Hilary J. Allen
@profhilaryallen.bsky.social
Law professor at the American University Washington College of Law (but all views expressed here are my own); author of Fintech Dystopia and Driverless Finance; mythbusting crypto, AI, and other fintech
Internet serial: fintechdystopia.com
Internet serial: fintechdystopia.com
Severance has been the gift that keeps on giving for me
November 25, 2025 at 7:16 PM
Severance has been the gift that keeps on giving for me
Sacks is running the same playbook he ran in 2023 to get bailouts for Silicon Valley Bank. Except that this time, the call is coming from inside the (white) house...
November 25, 2025 at 1:33 AM
Sacks is running the same playbook he ran in 2023 to get bailouts for Silicon Valley Bank. Except that this time, the call is coming from inside the (white) house...
It’s all so stupid and sad
November 21, 2025 at 12:56 PM
It’s all so stupid and sad
Sadly, knocking only 25% off might be optimistic...
November 20, 2025 at 6:26 PM
Sadly, knocking only 25% off might be optimistic...
![Another goal is for folks in this big tent to vote for people willing to stand up to the Silicon Valley elite. I strongly suspect that the Venn diagram of Congressional Democrats who support the crypto industry and Congressional Democrats who support the abundance agenda looks a lot like a circle. The Crypto Council for Innovation’s Sheila Warren told a group chat of Democratic Party insiders that “nobody is going to get primaried because they voted for [the stablecoin law] GENIUS,” but she may have misread the electorate. We saw last chapter how the crypto industry’s standwithcrypto.com ratings have helped pervert our political process, but we can make lemonade out of lemons and support primary challenges against candidates who have strong pro-crypto rankings – which will probably stop the spread of the abundance agenda too. Silicon Valley’s money and power may seem insurmountable right now, but if we were to go back about fifty years, we would see how the tobacco industry also weaponized publicly subsidized profits to capture Congress and push their preferred narrative. Yet as Sarah Milov relates in The Cigarette: A Political History, in the end, the tobacco industry lost control of the narrative as public interest litigation and grass roots activism made smoking socially unacceptable – and anti-smoking laws followed this narrative shift.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:4bcrv573bktwj6xw5tie2im5/bafkreifnppw5yqr74nujkwzweilyvtk2cf2kedbdamp7hdtdmcifkzjxba@jpeg)
November 20, 2025 at 5:58 PM
This is, after all, the same crowd who thinks that Bitcoin is valuable because a lot of energy was burned in mining it
November 19, 2025 at 2:21 PM
This is, after all, the same crowd who thinks that Bitcoin is valuable because a lot of energy was burned in mining it
Reposted by Hilary J. Allen
@alexbores.nyc double-down in coverage from CNBC:
"I am someone with a master's in computer science, two patents, and nearly a decade working in tech. If they are scared of people who understand their business regulating their business, then they are telling on themselves."
"I am someone with a master's in computer science, two patents, and nearly a decade working in tech. If they are scared of people who understand their business regulating their business, then they are telling on themselves."
November 19, 2025 at 12:04 AM
@alexbores.nyc double-down in coverage from CNBC:
"I am someone with a master's in computer science, two patents, and nearly a decade working in tech. If they are scared of people who understand their business regulating their business, then they are telling on themselves."
"I am someone with a master's in computer science, two patents, and nearly a decade working in tech. If they are scared of people who understand their business regulating their business, then they are telling on themselves."
I guess if you stop enforcing securities law against crypto firms, it’s only fair that you stop enforcing against everyone else too 🤷♀️
November 18, 2025 at 1:39 PM
I guess if you stop enforcing securities law against crypto firms, it’s only fair that you stop enforcing against everyone else too 🤷♀️
Beware tech bros name Sam ___man bearing gifts…
November 16, 2025 at 11:48 PM
Beware tech bros name Sam ___man bearing gifts…