Reasoning by analogy actively leads to the wrong conclusion But that does not mean analogies are useless! Analogies should not be used to *predict the future * But they can be useful to understand the past

Congratulations Senator Hagerty! The GENIUS Act is the most consequential financial legislation since Dodd Frank Will alter the course of global capitalism for decades to come

At ~2:30 EDT today, President @realDonaldTrump will sign @SenatorHagerty 's GENIUS Act into law We @multicoincap - particularly our General Counsel @xethalis - have been working with dozens of lawmakers and their staff over the last year to get to this point. I'm honored to be invited to the Whitehouse today to join the President, @DavidSacks , @BoHines and so many others for this monumental occasion This is the most consequential financial legislation since Dodd Frank. GENIUS will have profound implications for US citizens, the United States's global interests, the crypto industry, and billions of people around the world USD is the greatest product in human history, and we will export USD to billions of people around the world using stablecoins on crypto rails 🇺🇸

Drift is one of the best venues for perp trading w/ cross margin where you don't need to sell your SOL to trade SOL perps We're actively talking to a ton of talented teams to build intuitive front-ends on our perp engine DM me if you're building something like this

It's truly extraordinary to see the US Congress come together in a very strong bi-partisan manner to deliver an enormously significant piece of legislation that will unleash American technology innovation to build the new internet financial system. Tomorrow will make history.

Genius leadership from @SenatorHagerty @SenatorTimScott @SenLummis @Sen_Alsobrooks @SenGillibrand. Clear leadership from @RepFrenchHill @CongressmanGT @RepBryanSteil @DustyJohnson @GOPMajorityWhip. Thank you @SpeakerJohnson and @LeaderJohnThune for shepherding. 🇺🇸

Drift is on the verge of shipping so many cool things: 1) isolated perp positions in a single sub account 2) CU optimized MM oracle for AMM 3) builder codes 4) new mobile web app for phantom, solflare, backpack users 5) take profit/stop lose improvements 6) DLP LFG

making traditional PWM irrelevant

the most low key interesting thing I've seen in the new @base app is stablecoins for Mexican Pesos (powered by Brale) and Turkish Lira (not clear who is powering this)

SwQOS rate limits in agave are going up in 2.3, which I expect to increase overall REV. Not as good as getting rid of swqos, but a great start!