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Should India ban crypto in a return to foreign currency regulations of the past or embrace cryptocurrency? Shruti Rajagopalan has an excellent column reminding us of India’s old system of currency control under the License Raj. If India proceeds with a rumored ban on cryptocurrency, it wouldn’t be the country’s firs...

According to Arizona Department of Corrections whistleblowers, hundreds of incarcerated people who should be eligible for release are being held in prison because the inmate management software cannot interpret current sentencing laws. KJZZ is not naming the whistleblowers because they fear retaliation. The employees said they have been raising the issue internally for more than […] The post The new version of “throwing away...

Ye Hong and William Neilson have solved for the equilibrium: This paper models cybercrime by adding an active victim to the seminal Becker model of crime. The victim invests in security that may protect her from a cybercrime and, if the cybercrime is thwarted, generate evidence that can be used for prosecution. Successful crimes leave […] The post Cybercrime and Punishment appeared first on...

He is the co-founder and CEO of Coinbase, here is the video, audio, and transcript.  Here is part of the CWTeam summary: Brian joined Tyler to discuss how he prevents Coinbase from being run by its lawyers, the value of having a mission statement, what a world with many more crypto billionaires would look like, […] The post My Conversation with Brian Armstrong appeared...

I don’t pretend to know what this really means, but here is the report: Planned legislation to establish new business areas in Nevada would allow technology companies to effectively form separate local governments. Democratic Gov. Steve Sisolak announced a plan to launch so-called Innovation Zones in Nevada to jumpstart the state’s economy by attracting technology […] The post Will tech companies be allowed to...

I’m an advisor to a number of firms, including several in the crypto space such as Elrond (eGLD coin). When I signed on as an advisor more than two years ago, Elrond was almost completely unknown, which wasn’t surprising as they were based in Romania. I thought the Romanian base was a positive, however, because […] The post Elrond and the New Crypto Spaces...

As many of you will expect, I am fine with their decision.  Furthermore I think they made it at exactly the right moment. Questions for those who think that Twitter made the wrong decision: 1. Can you state your margin? That is, what would Trump have to do for you to think that Twitter should […] The post Should Twitter have banned Trump? appeared...

Chinese regulators said Thursday they have launched an antitrust investigation into Chinese e-commerce giant Alibaba Group Holding Ltd. BABA 0.14% and separately said they would summon affiliate Ant Group for discussions on competition and consumer rights. Taken together, the two actions mark the strongest enforcement action by Beijing against the country’s biggest technology giant and Jack Ma, its billionaire founder. The […] The post This is us, that is them,...

At the same time, I do have serious rule-of-law reservations about undoing a deal eight years on, particularly given the fact that it appears that the advertising-supported space is doing better than I thought a few years ago: Snapchat in particular is building a great business, LinkedIn is doing much better, and TikTok is obviously […] The post Ben Thompson on the Facebook antitrust...

Initially founded in 1962, the Anti-Digit Dialing League quickly became the premiere sensible dialing association organization in the United States of America. Nearly 60 years later, the problems this country’s phone network faces are direr than ever. While we continue to espouse the use of 2L+5N dialing over all-number calling whenever possible, our primary aim […] The post This was a thing, yes it...

Alex is very very highly rated by those who know him, but still in the broader scheme of things significantly underrated as a Bay Area tech and finance thinker.  Here is Alex on SPACs: If the best fundraise (IPO included) aggregates as many potential buyers as possible to raise money at the highest price with […] The post When in doubt, ask Alex Rampell...

From a GitHub repository: This GitHub repository is a back up of my FAERSFix scripts. The FDA Adverse Effect Reporting System is a horrifically dysfunctional quagmire of shockingly bad data. The data is not just bad for severe epistemological reasons, it is also poorly organized and riddled with flagrant absurd errors. These scripts smooth over the very […] The post Should government improve the quality of...

This seems unconfirmed, and do note some sources in the story do not believe this account, but here goes: AstraZeneca, whose Phase 3 coronavirus vaccine clinical trial has been on hold for more than a month, did not get critical safety data to the US Food and Drug Administration until last week, according to a […] The post The AstroZeneca saga, according to one...

I say focus on data protection but let them keep the algorithm.  From my new Bloomberg column here is one excerpt: A second principle for good policy is that the U.S. government should not cut off the U.S. — including of course Chinese Americans and visiting Chinese — from the Chinese internet. Let’s say TikTok […] The post How should America regulate TikTok and...

Congress agrees big tech creepy, can’t agree how The second is: Big Tech is worth even more the day after congressional grilling Furthermore, the tech companies have been rising in popularity.  I am going to “call” that the “war against Big Tech” essentially is over, and that the critics have failed.  The new debate will […] The post Two Washington Post headlines about “Big...

Apple Store’s Temperature Checks May Violate EU Privacy Rules, Says German Data Protection Office Of course they do.  And yes, I know that is a small thing, and furthermore temperature checks may not even be effective. The general point is this: you cannot over the longer run have a society based on such inflexible rules […] The post The general lesson still has yet...

…while I have written about Taiwan’s use of cellphone-enforced quarantines for recent travelers and close contacts of those infected, I should also note that every single positive infection — symptomatic or not — is isolated away from their home and family. That is also the case in South Korea, and while it was the case […] The post The essential Ben Thompson on isolation...

Data-analytics company Palantir Technologies Inc. is in talks to provide software to governments across Europe to battle the spread of Covid-19 and make strained health-care systems more efficient, a person familiar with the matter said. The software company is in discussions with authorities in France, Germany, Austria and Switzerland, the person said, asking not to […] The post That was then, this is now:...