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Posts by Peter Van Valkneburgh

@levendowski.net hi, this is Peter (and yes for real not a bot, feel free to post challenge questions about NYU law). Could we DM about something?

10 months ago 2 0 0 0
Needing Dollars, Iran-Backed Militias Turn to Visa and Mastercard Armed groups lost access to dollars when a banking loophole was closed. They quickly pivoted to exploit a currency-exchange scheme using cards that at its peak involved $1.5 billion a month.

Reading this headline as a crypto policy wonk was an emotional journey www.wsj.com/world/middle...

10 months ago 3 0 0 0

Effective altruism is actually a great cautionary tale about what happen when a consequentialist/utilitarian ideology abandons virtue ethics.

10 months ago 48 4 3 1

To create that separation we need a competitive market for identification, a competitive market for financial services, technologies that allow for selective disclosure to FIs of risks carried by certain credential holders (VCs ZKPs MPC), and maybe limits on performing both ID and Banking activities

10 months ago 0 0 0 0

Indeed, in a free society, we should actively seek to deprive financial institutions of any knowledge of our politics, race, sexual preferences, religion, speech activities, etc.

10 months ago 0 0 1 0

This sounds glib but I'm serious. A financial institution has a good business reason to know certain specific risks a customer presents (creditworthiness, illicit activities). That does not mean they have a good business reason to know anything else about them.

10 months ago 0 0 1 0

what we need is separation of banking from identity

10 months ago 0 0 0 1

Sounds about right. I miss civil libertarian bipartisanship.

10 months ago 8 0 0 0

They should talk to folks in crypto...

10 months ago 10 0 1 0
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None of them were at all reusable. An entirely unsustainable model for just about anything aside from nation-states militarizing space. Falcon changed that and starship will do the same for super heavy payloads.

10 months ago 0 0 0 0

For those keeping score at home on the unintended consequences of KYC... today the hacked Instagram account of a multi-platinum rapper posted the passport and face of a major crypto founder because he refused to pay the hackers 40 Bitcoin.

Things are only going to get weirder and worse.

10 months ago 1 0 0 0
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Found two of these "stink horns" in the garden this morning. Fungus I didn't even know existed. Delightful. Blooms quickly, smells dead, attracts flies. Sign of healthy soil.

10 months ago 0 0 0 0
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apple. car.

10 months ago 0 0 0 0
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Fart coin is never trending on blue sky. Sad.

10 months ago 2 0 0 0
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Two Israeli Embassy Staffers were “shot and killed as they exited an event at the Capital Jewish Museum” last night - PoPville 3rd and F Street, NW MPD reported 9:18pm Wed. night: "Alert: Shooting investigation in the area of 3rd and F Street NW. Avoid the area. Details to come." NBC News reported: "Two staff members of Israe...

Two Israeli Embassy Staffers were “shot and killed as they exited an event at the Capital Jewish Museum” last night www.popville.com/2025/05/two-...

10 months ago 1 2 0 0

But these cases about remittance providers are perfect. Hopefully it's the beginning of a wave that severely limits the amount of warrantless financial surveillance the government can get away with in America.

11 months ago 0 0 0 0
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I had selfishly hoped that the last straw might come because of an overzealous expansion of surveillance obligations for crypto software developers which would be able to fight in court. That's why we published our report on Electronic Cash and the Constitution.

11 months ago 0 0 1 0

The $200 CTR threshold on the southern border might be the final straw for the BSA's constitutionality (the 1970s cases that found it constitutional had deciding votes from justices who warned that more aggressive surveillance would go too far).
ij.org/press-releas...

11 months ago 0 0 1 0

CC @neerajka.bsky.social

11 months ago 1 0 0 0
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The crypto shaped hole in the US Constitution. This is my philosophical take on why crypto (despite all the garbage coins and gambling) matters fundamentally to freedom, privacy, and inclusivity.

11 months ago 0 0 0 0

If people started using crypto to avoid this tax and lawmakers tried to close the loophole with unconstitutional restrictions on speech and software publication we'd happily fight it out in the courts.

11 months ago 4 1 0 0
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This x post made me want to spend more time here.

11 months ago 6 0 0 0