The closest I’ve ever experienced to a real life Rainbow Road is Stardust Racers at night at Epic Universe in Orlando. The second-closest is Mario Kart at the same park.

Half-done is not all done. I’m not expecting Senate action on market structure before the fall. But passage is actually possible if unlikely given strong House vote of ~280.

Rumor around town is Trump is going to issue an Executive Order at GENIUS singing ceremony that Bitcoin sales aren’t covered by capital gains taxes.

Very happy to announce the release of our new market mapping survey; for the first time anywhere, we polled 4000 crypto users to get a comprehensive study of who crypto owners are, what motivates them, and what they believe.

Few forms of joy greater than surprising your 13 year old son with a Switch 2.

Little known fact: we’ve had the last cloture vote on Genius. At this point, all major votes (not on amendments) require just 50 votes I believe.

Not to be a downer, but while we over performed in cloture on GENIUS (gaining a few Dems like Hickenlooper and Kim while only losing GOPer Hawley and Blunt Rochester), we underperformed in both House AG and HFSC on Clarity. Odds of stablecoin legislation passing are 95%, odds of market structure passing are 20-25%.

Nice to see even anti-crypto push polls are starting to give results that match the positions that we crypto have. In all seriousness, DfP does great work, and I wish they’d asked hwo many voters own crypto.

I don’t think the messy Musk-Trump divorce is going to immediately impact crypto policy, if the second order effects could be bad. If Bannon regains sway and a prime perch next to Trump, the odds of a broad tech crackdown increases, and that could wrap in crypto.

At long last, a constructive article on Genius from the left! It: - notes stablecoins are useful and important - proposes some changes on issuance and oversight that aren’t inherently poison pills - actually seems to be concerned with how stablecoins work than that they will exist. The tragedy is it comes literally t... Show more

This is a bad idea that will at the very least cause some people to lose their homes on margin. It will end badly and probably with more regulations placed on crypto to restrict the industry’s future growth. Not everything needs to be available for 10x leverage.

This piece and others is being taken as gospel by a lot of Dems that are already skeptical of crypto. Go into the comments and you can literally find former Clinton and Obama Admin senior advisor Reed Hundt praising this as enlightening. Crypto has a very hard problem for the remaining skeptical Democrats: anyone in ... Show more

Words fail.