No less than 76 #Democrats just voted with Republicans to overturn the #IRS's "defi broker rule" which would have required crypto firms like #MarcAndreessen's #Uniswap to collect information on their users and in so doing discourage the use of these platforms for #moneylaundering by criminals and rogue nuclear states (#NorthKorea *loves* Uniswap) and by the very wealthy to avoid paying #taxes.

The new wave of #memecoin scams like #TrumpCoin are also all facilitated/perpetrated by these decentralized trading platforms.

If any of these people are your representative you should do what you can to make sure they are primaried because they are not representing your interests. At a minimum call them and yell at them (this works better than most people think!)

The corruption of the US government by #crypto bros is extremely bipartisan.

* Full roll call of vote: https://clerk.house.gov/Votes/202571

#uspol #defi #DOGE #broligarchs #SEC #CFPB #DNC #Dems #congress #house #law #tax #corruption #taxation

Engadget: Australia demands big social platforms pay local news publishers. “Australia is not messing around when it comes to big tech. Last month the country introduced a law that, if passed, would ban all people 16 and younger from social media. Now, its coming after social media and search engines alike, ensuring they pay publishers for their content after Meta backed out of doing so, the […]

https://rbfirehose.com/2024/12/13/engadget-australia-demands-big-social-platforms-pay-local-news-publishers/

Wealth concentration

Under our current way of doing things, extreme wealth can be seen as a dark hole - loose analogy - dragging and destroying everything within it’s reach.

https://www.theguardian.com/news/2024/nov/18/be-brave-and-impose-minimum-tax-on-worlds-billionaires-urges-spanish-minister

#Taxation #Inequality #ExtremeWealth