The Weekly Picks 027 - Misogi and Refugee Roulette

The Weekly Picks 027 - Misogi and Refugee Roulette

Publication Date
Jul 17, 2023
Category
The Weekly Picks
Tags
noise
cryptocurrencies
music
Created
Jan 21, 2024 06:16 PM
Misogi
Misogi
 
 
Here is your dose of “The Weekly Picks”, a curated list of what I’m enjoying.
 
A 20 second summary of what you can find more about down bellow:
🇯🇵 Misogi
🎲 Refugee Roullette: Disparities in asylum adjudication
🪙 A SEC ruling that could set a precedent in the crypto space.
🎧 Sabato by Suite Soprano

Misogi - one year-defining activity every year

Misogi is a purifying ritual that was invented by the Japanese. It usually involves making a pilgrimage to an icy waterfall, where standing underneath the cold water symbolizes intense purification.
Jesse Itzler describes the Western interpretation of Misogi as follows:
“The notion around the misogi is, you do something so hard 1 time a year, that has an impact on the other 364 days of the year. Take on challenges that radically expand your sense of what's possible. There are just two rules: you have a fifty-per-cent chance of success at best, and it doesn't kill you... Does it make your jaw drop? That's a good litmus test for whether something can be a misogi or not.”

Refugee Roulette

I've been listening to the audiobook version of Noise: A Flaw in Human Judgment , which introduced me to the interesting idea of noise in human judgment.
This article explores the complex idea of noise and its impact on judges' decisions:
Asylum applicants whose cases were adjudicated in the federal immigration court in Miami had a 5% chance of prevailing with one of that court's judges and an 88% chance of prevailing before another judge in the same building. Half of the Miami judges deviated by more than 50% from the court's mean grant rate for Colombian cases.

A SEC ruling that could set a precedent in the crypto space.

Learn more about it here.
How Ripple's Win Reshapes Crypto with Paul Grewal & Mike Selig
Listen to this episode from Bankless on Spotify. A U.S court has ruled that XRP is not a security, and if XRP is a security then what implications does this have for other tokens? Joining us today is Paul Grewal and Mike Selig, both experts in their respective fields who are here to help walk us through the implications of this court decision and what it means for our industry as a whole. ------ 🚀 Join Ryan & David at Permissionless in September. Bankless Citizens get 30% off. 🚀 https://bankless.cc/GoToPermissionless ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2⁠ 🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE ⁠https://bankless.cc/MetaMask⁠ 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum⁠ 🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK ⁠https://bankless.cc/Mantle⁠ ----- TIMESTAMPS: 0:00 Intro 4:18 Great Day to Be a Lawyer 7:47 Was This a Surprise? 9:27 TLDR on the Ripple Case 16:08 What is a Security? 20:18 How Binding is This Decision? 27:05 Establishing a Precedent 31:47 SEC's Argument Falling Apart? 38:28 Opening The Door to More Tokens 42:37 What Does This Mean for Token Holders? 47:57 How Does This Impact US Regulation? 53:29 The Fight Ahead ----- RESOURCES: Mike Selig https://twitter.com/MikeSeligEsq Paul Grewal https://twitter.com/iampaulgrewal ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
How Ripple's Win Reshapes Crypto with Paul Grewal & Mike Selig

What I’ve been listening to

This is a music that my friend, José Amorim, introduced me to.

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