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0 sats \ 0 replies \ @brent 7h \ on: China warns foreign media over Hong Kong fire Politics_And_Law
Yeah it would be less authoritarian if they got their president to berate reporters, call them names, and refuse to answer questions, saying they're "fake news".
You should add another tutorial and FAQ section for creating markets. What I am wondering is:
- What is the incentive for creating a market and providing liquidity for it?
- If fees are earned, specifically what amounts, under what conditions, and when?
- Is one expected to bet in one's own market?
- Is creating a market the equivalent of placing a bet on the direction of the market?
I tried asking the AI chat bot, but it said the information is not available for Predyx, but offered info for Polymarket.
UPDATE: there are other legal opinions about this case, which are not so doom & gloom.
JFK Law argues that the tribe is not seeking to displace established private land owners, but seeking to redress British Columbia’s violation of Federal Treaties, which grants Aboriginal title over certain land, over which the provinces have no jurisdiction.
Aboriginal title and fee simple ownership are two distinct forms of property rights. Historically, in British Columbia, the Crown did not recognize Aboriginal title; rather, it assumed that it held title to the land and proceeded to grant those rights to settlers. This led to the exclusion of Indigenous peoples from their own territories throughout the Province. Cases such as the court case brought by the Quw’utsun Nation are about addressing these historical wrongs by the Crown and determining how these overlapping rights should be reconciled today.…In this case, the Quw’utsun Nation never asked the Court to invalidate the titles held by individual homeowners or private businesses and never tried to get those lands back. The Nation’s case is not about taking land from individual private property owners in the claim area.The Nation has emphasized that they intentionally did not bring this case against individual private landowners or private businesses. In doing so, the Nation has in fact taken a respectful and responsible approach, aimed at reconciling their interests and those of the individual titleholders. Their case focused on holding the Crown accountable for its actions, not on challenging individual British Columbians.Contrary to what’s being said by much of the media, the Court’s ruling does not “erase” private property. It does not mean that private property owners in the area over which the Court declared Aboriginal title no longer own their lands. Private fee simple interests continue to exist on these Aboriginal title lands.
So basically tribes in B.C. (at least) are suing the provincial government for having ignored Federal treaty rights for decades, and the remediation for that has yet to be determined, and the process could take another decade or two.
LOL three weeks before 2026, after JP Morgan did a 180 and offers a BTC leveraged fund, and Vanguard caved in and allows access to BTC ETFs, with sovereign wealth funds world wide accumulating, Merryn Somerset Webb still summons "tulips" as a proxy for her inability to think outside of the fiat paradigm. Shameless ragebaiting, or pathetic lack of imagination?
React versions 19.x are affected, server-side.
If your app’s React code does not use a server, your app is not affected by this vulnerability. If your app does not use a framework, bundler, or bundler plugin that supports React Server Components, your app is not affected by this vulnerability.
For fun, I vibe-coded this Bitcoin Matrix Rain animation last night. The characters are made of bitcoin addresses and hashes, with a random smattering of bitcoin-related keywords that randomly appear, with subtle highlighting. How many words can you spot? 🤓
Cross-posting this from #1302673, which I saw first, but this is probably the better thread for it.
I vibe-coded this Bitcoin Matrix Rain animation last night. The characters are made of bitcoin addresses and hashes, with a random smattering of bitcoin-related keywords that randomly appear, with subtle highlighting. How many words can you spot? 🤓
I'm going to aim for less screen time after work for the remainder of the week.
My immediate thought was that it was a security move, owning the supply chain, etc., given the recent string of npm backdoor attacks.
But this cloud hosting angle makes the most sense. I didn't know about Bun's cloud runtime offerings. It will allow Claude to publish its Artifacts without the need for third party hosting.
Some of the largest retirement funds are by Blackrock, which have 1-5% exposure through IBIT.
Most funds have either direct exposure through Bitcoin ETFs or indirect exposure through MSTR allocation, or by its inclusion in index funds like the Nasdaq 100, QQQ.
Good move - it will give investors who are considering their “preferred” equity offerings, but were worried about the company’s ability to pay dividends in a BTC bear market.
AI summary, for context:
Details of the Proposed Tax Reform
- Current Tax Rate: Under the current system, profits from cryptocurrencies are classified as "miscellaneous income" and are subject to a progressive income tax rate of up to 55% (45% national tax plus 10% local tax), depending on the individual's total income. This high rate has been a significant barrier to investment.
- Proposed Tax Rate: The new proposal, advanced by Japan's Financial Services Agency (FSA) and the ruling government coalition, will introduce a flat 20% tax rate on crypto gains, aligning them with the taxation of stocks and investment funds. This includes a 15% national tax and a 5% local tax.
- Reclassification: As part of the reform, cryptocurrencies will be reclassified as "financial products" under the Financial Instruments and Exchange Act (FIEA), rather than "payment methods".
- Loss Carryforward: The proposed reforms include beneficial provisions allowing investors to carry forward losses for up to three years, which can be used to offset future gains. This is a major improvement from the current system, where crypto losses generally cannot be offset against other income or carried forward.
- Goal: The changes are intended to stimulate the domestic digital asset market, encourage investor participation, attract institutional capital, and position Japan as a leading Web3 hub in Asia.
The proposal is anticipated to be finalized as part of the 2026 tax reform outline.
In Eric Yakes’s book, The 7th Property, he explains the history and meaning of the phrase, “backed by”, and why it doesn’t apply to Bitcoin, for the same reason that it doesn’t apply to gold.
Once upon a time, bank notes were IOUs, entitling the holder to redeem the note for the specified amount of gold that was “backing” the note. That’s why the paper notes were said to be “backed by” gold. They were placeholders for real money. Real money was “hard money”, that took actual work in the real world, impacting the human economy, to create. Or, as you have put it, it required human action.
Then in 1971, Nixon ruggged the world by removing the redeemability of dollars for gold, turning them into pure fiat money, with no backing, only the political promise that the government is good for it. Whatever that means. Amazingly, the masses just carried on, pretending nothing had changed, even though the value of the “money” they were earning was now losing value on the whims of the political class of the day.
Like gold, Bitcoin is the thing of value. It’s what required hard work in the real world to produce. This work in the real world affected the human economy — people were paid for their labor, resources were acquired and put to use, services were consumed and paid for. That real work is what allows hard money to accurately convey price signal, to convey actual costs of things in the world — it is a feedback mechanism, part of the causal loop of economic reality. This is a necessary property of good money. Without that property, when money is just created from thin air at a keystroke, it fails to convey the true cost of things in the world; the price signal becomes distorted.
Bitcoin is the sort of thing that does the backing for promissory notes. It is not an IOU that is “backed by” something else more valuable. It is the money.