Joined May 2011
184 Photos and videos
Rhett Shipp retweeted
You retards spend $7 trillion a year, why haven’t you solved all these problems already?
Brad, a 5% tax on Elon's trillion net worth would literally pay for free college and trade school for every American. And with the market's growth, he still would be worth over a trillion dollars! You don't think that's worth it?
Community note
5% of $1.2T is $60b. 8m students in BA/BS programs on average pay over $20k/yr, or ~$160b/yr for BA/BS degrees only. That tax could not cover even half of only US bachelor degree costs for just 1 year, excluding grad, ass., or trade degrees totaling another ~10m students. nces.ed.gov/programs/coe/i… bestcolleges.com/research/colle…
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Rhett Shipp retweeted
I know how Elon Musk became a trillionaire. What confuses me is how Bernie Sanders bought three houses on a senator’s paycheck.
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Socialism is just a euphemism for totalitarianism. Couple it with max virtue signaling to distract from the facts Capitalism is just freedom
Almost all virtue signaling is anti-signaling The “we’re so righteous we want to steal Elons property and do good” coming from @BernieSanders @SenWarren @RoKhanna is a mask for totalitarianism
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Almost all virtue signaling is anti-signaling The “we’re so righteous we want to steal Elons property and do good” coming from @BernieSanders @SenWarren @RoKhanna is a mask for totalitarianism
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. @DarioAmodei @AnthropicAI: “the surveillance state is evil, unless we’re the surveillance state”
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Rhett Shipp retweeted
One of the great things about the SpaceX IPO is that Gwynne Shotwell is now a billionaire. She’s earned it.
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Rhett Shipp retweeted
This whole thing is a miscommunication Dario only meant that the government should block his competitors
Dario (48 hours ago): “US gov should be able to block model deployment” USG: *export controls models* Dario: “not like that”
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This can't be emphasized enough - wealth taxes basically say "if you ever build something valuable, it's illegal for you to own it"
When politicians say they want to seize/tax "wealth" but actually mean "shares in your own company that you yourself founded", the real point is making it impossible for anyone to actually control their own company for more than a decade. They won't let you stay, either.
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Rhett Shipp retweeted
If the socialists had their way, Elon would have had his paypal profits taken and redistributed for the greater good. The world would never have seen Tesla, nor SpaceX. And the world wouldn't know it, because they were uncreated, and thus unseen. Imagine the companies that don't exist, because Washington destroyed them before they were born.
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Rhett Shipp retweeted
When politicians say they want to seize/tax "wealth" but actually mean "shares in your own company that you yourself founded", the real point is making it impossible for anyone to actually control their own company for more than a decade. They won't let you stay, either.
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Rhett Shipp retweeted
If I had Musk's trillion, I'd actually spend it on something useful, like developing reusable rockets to make space travel cheap instead of just hoarding it all.
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Rhett Shipp retweeted
Why would an asset issuer bother tokenizing? @rleshner breaks down 3 real benefits: 1. A whole new investor base that strongly prefers tokens over spreadsheets 2. Tokenized securities are incredible DeFi collateral, less volatile than most crypto-native assets onchain 3. All the advantages you inherit with 24/7, permissionless, composable DeFi protocols Hundreds of trillions in potential TVL lives off chain...
🎙️ New @Edge_Pod 🌉 How @SuperstateInc Is Building The Bridge Between $700 Trillion In TradFi and DeFi 0:00 - Intro 1:58 - What tokenization actually means? 3:41 - Tokenization is the evolution of DeFi 7:42 - Why Robert built Superstate 12:49 - Benefits for tokenized asset issuers 18:34 - How Superstate tokenized funds work 23:13 - Magic of automation in DeFi 26:28 - Straddling DeFi and compliance 30:02 - Regulation CLARITY Act 39:36 - Categories of tokenized securities 41:26 - Differentiators for Superstate 44:57 - Tokenization's hockey stick moment 48:12 - Endgame is primary issuance onchain 49:16 - Closing 🙏 Thanks to @SuperstateInc Founder & CEO @rleshner for joining us!
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Rhett Shipp retweeted
Replying to @GavinNewsom
There are over 4,000 SpaceX employees that will become millionaires as a result of this. Your state is one of the most unaffordable and has some of the worst wealth inequality in the nation. The system isn’t rigged. You’re just a manipulative idiot.
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Rhett Shipp retweeted
Replying to @bourscheid
No, you don't get it. He does not have $1 trillion sitting in cash, it is 99% stock in his companies. To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined. Okay, but now Elon has $100b in cash, and can "solve the world's problems". $100b divided by the world's 8 billion people is $12 If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation. But everyone on earth could have one nice meal and you could revel in your altruism.
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Rhett Shipp retweeted
Weekly MAX-asset Update: $avUSDx: 🔹 APY: 13.80% (🔼0.46%) 📊 TVL: $16.35M $avBTCx: 🔹 APY: 6.45% (➡️0.00%) 📊 TVL: $1.02M $avETHx: 🔹 APY: 8.91% (🔼0.81%) 📊 TVL: $1.61M Earn Smarter with Avant.
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Rhett Shipp retweeted
The most overlooked market on Royco. Senior savUSD from @avantprotocol. Hard to find a better risk-adjusted yield onchain right now. Worth a closer look.
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Rhett Shipp retweeted
Senior savUSD on @roycoprotocol — one of the most overlooked risk-adjusted setups onchain. Our Junior tranche already covers senior holders ~20%. Royco's super-senior adds another 20% minimum on top. ~8% APY, two coverage layers deep, leading onchain on risk-adjusted yield.
The most overlooked market on Royco. Senior savUSD from @avantprotocol. Hard to find a better risk-adjusted yield onchain right now. Worth a closer look.
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Rhett Shipp retweeted
Jun 11
The first product in the Ethena ✦ Coinbase collaboration is now live. The @SteakhouseFi High Yield Vault has officially launched on @Coinbase, powered by USDe on @Morpho. Coinbase's user base now has access to a best in class savings rate through the vault, live in the Coinbase App for users in the U.S. and abroad.
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Rhett Shipp retweeted
A look at the spread. Up to $85M as we continue momentum through the week. Vault by vault. Choose wisely, choose Alpha.
Another hurdle cleared on the road back towards $100M. Onwards we go. Vault by vault. Thanks as always to our partners as we continue to grow!
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Rhett Shipp retweeted
Glad to see savUSD live as collateral in the Clearstar Reactor vault on @berachain's Bend. $HONEY depositors get yield sourced from savUSD's adaptive, security-first architecture, transparent by default, multi-layer loss protection underneath.
$HONEY I'm home. The Clearstar Reactor vault is now live on @berachain’s Bend. Users can deposit $HONEY and earn yield from lending against @noon_capital sUSN and @avantprotocol savUSD, plus incentives.
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