Taking Stock

Hey all! Today we'll be taking stock of our progress this past year, and taking a look forward at what 2025 may look like. From porting our database infrastructure to GitHub and becoming the first American DUNA, there have been some awesome advancements. I'm looking forward to also discussing items on the near horizon, such as the hopeful approval to come for WhyDRS to operate as a charitable nonp...

This week on Taking Stock, we're speaking at length with John Wooten about his suggestions and work to see regulators update and modernize their approach to transfer agents. John is a hyperqualified person to speak with about these developments, as between his Transfer Agent BlockTransfer and his self-developed code concept TAD3, he is among the few pushing for meaningful under-the-hood changes in...

This week we're joined by Michael AME, a retail investor active in community development and in highlighting the efforts of the readers, writers and builders who are seeking to raise the floor for collective understanding among investors. These are intentionally complicated markets, and simplifying them isn't in everyone's interest. Michael tells us more about his personal journey to become invest...

This week Chives and John were joined by Valentine, a Stellar community member and contributor who is becoming increasingly involved in the online advocacy space and is providing code improvements to the SDEX ecosystem. Valentine has some personal history as a retail investor and engaging with online communities, and was unfamiliar with DRS as an asset holding framework, so we covered some of thes...

Today on Taking Stock we'll follow up on last weeks discussion with an examination of the Treasury Department's study on Digital Assets, which also was released in October 2024. The Treasury takes a more direct approach reviewing how tokenization of treasuries could impact the market currently developing in the crypto space including effects on stablecoins, bitcoin, memecoins, and coins yet to com...

Today on Taking Stock we'll be discussing the recent DTCC study on Digital Assets effects on Collateral Management. Per @john.xlm , DTCC Digital Assets is their Securrency acquisition. One of the primary benefits to digital assets is how it can enable direct custodial control for participants and transparency for onlookers - DTCC as umbrella for the centralized security depository for US markets w...

This week on Taking Stock, Chives is joined by Ankit of XXIM. Ankit has described his project as an effort to bridge the gap of understanding between disparate sections of retail involved in the financial sector, and we discuss how blockchain technology (beyond any specific crypto) can be applied to traditional financial markets - both by current market incumbents, but also by market participants...

This week on Taking Stock, Chives is joined by Gorillionaire2. Gorillionaire has been a key contributing member of the WhyDRS team since before WhyDRS.org launched in Feb 2023, and the WhyDRS Database originally evolved out of a personal project that he started. Gorillionaire continues to be the core of its maintenance and growth, publicly displaying his commitment to through documented improvemen...

This week on Taking Stock, Chives and John discussed Decentralized Management, Teamwork, and Growth. What does it mean to be a decentralized mass of enthusiasts pushing towards a common goal? How can we enable the driven to contribute, and how can we enable the curious to learn how to contribute? Where can we host information and resources to be the most helpful and conducive to meeting our goals,...

This week, Chives and John take a look at Alternate Trading Systems, or ATS. These have transitioned from a small part of the market to representing more than 90% of retail market orders, according to Chairman Gensler in a 2022 Bloomberg interview. Also covered are emergent new models in the ATS space, such as tZero, and other potential developments in the space such as Block Transfer with a custo...

This week, Chives reviews some ongoing key questions still to be answered for moving forward with the 501c3 IRS process, and invites community input. Key issues discussed include the best fit NTEE code, whether WhyDRS will submit additional paperwork concerning potentially influencing legislation, how and if compensation should be allotted to members from donated funds, and the distinction between...

This week on Taking Stock, Chives was joined by @WhatCanIMakeToday, to discuss SEC Petitions, the NSCC petition hosted at WhyDRS, and the history of retail advocacy efforts as we grow from simply commenting on the proposals and reforms developed by the industry to skipping their framing and suggesting those reforms ourselves. - Twitter/X Link: https://x.com/i/spaces/1lPKqODbPebJb - Join the Commun...

This week on Taking Stock, Chives was joined by @beyond-mythos, who has been growing a following around his research into how investors interact with the market, and how a company can be identified as a candidate for activism. We'll dive into these topics and ask Beyond how his interest in these subjects started in the first place! - Twitter/X Link: https://x.com/tehchives/status/18306665231592123...

This week on Taking Stock, Chives takes a look at taking care and appraising sources carefully when trying to learn. He goes over some helpful habits that can help when examining a source or reading a perspective online, such as keeping in mind that the figure behind the source may have it's own motives beyond helping you better understand a subject. - Twitter/X Link: https://x.com/tehchives/statu...

This week Chives focuses on regulation in the Transfer Agent space, and we'll touch not only on recent SEC action against TA but on the broader regime, and how we've seen a variety of consolidation in the market sector. Chives was joined by John Wooten who has a unique and valuable perspective as someone who founded his own Transfer Agent and has been through the approval process with the SEC, and...

This week Chives is joined by Tesla community activist Alexander Merz, AKA TeslaBoomerMama, to discuss the power that retail investors have. The Tesla investor community is one of, if not the largest one in the world and recently had a large struggle with accessing their right to vote. Alexandra provides valuable insight as an international investor, as an organizer, and as someone who is peeling...

This week Chives dives into the platforms, bots and other tools we have been using and looking into in order to promote transparency from top to bottom of the community. - Twitter/X Link: https://x.com/i/spaces/1LyxBgprVdyKN/peek - Join the Community: Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl Join us on Lemmy - https://lemmy.whynotdrs.org/ Visit https://www.drsgme.org and https://www.w...

This week Chives and John were joined by fellow community member Kirk to discuss decentralized community governance Kirk brought to the table his experience in grass roots movements in financial communities or an illuminating discussion. - Twitter/X Link: https://x.com/i/spaces/1DXGydwNDQZKM/peek - Join the Community: Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl Join us on Lemmy - https:/...

This week Chive and John were joined by Pasta, a core developer from Dash, to discuss decentralized community development. Pasta has been developing with Dash for several years and offers fantastic insight into how Dash has developed as a currency and as a community. - Twitter/X Link: https://x.com/i/spaces/1LyGBgPDZYkJN/peek - Join the Community: Join us on Discord - https://mee6.xyz/en/i/vYJSX1g...

This week John hosted a community discussion where he dove into the labor involved in the non-profit efforts of WhyDRS and how to decentralize the DRS educational work to expand its potential. - Join the Community: Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl Join us on Lemmy - https://lemmy.whynotdrs.org/ Visit https://www.drsgme.org and https://www.whydrs.org - Special Thanks to: Craiyo...

This week, Chives shares some incredible news - WhyDRS has taken it's first steps and filed as a legal entity, a nonprofit structure with decentralized governance and focused on education. Wyoming is the first U.S. state to allow this kind of structure, called a DUNA. While there were similar structure options outside of U.S., this is the first domestic option - and WhyDRS was the first to be appr...

This week Chives takes a deep dive into the different types and methods by which companies dilute stock, some of the common reasons for doing so, and how these dilutions commonly effect investors. - Twitter/X Link: https://x.com/i/spaces/1lDxLPlzoDvxm/ - Join the Community: Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl Join us on Lemmy - https://lemmy.whynotdrs.org/ Visit https://www.drsgm...

This week Chives has returned and checked in with the community, as well as providing updates on the WhyDRS efforts. He was joined by some fantastic members of the community and a great discussion was had. - Twitter/X Link: https://x.com/tehchives/status/1803518007097831592 - Join the Community: Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl Join us on Lemmy - https://lemmy.whynotdrs.org/ V...

Bibic and John were joined by Joaquin Soza, an independent developer originally from Chile who has been fascinated by web3 and blockchain development for years. The modern internet environment allows for skill development from anywhere, and allows anyone to find an effort which speaks to them and which they can contribute to. Joaquin is working with a development team, Palta Labs, on open source p...

This week, Bibic and John sat down with Miles Patterson from FanSociety. Miles is developing a project which attempts to connect music artists with their fans directly, rather than involving other middlemen as is so common today. FanSociety is both a crowdfunding initiative which operates transparently and a decentralized infrastructure which can be used to discover and share new artists. A struct...