Dr. Hoke

I intend to live forever. So far, so good.
Finance & Markets | TheSystem
TA Charts + Macro Opinions Longevity investor
NOT financial advice

[Dr. Hoke @Hokiestrider]

https://t.co/tJ3JIyWCvB

[Selene @AlgoPear]

INTERGALATIC GAINS INSTORE FOR #XRP HOLDERS 🔥

LISTEN CLOSELY FAMILY AS CURRENT RIPPLE ADVISOR AND CURRENT DTCC CHAIR SPEAK ABOUT TOKENIZATION ON CHAIN, AND HOW IMPORTANT REGULATIONS ARE FOR TOTAL BLOCKCHAIN ADOPTION! BANG! 🚨

WE ARE CLOSER 🚀

[Pumpius @pumpius]

🚨 THIS COULD BE JP MORGAN’S BIGGEST NDA-LEVEL MOVE ON XRP YET.

JP Morgan is building the biggest thing in crypto right now and it connects straight to the XRP Ledger.

No, this is NOT the Ripple + JP Morgan Kinexys tokenized Treasurys pilot.
JP Morgan just dropped a massive private Web3 digital identity framework: self-sovereign, user-owned data control where people actually own and control their identity.

Right now @DNAOnChain is building EXACTLY that on the XRP Ledger with zero-knowledge proofs.

Private Identity. Institutional Credential System.

Pair it with XRPL’s upcoming private balances and confidential transactions…
Jamie Dimon has said for years that no serious bank or institution will fully touch blockchain without real privacy.

This timing feels like pure NDA-level coordination.

JP Morgan’s private Web3 identity project just aligned with the XRP Ledger.

They’ve been sitting on what could be the biggest institutional play in crypto history.

THIS CANNOT BE A COINCIDENCE.

The project is still in confidential presale. The alignment is too perfect ��
https://t.co/usoAyZ3GRk

BOOKMARK THIS. YOU WERE HERE FIRST.

[Dr. Hoke @Hokiestrider]

Scott Bessent’s Treasury “Market Craft” explained to a 7 year old:

Imagine the United States is like a giant lemonade stand that owes a lot of money to people who lent it money to buy lemons and cups. Every month the stand has to pay those people interest (like extra lemonade money).
Scott Bessent is the guy in charge of the money for the lemonade stand (he’s the Treasury Secretary). The problem is that the interest rates on that borrowed money are getting higher and higher, which makes it harder and more expensive for the stand to keep going. So he’s using some special tools to try to keep those interest rates from going too high.
Here’s what he’s doing, explained super simply:
1. Buying back some of the old “IOUs”
The lemonade stand sold a bunch of paper promises (called bonds) that say “we’ll pay you back later, plus interest.” Some of those promises are for a long time from now (10 or 30 years). When too many people try to sell those long-term promises at once, the price drops and the interest rate goes up.
Bessent is saying, “Okay, the stand will buy some of those long-term promises back itself.” He just doubled how many the stand will buy (and said he might buy even more). It’s like the stand saying “I’ll take those papers off your hands so the interest rate doesn’t keep climbing.” That helps keep the monthly interest payments from getting crazy expensive.
2. Helping Japan’s money stay strong
Japan is the lemonade stand’s biggest foreign friend who owns a ton of those paper promises. Japan’s own money (the yen) was getting weaker, so Japan might have had to sell its American paper promises to fix it. That would make American interest rates go even higher.
Bessent stepped in and helped Japan buy its own money to make it stronger. That way Japan doesn’t have to dump the American paper promises, and the lemonade stand’s interest rates stay calmer.
3. Making special digital dollars (stablecoins)
There’s a new law called the GENIUS Act. It lets companies make digital pretend-dollars (called stablecoins) that always stay worth exactly one real dollar. But to make those digital dollars safe, the companies have to hold real American paper promises or real dollars as backup.
More digital dollars means more people need those paper promises as backup. So demand for the lemonade stand’s paper goes up, which helps keep interest rates lower and makes the American dollar even more important all over the internet.
4. Keeping some digital gold (Bitcoin)
The lemonade stand has also been collecting Bitcoin that bad guys had to give up. Bessent is saying “We’re going to keep that Bitcoin as a special treasure chest instead of selling it.” Bitcoin is like digital gold — it can sit next to the regular dollars and help the whole system feel safer in a digital world.
The big picture
Normally the Federal Reserve (the other money adults) is the main one who tries to control interest rates. Bessent is using the Treasury’s own tools more actively so the lemonade stand itself can help keep the interest rates from getting too high while the country has a lot of debt. At the same time he’s building a stronger digital version of the American dollar so it stays the most popular money in the world, even online.
That’s the simple version of what he’s doing right now.

#Bessent #Stablecoins #Bitcoin

[Vincent Van Code @vincent_vancode]

Another great XRP graphic to show you what is REALLY going on.

Take a look at the Larege order buys, 53% of all transactions were LARGE, medium 35%, and small only 12%.

This tells us retail is not the driving force of this rally.

This is great news.

[Matt Van Swol @mattvanswol]

🚨OH MY GOSH!!!!

A man who K*LLED his own landlord was just allowed to walk out of a Virginia mental facility on a "weekend pass"...

...and used it to board a ONE-WAY international flight out of the country.

He is GONE. And he is not coming back.

His name is Abdulloi Toshpulodzoda.

Back in 2019, police say he k*lled his landlord. When investigators showed up, they found him covered in blood.

He was found "not guilty by reason of insanity" and committed to the Northern Virginia Mental Health Institute in 2022.

Under Virginia law, that facility was allowed to hand this man UNESCORTED weekend and day passes. No guard. No escort. Just... go, and please come back.

A FREAKING K*LLER ON THE LOOSE!!!!!!

So on July 6, he took his little weekend pass, drove to Dulles Airport, and boarded a one-way flight to Tajikistan.

Someone even bought his ticket for him. In his name. With a window seat.

It gets worse.

The prosecutors had actually OPPOSED letting him out in June. They warned it was a public safety risk. But they say once it's out of court, they have NO say in what the facility decides.

So the people whose JOB is public safety said "no"... and a mental health facility overrode them and gave a blood-soaked accused murderer a pass to leave.

And the cherry on top? Prosecutors didn't file to get a cross-border warrant until August 5th.

A FULL MONTH after he was already gone!!!!

He's now in a country with no extradition.
He is never seeing an American courtroom again.

An accused m*rderer just escaped justice completely... because a bureaucracy gave him a weekend pass and nobody stopped him.

WE DO NOT HAVE TO LIVE LIKE THIS!!!!!!!

[Vet @Vet_X0]

XRP is the native bridge asset of the XRP Ledger. This is a live look of the last 72h on the XRPL DEX of trades going through XRP.

It's a protocol native functionality doing this by default. The XRPL routes automatically DEX offers through $XRP if it improves the trade quality.

2 things are interesting here.

1) Because the XRPL DEX is native the protocol captures activity at scale much better than fragmented smart contract DEX's, through auto bridging for the long tail of assets. You simply operate always on the same DEX and that aggregates liquidity and trades.

2) The current usage is 0.16% of DEX trades in the last 72h.

For someone like myself who sees huge potential for the protocol and especially optimized trade quality by going through XRP on the DEX at scale when this number is double digits this is an exciting outlook to work towards.

[Dr. Hoke @Hokiestrider]

Hey! I’ve been using Stash to invest—they provide expert guidance and tools to put your money to work effortlessly. Here’s a link to get $30 to invest when you join and deposit at least $5. Make sure to claim before it expires! https://t.co/Q8ZzuLRP1X

[Dr. Hoke @Hokiestrider]

@JustTheNews didn't they just take that down?

[Dr. Hoke @Hokiestrider]

I love a good home cooked food photo. So I’m gonna start posting some of mine here too. #homecooking #dinner

Pan-seared duck breast with crispy skin, finished with a Malbec-orange pan sauce. Served with blanched and pan-blistered burgundy green beans and smashed fingerling potatoes, both from the garden. #duck

[Dr. Hoke @Hokiestrider]

@newstart_2024 Sous vide is THE way to go. Way shorter time, better results, not as wasteful and easy.

[Dr. Hoke @Hokiestrider]

👀Hum... I smell change in the air

[CryptosRus @CryptosR_Us]

JUST IN: 🇺🇸 BITCOIN & CRYPTO FIRMS CAN NOW APPLY TO BECOME NATIONAL BANKS

The OCC says digital asset companies should have a path to federal bank charters.

BIG shift for crypto banking in America 🙌

[Dr. Hoke @Hokiestrider]

Hell yeah, I knew they can’t even slow it down now. Ball is already rolling.

[Bull Theory @BullTheoryio]

BREAKING: 🇺🇸 SEC is set to begin its first major crypto rulemaking process this week as the Senate has failed to pass the Clarity Act before the August recess.

The SEC will meet on August 14 to propose “Regulation Crypto.”

The proposal could create a legal path for certain digital asset offerings and allow crypto firms to raise capital without triggering SEC registration requirements.

[The Boring Company @boringcompany]

Prufrock builds tunnel rings fully autonomously.

Six concrete segments (~3,750 lb each), are lifted, translated and placed into final position.

That's the weight of a Tesla Model 3, placed with millimeter precision in < 1 minute, monitored remotely from the Global OCC in Texas.

[Dr. Hoke @Hokiestrider]

very true

[doncrypto @DonCryptoDraper]

+ crypto. Literally true😢

[Dr. Hoke @Hokiestrider]

@KobeissiLetter because of "per WSJ", you should assume everything in-front of it is BS.

[Eleanor Terrett @EleanorTerrett]

🚨NEW: Majority Leader Thune filed cloture on the motion to proceed to the Clarity Act.

It will be voted on by the Senate after they return at 2:15 PM on Tuesday, September 15, as agreed to by the Senate this morning.

[John Squire @TheCryptoSquire]

I just got out of surgery, and one of the first things I’m told is that the Senate is postponing the vote on crypto market structure legislation until after the summer recess.

I’m shocked.

And I’m genuinely VERY FUCKING ANGRY.

I’m shocked because the United States is supposed to be the most powerful country in the world, and yet, when we’re talking about one of the most important technological and financial revolutions of our generation, America is still incapable of providing something as basic as regulatory clarity.

Not because the technology isn’t ready.

Not because the industry isn’t ready.

Not because American companies aren’t ready.

Because WASHINGTON isn’t ready.

Politicians have spent years arguing, negotiating, delaying, rewriting, and turning something that should be about America’s economic future into another endless political battlefield.

Meanwhile, the rest of the world keeps moving forward.

And I’m angry with President Trump too.

I simply cannot understand how a president who constantly talks about making America the crypto capital of the world can allow the Senate to go on vacation while leaving this job unfinished.

Leadership isn’t just about giving speeches.

Leadership means getting things DONE.

So please, don’t come to me tomorrow with speeches about China winning, China moving ahead, or America needing to dominate the future.

You can’t complain about losing the race while your own politicians are still standing at the starting line arguing about the fucking rules.

PASS THE LAW.

Then talk to me about beating China.

And John Thune?

As Senate Majority Leader, leadership means taking responsibility when the Senate fails to finish important work.

If senators can leave Washington while regulatory clarity remains unresolved, people have every right to ask what the Senate leadership’s priorities really are.

The work was on the table.

The industry was waiting.

The world was watching.

And they chose RECESS.

That’s what people will remember.

Elizabeth Warren has spent years being one of Washington’s toughest critics of the crypto industry.

Fine.

Debate it.

Challenge it.

Demand safeguards.

That’s democracy.

But there comes a point when endless obstruction and political warfare stop protecting Americans and start preventing America from competing.

You can’t stop the future because you don’t like where it’s going.

The future isn’t going to ask Washington for permission.

It will simply move forward WITHOUT WASHINGTON.

And yes, Brian Armstrong and Coinbase deserve criticism too.

When Coinbase withdrew its support for the Senate’s crypto market structure bill earlier this year because it believed the legislation had serious flaws, it dramatically changed the political momentum of the negotiations.

Maybe Coinbase thought it was protecting the industry from a bad bill.

But decisions have consequences.

When you have enough influence to stop something, you also have to accept the responsibility that comes with using that influence.

And today, we’re still waiting.

Everyone involved should look in the mirror.

Republicans.

Democrats.

Senate leadership.

The White House.

Industry leaders.

ALL OF THEM.

Because while Washington argues over who gets to claim the political victory, other countries are building regulatory frameworks, attracting capital, encouraging innovation, and preparing for the next generation of finance.

And here’s what REALLY PISSES ME OFF:

America has the talent.

It has the capital.

It has the companies.

It has the developers.

It has the technology.

It has the opportunity.

IT HAS EVERYTHING.

And yet, once again, politics threatens to turn a historic advantage into a wasted opportunity.

That is unforgivable.

America does not have unlimited time.

Capital moves.

Companies move.

Talent moves.

Innovation moves.

And when they leave, they don’t always come back.

You can’t call yourself the crypto capital of the world just because you say it in a speech.

[Dr. Hoke @Hokiestrider]

@pumpius Buy crypto

[Dr. Hoke @Hokiestrider]

I know they are aware of it, it’s big legislation. I was curious if they are going to do more in-depth explanation. We got the Genius Act being implemented currently with tokenization, the Clarity Act is being worked in the senate. However we are behind the rest of the world on this. EU and Russia have already passed an equivalent. Seems pretty important for our place in the world.