Jacob Wittman
@jakewittman
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General Counsel @PlasmaFDN 🕊️ Recovering big law associate, probably watching baseball.
Seattle
Joined February 2014
RT @RonwHammond: 1) This week in Congress and crypto: This is the last "quiet" week in DC, but Congress has a full slate ahead of them when….
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BTC is the most important asset of our lifetime, and quite possibly in the history of money. It's an absolute privilege to build in an ecosystem that will move it from the world's most important store of value to underpinning global commerce alongside stablecoins.
Plasma is the most important thing to happen to BTC in a very long time. If DeFi on BTC is going to work, it likely starts there.
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RT @iampaulgrewal: The framers were entirely comfortable and protective of trustless peer to peer money transfers. They called it cash pass….
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The first step in building a permissionless financial network is launching tools alongside partners that have a global impact. Today, we expand Plasma's reach to 280+ million people globally with our partnership with Binance Earn.
The new global financial system relies on a deep and robust yield economy. To reach that scale, distribution is everything. That’s why we are excited to announce our partnership with @Binance Earn to bring the first fully onchain yield product to hundreds of millions worldwide.
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The only thing better than building cool stuff is doing it alongside great people. 🕊️.
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The global money movement starts with sunsetting aggressive government programs and ends with the entire banking system coming onchain.
FEDERAL RESERVE ANNOUNCES IT WILL SUNSET ITS 'NOVEL ACTIVITIES' SUPERVISION PROGRAM FOR CRYPTO AND FINTECH ACTIVITIES BY BANKS.
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RT @PlasmaFDN: Stablecoins dominate onchain transaction volume, representing more than the combined transfer volume of all other transactio….
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RT @RichJWidmann: @iampaulgrewal Only a matter of time before self custody is recognized as one of the most liberating innovations since th….
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Google clarified that self-custodied wallets are not within the scope of their policy, as I suspected they would.
The Google Play wallet "ban" is a giant nothing-burger in many ways but it does show that tech giants control distribution and we are still at their whim.
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@redacted_noah @0xMert_ @solanamobile The policy has been up since July and itself says "Cryptocurrency exchanges and software wallets can only be published in the following countries/regions if the app complies with local laws and industry standards.". Two issues with this specific language (and there are issues.
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The Google Play wallet "ban" is a giant nothing-burger in many ways but it does show that tech giants control distribution and we are still at their whim.
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RT @PlasmaFDN: People across the world are disadvantaged by restrictions on access to core financial services. Today, we are excited to an….
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The global financial system is fragmented as a result of decades of patchwork regulation. Stablecoins allow us to rebuild cross-border payments from first principles but we must ensure regulation supports innovation as opposed to inheriting constraints of the current system.
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Traditional financial institutions will enter the digital asset ecosystem as a result of positive regulatory changes. Plasma x Aave will be the entry point.
With positive regulatory tailwinds, traditional financial institutions have their clearest signal yet to bring core services onchain. Together with @Aave, Plasma is launching the first and only dedicated institutional fund for a new global financial system.
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RT @PlasmaFDN: With positive regulatory tailwinds, traditional financial institutions have their clearest signal yet to bring core services….
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RT @BlockchainAssn: 1/ Today's guilty verdict on Count 2 against Roman Storm is disappointing and sets a dangerous precedent for open-sourc….
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Today, a significant portion of the world lacks access to critical financial services. Stablecoins change this, giving anyone, anywhere access to money. Reframing our thinking around financial systems will mean more of the world ends up being banked.
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