where are the rich people lived that decided everyone else’s fate?

💯

I’ve done everything CA wants; I bought solar, batteries, hardened my house against wildfires, drive multiple EV’s and now @CAgovernor wants to tax me for how far i drive?!? I’m done. If this passes this 4th gen CA native is out. I have to commute far because it’s too expensive

@CAgovernor Maybe you should find ways to not waste our tax dollars instead of ways to plunder from the people. How are we not upset enough to get new change in leadership by now? The exodus of residents and businesses will continue under your leadership and policies.

@HustleBitch_ Buy a unit within your means, the consumer can read the contract they sign. They own the responsibility for this horrible deal.

🚨 HE GOT A TRUCK - THE BANK TURNED IT INTO A 42.5% MARKUP SCAM A man finances a $111,916 used Dodge Ram with payments of $1,898 a month for 84 months and ends up owing $159,464 total. A 42.5% markup just because he needed financing and the system knows it can get away with it. The dealership wins. The bank wins. The lender wins. The customer gets bled dry for $47,548. This is the kind of scam that would be illegal anywhere else except the American finance system. Who do you think this system is actually built for?