The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Armstrong: Biden administration unlawfully tried to kill US crypto industry
“The Biden administration really tried to unlawfully kill this industry in America”
Armstrong: Sam Bankman-Fried likely committed fraud and lied to FTX investors
“I mean, that that's the moment in my mind where he crossed the line into probably committing fraud. And I think he probably lied to users lied to investors.”
Armstrong: SEC Chair Gensler weaponized the agency for political purposes
“Unfortunately, we have a regulator the chair of the SEC, who's kind of weaponized the agency for his own political purposes.”
Armstrong: Gensler and Warren do not want crypto in the US
“Right, along with Elizabeth Warren, who, they just don't want crypto to exist in the United States.”
Armstrong: U.S. administrative agencies are de facto creating laws
“What's happened, sort of, is that we've created these agencies, and because they can just send subpoenas to everybody, or publish these guidance letters, you know, this is kind of the administrative state, if you will they are de facto creating laws.”
Armstrong: Lack of US crypto regulation caused the FTX collapse
“And that lack of regulatory clarity, I believe has pushed a lot of this business offshore to these less regulated exchanges. That's part of what caused the blow up today.”
Armstrong: FTX US is worth nothing due to brand damage
“I don't necessarily think FTX US is worth anything as a business right now because of the brand being so tainted.”
Armstrong: Accredited investor laws are inherently exclusionary
“The danger is if we ever get into a place where we say, well, only wealthy people can now invest because somehow there's an accredited investor test. That's inherently exclusionary. I don't like the accredited investor laws.”
Brian Armstrong: Sam Bankman-Fried should go to jail
“You know, Sam Bankman-Fried should go to jail.”
Armstrong: US banking sector is quasi-nationalized
“They have, in the US, our banks are more privatized than, say, China or most other countries, but they're quasi-nationalized in the US.”
Armstrong: Fundraising tokens are securities, but decentralized utility tokens are not
“If people want to issue a token that's raising money for a company, let's regulate it as a security. If they want to issue a token that's truly on a decentralized protocol, or has some other purpose like voting in a DAO or rewards or something like that, then …”