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I read all 71 pages of the SEC complaint I read Ripple’s Wells Notice response There is only one outcome Ripple prevails and gains regulatory clarity for XRP as a currency One can only guess why the SEC pursued this. But it is clear that it was not for the stated reasons 💥
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We’ve seen the extent the banking incumbents have gone to kill the clarity act. The incentive for AI frontier’s to become a state protected incumbent duopoly are enormous.
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Is Jensen Huang the only sane CEO left in the AI space? American public getting played once again. The U.S. needs to officially change the tag line to: “Home of the Perpetual Psyop”
🚨 Jensen Huang Says Something Seems REALLY Off About the AI Labs’ Doomer Narrative JENSEN: “I really don't believe that they're building something they have no idea how to control. Their whole company is out of control…” ANDERSON: “So why are they saying this?” JENSEN: “You're going to have to ask them.” ANDERSON: “I've talked to Dario Amodei and he says this is what I think.” JENSEN: “It doesn't make any sense to me that he would be racing ahead, building more compute then.”
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A Dem win in November will be a disaster for innovation in the US. The proportion of which will set the country back decades.
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Was killing the Clarity Act a way to throttle back on AI? Hard not to be suspicious with the Dems poised to control the government.
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🚨SAMA ON THE LOOSE!!🚨
Sam Altman is warning the world about Sam Altman, and says we need to stop Sam Altman because Sam Altman can’t stop Sam Altman.
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The response to F·O·U·N·D·E·R·S blew past anything I expected. I made a Friends parody for the #XRP community and the community showed up like it was 1994❤️. Episode 2 is already in production. Stay tuned. And thank you @JoelKatz for pushing this out there. That's silly. …Go on😄
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My absolute favorite crypto OG is @giancarloMKTS. At age 67 is extremely knowledgeable about all things crypto, not just $BTC. He has me by 2 years, babyboomer, and ex regulator. Enjoy @paulbarron great interview. piped.video/5rW-Rj3kt7M?is=vRlp…
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“Tokenization is a freight train that will eat the entire financial system.” - Vlad Tenev, CEO Robinhood
Vlad Tenev said it on CNBC and again on our pod: tokenization is a freight train that will eat the entire financial system. Today, a stock, a building, a bond, and a loan are four different things held in four different systems. Tomorrow, they're the same programmable object on the same rails. Robinhood already has 200 tokenized stocks live, including SpaceX, which isn't even public. And AI agents on his platform are trading them right now. -- Every American child born since January 2025 gets $1,000 from the Treasury, invested automatically. 7 million accounts opened. -- Figure 3 walked into 30 strangers' homes it had never seen, made their beds, and folded their laundry. -- Treasury Secretary Bessent told the labs this week: "The one thing we should not do is give them a blank check on liability. They will be held responsible." -- Vlad also founded Harmonic, building a mathematical superintelligence to formally verify AI code.
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History will reflect on the courage, ethics and morality of these two American Hero’s. Chair @SECPaulSAtkins @SECGov Chair @MichaelSelig @CFTC
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😂 Six weeks to mid-terms and DEMs are scrambling for a platform.
Here's some unsolicited advice for my Democratic friends - in office and running. Think twice before hiring consultants who are cozying up to private equity, signing up to defend prediction markets, or telling candidates to not say what they actually feel about the big AI companies. A public backlash is growing against the predatory companies that try to erase our jobs and monetize everything not nailed down. They want leaders who are going to unapologetically fight back. Democrats should seize that humanist mantle. And it matters who we work with.
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🇺🇸BREAKING: Treasury Secretary Bessent declares the US will NOT take liability for AI labs. "Imagine these labs said there's a 10% chance of an extinction level event, then asked to take the liability off their hands. We will not do that." "These labs need to take responsibility for themselves. They can slow down anytime they want to."
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Weird how Democrats just realized they blew it. Zero of them voted yes on Clarity. Now their media friends are sprinting out hit pieces blaming Brian Armstrong (@brian_armstrong), Republicans, Trump, the moon, anybody but the senators who actually killed the bill. Cute. They spent a year at the table. Got 126 of their own changes. Then they voted no and outsourced the alibi. That’s not principle. That’s cover.
Punchbowl is a lobbying group disguised as journalism. This is controlled media running cover for clients.
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On September 15, the Senate failed to move the CLARITY Act forward. After over a year of negotiation and more than 1M contacts from advocates, the Senate walked away from clear rules millions of Americans needed. In November, remember who stood up for crypto—and who stood in the way.
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OpenAI: "My AI is more dangerous!" Anthropic: "No, my AI is more dangerous." OpenAI: "My AI will bring down the internet!" Anthropic: "Yeah? Well my AI will wipe out humanity!" What an absolute clown show it has been.
OpenAI and Anthropic oversold AI security breaches to pressure feds into protecting turf: insiders trib.al/Jo6xMk5
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Here is the White House staffer who was really running the Biden presidency via autopen. Neera Tanden. Nobody elected her. Most people don't even know her name. America is screwed if there is no accountability. This is one of the biggest scandals in U.S. history
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3M U.S. @standwithcrypto advocates have been paying close attention to who stands with them ahead of the Midterms. They contacted their Senators over 1M times for CLARITY, and are ready to bring that same level of dedication to the ballot box this November.
The 2024 election proved the importance of the crypto voter. @standwithcrypto is now much bigger, with over 4M members. Crypto voters will remember who stepped up and who didn't.
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That’s not enough $. Double it.
🚨Revenge spend: Following the demise of the Clarity Act, Fairshake is gearing up to make its biggest spend of the year: $30 million against Sherrod Brown as he takes another shot at returning to the Senate, where, if successful, he could reclaim his seniority and return as chair or ranking member of the Senate Banking Committee. First reported by the NYT and confirmed to me by a Fairshake spokesperson.
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Bravo! Onwards!
With 29 Yes votes Permission Delegation is now also in 2-Week activation on the XRP Ledger! ✅ Big enabler for institutions, get ready to see them come on chain on the XRP Ledger! What is this feature again? Permission Delegation is compliance & operations building block 🧵: - Asset issuers for stablecoins and RWAs need the ability to split roles (delegate) on the issuer account. E.g Compliance Team gets funds freezing role and the operations team can mint assets for customers, and ONLY that. They can't do anything else (!) while using their own XRP accounts instead of all of them sharing the keys to the main issuer. Large institutions need this ability. @rootveg444 explained very well how this looks like for the RLUSD team at Ripple. - We have also seen @HugoPhilion explain how Wormhole needs this feature so they can get a permission delegation for the RLUSD account to bridge back from ETH to the XRP Ledger, which in turn enables Flare to offer borrowing against your funds on the XRPL. - Other token issuers might also find it useful, you can delegate certain abilities to a new account and blackhole it after like @msvadari explained to cap asset supply without bricking the account. Very exciting feature!
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Nvidia’s Jensen Huang just called a spade a spade and let everyone know that this bulls*** A.I. doomer narrative is all about Anthropic and Open A.I. to not get sued into oblivion. As usual, just follow the money
NIK
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