Crazy light across Manhattan with a rainbow as the sun set ahead of an approaching nor'easter storm in New York City, Friday evening #newyorkcity #nyc #newyork #sunset #noreaster #rainbow

Nyc has the mandate of heaven

opus 5.5 is crack.

We used to watch god play

We need a completely new culture around infrastructure -- images, architecture, rituals, stories etc that make technological innovation feel like a shared national adventure. Note that the 20th century photos of big infrastructure that ppl now share w/ nostalgia were often the result of an active effort to CULTIVATE the technological sublime. The govt and companies commissioned photographers, filmmakers, artists, even musicians to imagine new infrastructure as a source of beauty and power and purpose. We need to do this again in a new era -- need a National Design Studio @ndstudio for America’s built environment. Imagine what it did for .gov web design applied to bridges, rockets, autonomous cars, cities, data centers...

After reading the fine print, the conditions of the exemption are inapplicable to basically everyone. It describe a product that doesn’t exist yet: > The token has to be the real share, with synthetics, derivatives, and debt instruments explicitly excluded. Every tokenized stock trading today is out on that line alone. Eligible supply right now is a handful of @Securitize natives and whatever the DTC’s pilot produces in October. Almost nothing. > The venue has to be an AMM liquidity pool. Order-book venues don’t qualify. tZERO, Securitize Markets, every serious tokenized securities venue in the US is an order book, and they’re already ATSs anyway. > On a public, permissionless chain, but with permissioned participants and access standards. So Uniswap as it exists can’t be the TSV. Someone has to wrap a pool with KYC gating and be the accountable party. > The TSV must be a U.S. person and comply with OFAC sanctions programs, plus books and records, technology safeguards, transparency. This means no DAOs or offshore SPV. Its basically a broker dealer function. > Issuers who object to an outside party tokenizing their offerings can block a venue from doing so. So the AMCs and Apples of the world, can veto third-party tokens, and the volume caps sit on top of whatever’s left.

In simple terms, the SEC announced that if you want to establish a crypto-style trading pool for tokenized stocks on a public blockchain, you can do so for the next five years without registering as an exchange, provided you adhere to certain regulations. The pool is restricted to trading a limited number of stocks and a limited volume. The tokens must represent the actual stock, possessing the same voting rights and dividends as regular shares, so the fake wrappers sold by Robinhood and Coinbase in other countries are not eligible. Additionally, if someone other than the company itself created the tokens, the company will receive a notice and has the option to refuse.

No country on Earth assimilates better than America. These are football obsessed 2nd gen immigrant kids wearing cowboy hats, crushing beers, throwing up horns, and celebrating one of the greatest comebacks in school history. THIS is why America rules the world.

We have now entered the greatest 8 week stretch of weather in nyc