003: Securities, The SEC, The Federal Reserve, & CBDCs - Chopping it up with Henry Minden of Yacht Labs

Today we discuss all things finance and fiat with Henry Minden of Yacht Labs and the spaces crew, including how the US dollar is not a store of value, what is The Federal Reserve, do we need formal government,  & how CBDCs (Central Bank Digital Currencies) are anti-freedom. 

This conversation was started during ATX DAO and Crypto Mondays Austin's talk with Nitin Gauer, "From Chaos to Order: Taking Crypto to the Next Level."

In order to get this episode up, we had to redact a few things. 

*This episode originally aired on Twitter spaces on January 11, 2023. The original recording can be found here: https://twitter.com/i/spaces/1kvKpmpWMBOGE

CHAPTERS
01:00 - Intro & Recapping ATX Dao's Speaker Series
04:30 - Securities Transfers & The Company
10:00 - Securities Transfers Are Broken, Crowdfunding Alternatives to ICOs
13:20 - Accredited Investor Laws & SEC's "Investor Protection" Are Immoral
14:49 - JOBS Act 3.0 (Reg CF & Reg A+)
17:10 - The Killer Application of Ethereum
21:45 - Financialization of Media
26:12 - Too Much Scale Leads to Corruption
26:35 - More JOBS  Act 3.0
30:40 - Can We Have Advanced Society Without Formal Government?
36:42 - The Federal Reserve, The creature from Jekyll Island, Why USD is not a store of value
45:00 - CBDCs
47:25 - Iran says they’ll adopt a CBDC and if women refuse to wear a hijab, bye bye bank account
52:00 - Network state exit strategy

Intro/Outro Music: john wick suit! - number3ok

Guest Links
https://twitter.com/henryminden
https://ordinals.yachtlabs.io/