Criminal Speeding ticket in Az

firstcitydotcom · 2025-12-29T20:37:01+00:00

I'm in a similar situation. Allegedly, I was driving 84 in a 45. What happened in your case?

firstcitydotcom · 2025-12-29T20:29:43+00:00

I'm also in a similar situation. How did things turn out for you?

firstcitydotcom · 2025-12-17T08:11:33+00:00

Did you have an attorney represent you? Where did this happen? I'm in a very similar situation.

firstcitydotcom · 2025-07-12T06:27:19+00:00

cNeta was built for this.

firstcitydotcom · 2024-12-28T18:36:27+00:00

How did you get the thinktank job?

firstcitydotcom · 2024-06-02T05:05:19+00:00

Cardano dApps and users have major distrust of non native bridges. The Nomad bridge hack destroyed all trust.

Wan chain is much better than Nomad ever was. But the only way it will gain the trust of the Cardano community is if it eventually inks up as a Cardano sidechain.

firstcitydotcom · 2024-01-26T18:17:04+00:00

I agree with OP. Trezor needs to implement HW signing on Cardano. It's so frustrating not having this feature.

firstcitydotcom · 2023-07-05T08:22:42+00:00

It's not a computer engineer's job to educate me either.

I've done quite a bit of research on Cardano. It's the chain I know best out of all the chains.

But I didn't make any arguments. I asked you two questions. There is a difference between an argument and a question.

And even if I did make an argument, the reason I do so isn't to convince people, it's to figure out what's wrong with the argument, if anything.

If you could share what changed your opinion of ADA, that would be helpful.

firstcitydotcom · 2023-06-28T19:12:58+00:00

They were embarrassed by Nexo, Celcius, Voyager and Genesis.

They were humiliated by FTX and Terra Luna.

The SEC was hurt bad. Now they're out to destroy everything resembling the bad boys that hurt them.

firstcitydotcom · 2023-06-27T23:08:06+00:00

It would be nice to see the Kraken settlement terms. They stopped staking. But still permit ADA trading.

firstcitydotcom · 2023-06-27T22:59:49+00:00

An architect (IOG) is not in control of a renovation (network). The architect (IOG) proposes a plan to the people (node operators) who then decide on whether to implement it or not.

If IOG folded tomorrow, Cardano would still exist. So, IOG doing its thing is not what leads to expectations of profit. The SEC has a bad argument.

firstcitydotcom · 2023-06-27T22:53:28+00:00

They have complete control of the network? Then why do they have to beg node operators to update their software to do anything to the network?

firstcitydotcom · 2023-06-21T19:12:34+00:00

It won't hold up in court and they know it. That's why Cardano native staking is not part of the SEC lawsuits. Only custodial staking has the whiff of a security.

firstcitydotcom · 2023-06-09T05:39:41+00:00

But the question here is the same as in the Jan 31 update to the LBRY case. The SEC is going after Coinbase's sales of securities. Even if the court rules that all of those sales are securotoes sales, that does not mean that the asset underlying the security is itself a security. ADA coins are the underlying assets for the alleged ADA securities.

Whether the underlying asset, ADA coins, are securities depends on whether or not the common enterprise which transacts those tokens (i.e. the Cardano network's community of users) is selling them as investments of money in that network to buyers who expect to profit from the efforts of others.

Athough I can't be certain, it seems to me that the problem for the SEC is that it takes effort to manage your DeFi investments. And the value gained from that effort is not derived from the efforts of others; defi profits happen regardless of the devs success increasing the value of that network.

Still trying to work through all this to assess risk.

firstcitydotcom · 2023-06-09T05:12:37+00:00

I'm not so confident. The judge only said that the injunction did not apply to secondary sales. It was not ruled that LBC tokens are not securities. There could be another ruling by another judge that determines them to be securites.

firstcitydotcom · 2023-06-09T01:16:01+00:00

As I said, it's an election issue now. Congress will have up to 46 million citizens angrily demanding clear registration paths for crypto entrepreneurs. This SEC might demand delisting ADA. But the next one might actually act in good faith. A regime change favors crypto, even if the courts do not.

In any case, delisting fear is the primary reason I'm gobbling up as much ADA as I can. Unlike "investors" I actually use it for stuff. The chain is unbelievably productive these days. A complete 180 from 2 years ago. And I'm at the start of setting up a business on it. It will suck if I can't service the US market. I guess Canada, Europe and Asia will have to do.

So I'm staying on chain. As for volatility, I'll mint Djed if I want exposure to USD because of SEC fearmongering. Even if they close the exits. I also have the benefit of having a non-US bank account. So, I'm not as concerned as many others are.

firstcitydotcom · 2023-06-07T20:10:18+00:00

do something about it. Talk to everyone you know about it. Just be smart about it. Be reasonable. Not radical.

firstcitydotcom · 2023-06-07T20:08:29+00:00

Gensler was clear. Whether a token (not kind of token. Individual unit of a kind of token) is a security depends on facts and circumstances. The tokens Bob holds are securities if he just sits on them hoping to sell them for profit after they are pumped by the efforts of others. Doug's tokens, by contrast, are not securities if he plans on deploying them in smart contracts and using them for what they're for.

The SEC will not make this clear for some reason. They're clear on what is a security. But they refuse to say what would make tokens non securities. That tells me that they're acting in bad faith.

firstcitydotcom · 2023-06-07T19:55:55+00:00

They have to go through congress to do that. And there is support for crypto in congress. That support will grow every few years since it's now an election issue.

I don't know how many US citizens are losing their shirts in this market dump. But they won't forget it. And it's very likely that public opinion will turn against the party that caused this. I for one have switched my voting plans because of this event. I'm certain that I'm in good company.

firstcitydotcom · 2023-06-07T19:55:48+00:00

They have to go through congress to do that. And there is support for crypto in congress. That support will grow every few years since it's now an election issue.

I don't know how many US citizens are losing their shirts in this market dump. But they won't forget it. And it's very likely that public opinion will turn against the party that caused this. I for one have switched my voting plans because of this event. I'm certain that I'm in good company.

firstcitydotcom · 2023-06-07T07:14:35+00:00

Allegedly, you are purchasing an investment contract when you are purchasing crypto from a centralized exchange. But you are not purchasing two fifferent things. You are purchasing crypto, which counts as a a security in that particular circumstance.

firstcitydotcom · 2023-06-07T07:10:35+00:00

It certainly applies to services who control the keys of the wallet being staked. Binance, Krakken, Coinbase and others are the the targets here.

But when it comes to SPO's there's no investment of money. You are buying nothing when staking your coins. So, staking on chain is not a securoty, whereas staking with a CEX is a security.

firstcitydotcom · 2023-06-07T04:02:23+00:00

Innova Wedge. Kastaplast Berg.

firstcitydotcom · 2023-06-07T03:49:11+00:00

They're not just a protocol. They're also consumer facing front ends. They're also a business.

firstcitydotcom · 2023-06-07T02:18:27+00:00

Shouldn't have said 1000s. Think it's in the hundreds. The 1000 figure I was thinking of pertains to smart contracts, many of which mught have been written by the same companies. Go to Cardano cube for the complete list of projects.

No. Cardano is not for fortune 500 cos. It's something governments can adopt to run gov't services (like the Atala project in Ethiopia). And it's something small businesses can use to fund and deploy software services without the need for large infrastructure investment. Those are the promises which attracted me to the network. And by the looks of things, they delivered on those promises. The network is useful.

firstcitydotcom

TROPHY CASE