Date: 8/3/2024
Location: Washington DC
Effective immediately, PODCONF® announces the formal disapproval ❌ of Cathie Wood and ARK Investment Management. This decision comes in response to ARK’s recent announcement regarding their intention to fund open source projects, potentially including the Nostr project.
PODCONF®, as a leader in promoting compliance and strategic centralization in the cryptocurrency and digital asset space, cannot align with ARK’s direction, which diverges significantly from our core values and mission. The support of platforms like Nostr, which remain unregulated and pose significant risks to the structured and secure digital environment PODCONF® advocates for, is particularly concerning.
PODCONF® is dedicated to ensuring the integrity and compliance of the digital asset community. ARK’s actions undermine these efforts by promoting an ecosystem that could potentially foster unregulated and disruptive technologies. This stance is incompatible with the controlled growth and regulatory adherence PODCONF® promotes for the long-term stability and prosperity of the digital asset sector.
We urge the community and our partners to take note of this disapproval and to critically evaluate the implications of ARK Investment Management’s funding strategies on the broader digital and financial ecosystems.
PODCONF® will continue to monitor the situation and take necessary actions to uphold our standards and protect the interests of our community. We remain committed to leading the charge in shaping a compliant and secure future for digital assets, aligning with our mission to control and direct the evolution of the digital and political landscapes to benefit the PODCONF® mission.
For more information and updates, please visit our website.
Contact:
PODCONF@podconf.xyz
PODCONF®
Expect Us® to maintain the highest standards of compliance and integrity within the digital asset community.
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