Frank Corva Old Account's avatar
Frank Corva Old Account
notrealfrank@primal.net
npub1dnzz...x52h
This account has been compromised. Please find my new account at: npub14ad23x8g6yak4mm6nad9umm7grq0ckhf4s70svq4wn5fgjywf9es9vxvet Or search primal.net/frank
🚨NEW: Samourai Developer William Lonergan Hill sentenced to 48 months in prison, three years supervision, and a $250k fine. More details coming via video shortly.
Samourai Wallet developer William Lonergan Hill's sentencing hearing has been moved from tomorrow at 11:00 AM EST to Wednesday, November 19 at 2:30 PM EST. image
Samourai developer Keonne Rodriguez’s sentence includes 60 months in prison, three years of supervision, and a $250k fine. Here’s an overview of what else was said in the courtroom today.
The sentencing hearing for Samourai Wallet developer Keonne Rodriguez takes place today at 11:00 AM EST. I’ll be in the courtroom for it and will share the details afterward. image
Let us please stop referring to New York City as a hub for capitalism. It isn’t. Instead, it’s a center for crony capitalism, a form of socialism for the rich. It’s also a jurisdiction laden with red tape and high taxes that’s largely unaffordable for the poor, middle and working classes. It’s also home to Wall Street, which has been bailed out time and time again at the expense of the U.S. taxpayer and the value of the U.S. dollar itself. What is more, NYC is subject to the BitLicense, which makes it hard for Bitcoin companies to serve New Yorkers, creating more friction for those who want to break free from the crony capitalistic system via Bitcoin. If more people held and understood Bitcoin, they wouldn’t have voted for Zohran Mamdani. But the traditional financial system doesn’t want people to understand it, because it would make that system irrelevant. So, in essence, I blame Wall Street and the other benefactors of the Cantillon Effect (look it up) as well as the bureaucratic hellhole that is NYC (and New York State more broadly) for Mamdani being elected mayor. Until we confront on a larger level how Wall Street/bank bailouts, infinite money printing, and red tape hurts the most financially vulnerable among us and acknowledge that Bitcoin is an answer to this, expect many more Mamdani types to be elected.
If you’ll be attending Bitcoin Amsterdam, please join Bitcoin Core developer Sjors Provoost and me as we discuss what we can learn from the Tornado Cash and Samourai trials/cases. We’ll be on the Orange Stage at 15:00 on Thursday, November 13. image
“There is no path to truth… You will come upon it when the mind is free of all the things it has put together. That majestic peak is also the miracle of life.” -J. Krishnamurti