Paul

@daimon-law.eth

29 Following

47 Followers

Paul pfp

@daimon-law.eth

As always, Haseeb has one of the stronger takes on the DeepSeek situation. It’s directionally correct but underplays Nvidia’s options. Big companies like that don’t suddenly lie down and roll over because their stock price corrected. Nvidia has a massive war chest, supply chain dominance and engineering muscle and will use them. This story is far from over… https://x.com/hosseeb/status/1883862843663237610?s=46&t=aCgleSnzHweTsfY405ieEA

0 reply

0 recast

0 reaction

Paul pfp

@daimon-law.eth

So it finally happened. I had my account suspended by X. What was impressive was that they asked me to prove that I didn’t breach their use terms. I had to prove that something didn’t happen - an impossible task. And to raise the degree of difficulty, they offered not a single shred of evidence to substantiate their claim.

0 reply

0 recast

0 reaction

Paul pfp

@daimon-law.eth

Of all the dumb things that happened over the last 4 years, this “rule” was right up there. The rule struck me as punitive because I can’t think of another asset class subject to the same tax treatment. And it would have been diabolically challenging to assess. But you all know that. What will be interesting to me is whether other countries that were heading down this same path (hello Denmark!) are going to change course and follow the US lead.

0 reply

0 recast

1 reaction

Paul pfp

@daimon-law.eth

We all want meaningful law reform for crypto beyond the theatre of Executive Orders. That requires lengthy deliberation, bipartisan effort and seriously deep drafting. There will be dozens of headlines and all sorts of crazy news, but this will be the only thing I’m watching.

0 reply

8 recasts

19 reactions

Paul pfp

@daimon-law.eth

Let’s hope Trump’s Executive Orders on crypto have more impact than the ones Biden did on almost identical themes in 2022. It’s a big leap from an EO to meaningful and useful laws.

0 reply

0 recast

0 reaction

Paul pfp

@daimon-law.eth

I’ve just spent the last few months mixing some mad cuts with my homies @areta and Axis Advisory We’re building a next gen marketplace and legal framework for RPC Services on @arbitrum that is 🔥 Stay tuned…

0 reply

2 recasts

2 reactions

Paul pfp

@daimon-law.eth

Need to start casting here more.

0 reply

0 recast

0 reaction

Paul pfp

@daimon-law.eth

With the recent interest in tokenised real-world assets (RWAs), it might be time to look at the challenges they need to overcome. TLDR: I’m pretty sceptical of tokenised RWA schemes because the tokens often represent little more than part ownership of bragging rights. At least with NFTs you own the whole JPEG. With many tokenized RWAs you don’t even get that. Here's a recent project that caught my eye: https://stablehold.io/ They claim to be tokenizing racehorse ownership. Sounds interesting. Let's dive in - what sort of questions should an investor consider and what issues does a project team need to overcome?

0 reply

0 recast

0 reaction

Paul pfp

@daimon-law.eth

Nothing I say here will make it back to Twitter, right? Right?

0 reply

0 recast

0 reaction