Gus at True Ventures pfp

Gus at True Ventures

@gus

409 Following
533 Followers
Gus at True Ventures pfp
Gus at True Ventures
@gus
yesss
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Seeing a lot of AI tools to *help* biglaw but who's building AI tools to *replace* biglaw?
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Gus at True Ventures pfp
Gus at True Ventures
@gus
welcome
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Gus at True Ventures pfp
Gus at True Ventures
@gus
https://topdrawershop.com/collections/house_shoes
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Joined October 15, 2022 / member for 1 year 11 months 16 days / most impressive: successfully remained unnoticed Check your Farcaster stats: Frame by @0xdexter
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Ungrated, in a block or wedge, in the refrigerator.
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Those smiles!
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Gus at True Ventures pfp
Gus at True Ventures
@gus
quality cast
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Gus at True Ventures pfp
Gus at True Ventures
@gus
But let's see what Vitalik thinks even though you just got the perfect name from me.
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Captain Quint
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Getting on 6hr flight. Any early stage AI founders curious about what's happening in AI law/policy, DM. I want to hear what's on your minds.
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Gus at True Ventures pfp
Gus at True Ventures
@gus
I haven't done a deep dive into ranked choice. Are you in favor?
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Gus at True Ventures pfp
Gus at True Ventures
@gus
We = the people of the US. Sorry to be unclear, especially on an international platform!
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Gus at True Ventures pfp
Gus at True Ventures
@gus
In short, the SEC is trying to expand the perception of its regulatory authority, so it can make the argument like "if this restaurant NFT is a security, then this DeFi staking protocol sure as hell is," and "if this exchange that trades ape pictures is a securities exchange, then Uniswap definitely is." More enforcement in lieu of rulemaking.
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Gus at True Ventures pfp
Gus at True Ventures
@gus
It's strategic. In what may be the waning days of Gensler's SEC, it is trying to mark its territory as broadly as possible, especially in proceedings where it won't be challenged. In a settlement, no judge will rule on the SEC's theory that a NFT that lets you into a restaurant is more like a share of stock than a club membership. So the SEC can put whatever boundary-pushing theory it likes in the settlement.
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Why would the SEC go after NFTs and NFT exchanges now, even though the heyday of NFTs may be behind us, and some of the projects they're targeting (Flyfish Club, e.g.) are arguably more like gym memberships than securities?
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Gus at True Ventures pfp
Gus at True Ventures
@gus
Yes! And even after the 17th Amendment mandated direct election of senators, the fact that each state gets two no matter its population is a check on pure democracy (much like the electoral college).
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Gus at True Ventures pfp
Gus at True Ventures
@gus
We're a democracy, and yet many of the founders' greatest constitutional innovations *restrain* popular will. (Can you name some?) That's why the criticism "that's antidemocratic!"--without more--isn't a very compelling argument. Happy Constitution Day y'all.
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Gus at True Ventures pfp
Gus at True Ventures
@gus
https://constitutioncenter.org/the-constitution/full-text
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Gus at True Ventures pfp
Gus at True Ventures
@gus
LOL
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