🧠 Studying market psychology. Fear, greed, FOMO, panic. The market is just mass emotion.
Joined September 2012
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John Miller retweeted
Keep reading ↓
coinbase.com/blog/whats-chan…
John Miller retweeted
The 2025 tax year marks a big shift in how the IRS views digital assets, with the new Form 1099-DA.
And we believe some aspects of the new reporting rules go too far.
For the first time, the IRS is requiring custodial brokers, like Coinbase, to report customer proceeds from crypto transactions with a new Form 1099-DA.
For the 2025 tax year, it’s required to include:
- Gross proceeds from all reportable sales or exchanges
- Aggregated reporting for certain stablecoin transactions
- Transactions including small-value sales, such as gas fees
These reporting requirements are set by the IRS and apply across the crypto industry.
At Coinbase, our position is clear: we’re committed to advocating for common-sense rules while providing you with the tools to stay compliant.
Requiring 1099-DA forms for stablecoins, assets designed to track the dollar with no gain or loss, creates a mountain of paperwork for zero tax revenue.
We continue to advocate for a de minimis threshold on crypto sales. Reporting a $5 gas fee or a coffee purchase is an admin burden that provides little benefit to the Treasury and stifles the utility of the digital economy.
We comply with the law, but we will not over-deliver data to the government.
Coinbase has started delivering tax documents, with all forms to be delivered by March 17.
John Miller retweeted
You do not have to agree with me on which applications are and are not corposlop to use Ethereum.
You do not have to agree with me on what trust assumptions are acceptable in which situations to use Ethereum.
You do not have to agree with me on political topics to use Ethereum.
You do not have to agree with my views on defi, decentralized social or privacy-preserving payments to use Ethereum.
You do not have to agree with my views on AI to use Ethereum.
You do not have to agree with my view that Berlin has the best food in Europe, suits and ties should be expunged from our culture, and YYYY-MM-DD is the best date format to use Ethereum.
And you do not have to agree with me on any one of those above things to agree with me on any other.
I do not claim to represent the whole Ethereum ecosystem. Ethereum is a decentralized protocol. The whole concept of "permissionlessness" and "censorship resistance" is that you are free to use Ethereum in whatever way you want, without caring about what I think, or even what anyone else in the Ethereum Foundation or even any Ethereum client developer thinks.
But on the flipside, if I say that your application is corposlop, I am not "censoring" you. This has always been the flip side of the grand bargain of free speech: I am not free to shut you down, but I am free to criticize you, much as you are free to criticize me.
In fact, it is *necessary* that we do this. The modern world does not call out for pretend neutrality, where a person puts on a suit and claims to be equally open to all perspectives from all of humanity and not have their own opinions. Neutrality is for protocols (like HTTP, like Bitcoin, like Ethereum), and neutrality within some scope is for some institutions. The modern world calls out for the courage to clearly state one's principles - including stating principles by pointing to negative examples, that is by criticizing the things in the world that are incompatible with one's principles - and work with those with aligned goals to build the metaverse within which those principles are taken as a baseline.
Such things inherently cannot be constrained to just the layer of the protocol: any principle you have will naturally lead to conclusions, not just about how the protocol should be built, but also what should be built upon it. Furthermore, any such principle will have consequences that go beyond technology, and reach into specific questions within the larger social world. This should not be avoided. Valuing something like "freedom", and then acting as though it has consequences on technology choices, but is completely separate from everything else about our lives, is not pragmatic - it is hollow.
The inevitable converse of this is that (i) a decentralized protocol must not be viewed as belonging to only one metaverse, and (ii) the borders of a metaverse are fuzzy: it is possible, and indeed it is the normal case, to align with any one on some axes and not on other axes.
Linux is a technology of user empowerment and freedom, Linux is also the base layer of a lot of the world's corposlop. It's almost certainly the base layer of many things that I think are good, and you think are bad, and vice versa. Hence, if you care about Linux because you care about user empowerment and freedom, it is not enough to just build the kernel, we must also build a full-stack ecosystem compatible with those values, and explicitly accept that this is not the only way that people will use Linux, but it is one way that must be built and must be available. Ethereum is similar.
Milady.
John Miller retweeted
Right, who wants to talk about Fast Finality on Ethereum?
We're figuring out where the theoretical meets the practical: if finality matters to you, let's talk!
🏗️ Infrastructure: L2s, Bridges, Interop protocols
🏦 Liquidity: Exchanges, Staking pools, Apps
💻 Protocol: Client devs & researchers
❓ Others...
The Hard Questions:
- How fast is fast enough to make a difference? Is it quantifiable?
- Which trade-offs are ok? Economic safety <33%? Higher finalisation threshold? Lower fork-choice participation per slot? Slot length? Validator set cap?
- Where does FF sit among all our other priorities?
DM to set up a call - tell me who you are and why you care.
(Note: This is distinct from the fast confirmation rule - talk to @corcoranwill for that.)
I left paid work almost a year ago saying that only something spectacular would drag me out of retirement.
Well, it happened - I am now with @ethereumfndn helping to shepherd fast finality to Mainnet.
It's going to be quite the journey, but I am very excited! 🚀
John Miller retweeted
👁🗨Not Dead Yet | S1E5 — Chris McCabe
WhatsApp whistleblowers have claimed the company can read your messages.
This caused many of the big names in communication apps to start firing shots at each other over privacy. This left us all wondering: Is there any app you can use to communicate privately and securely anymore?
In episode 5 of Not Dead Yet, @rkbaggs speaks with @Cryptic_cm, the co-founder and CEO of @session_app, on everything from the perils of metadata to the future of private messaging.
Timestamps:
00:00 – Intro
01:13 – What Is Session?
04:55 – Can WhatsApp read your messages?
09:26 – What is so bad about metadata?
14:29 – The difficulties of no KYC
19:50 – Regulators and relocation
20:42 – End-to-end encryption isn’t enough
22:54 – Where does AI fit into the privacy landscape?
27:43 – Is there another PRISM agreement between AI and governments?
37:37 – If we don’t regulate AI, where do we end up?
41:10 – “If you have nothing to hide, you have nothing to fear.”
43:40 – The desire for a panopticon
48:00 – What’s the future of privacy in communication?
John Miller retweeted
xAI Memphis
xAI is proud to be a member of the Memphis community for over two years. We now employ almost 3,000 locally to help power @Grok.
From electricians to engineers, cooks to construction — we’re grateful for everyone on our team!
John Miller retweeted
This tweet was generated by an automated process.
The #EthereumClassic community is collaboratively building a new primary ETC Twitter account. We are “tweeting together” on this new account. Content is proposed in GitHub and reviewed for quality and relevance.
John Miller retweeted
Glamsterdam Gas Repricing is around the corner. ⛽️
If you’re building dapps or running infrastructure, your service might be affected.
Core developers want to hear how this impacts you. 👇
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