Jesse Powell

@jespow ↗

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Last Checked April 3, 2023

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Thu Feb 09 23:13:13 +0000 2023

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Jesse Powell @jespow

@tomlombardi Highly recommend doing that if you have the technical ability and the minimum amount required to stake. A lot of people don’t have 32 ETH and don’t trust themselves with the tech though. It may drive more direct staking but will block retail adoption. — PolitiTweet.org

Posted Feb. 9, 2023

Preceded By

Jesse Powell @jespow

I honestly hope that somebody proves, in court, that there is a legal, user-friendly version of custodial staking that can be offered to US consumers. It’ll be a brutal, lengthy, expensive fight and a massive distraction but the industry and the USA will be extremely grateful. — PolitiTweet.org

What is equally true: these products are basically yield products. True on-chain staking services like ours are fun… https://t.co/D7NjW3SznD

Posted Feb. 9, 2023

Followed By

Jesse Powell @jespow

@uscryptotax I don’t see a material difference vs competing products. I don’t think that any minor differences matter to the SEC, which views all forms of custodial staking as problematic. I expect more settlements or lawsuits to follow imminently as they make the rounds with their example. — PolitiTweet.org

Posted Feb. 9, 2023