Gary

Crypto / Art

[Gary @_garydm]

It’s kind of like when the end of the Ripple SEC case marked the literal top of the last cycle, does the failure of Congress to pass the Clarity Act before summer recess mark the literal bottom?

🧐

[Gary @_garydm]

@BCBacker we hit our on-chain losses now for #XRP?

[XCOPY 🏴 @XCOPYART]

Blown away by this collection! It's an honour to see my art mashed up and regurgitated into certified bangers. Huge thank you to all the artists involved! 🙌

[Gary @_garydm]

@Arctefact_NFT @LukiTo59074507 @manifoldxyz @shape Am I correct that you can rip at any time in the future if you don’t rip immediately?

[Gary @_garydm]

@JohnEDeaton1 @EdMarkey You go Deaton 👏

[Brad Garlinghouse @bgarlinghouse]

Rare moment where my professional and personal worlds collide: XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater.

XRP Family, meet the Jayhawks. Rock Chalk!

[Nuclear Samurai @nuclearsamurai]

Gm,
I gotta be real I haven’t been sleeping much since Friday. Every time I do sleep I wake up to see the community is even more bullish on BRAINROT.
I just want to say, truly humbled by the love for the art. It’s been absolutely incredible seeing this cook.

[Gary @_garydm]

@ZssBecker ALT SZN ???

[Gary @_garydm]

@ClaireSilver Sorry for your loss 🐾

[Mastercard @Mastercard]

Today, Mastercard, @OndoFinance, Kinexys by @JPMorgan, and @Ripple successfully completed a landmark transaction connecting a public blockchain with interbank settlement rails.

Together, we’re laying the groundwork for 24/7 global markets that never close.

[David 'JoelKatz' Schwartz @JoelKatz]

One last point that I don't make often enough:

We carefully and intentionally designed XRPL so that we could not control it. It's not because we weren't 100% confident we were the very smartest and very best people who could always make the very best decisions. We were confident we were and that we could. We did not lack ego.

But what we also knew was that given the regulatory environment and practical realities of being a company and having investors, there was simply no way we could be assured that we were in control over our own actions.

Ripple, for example, has to honor US court orders. It cannot say no. I think US courts are great and generally issue orders that make sense for good reasons. But could a US court decide that international comity with an oppressive was more important than XRPL or Ripple? We were quite concerned that could come down either way.

We absolutely and clearly decided that we DID NOT WANT control and that it would be to our own benefit to not have that control.

We always want people to trust us. People trusting me is all upside for me. I want as much of that as possible. So does Ripple. But people *having* to trust me or Ripple or anyone else to use XRPL is all downside for us. We knew very early that we wanted as little of that as possible.

We designed it so that we could not own or control it because that was the only way to ensure that nobody could own or control it.

And think about it. Say Ripple could censor transactions or double spend. If we ever did that, all trust in XRPL would be destroyed. It would never make sense for anyone to use that power. And the best way to be able to say "no" is to have to say "no" because you cannot do the thing asked.

Our entire objective in designing the consensus model was to limit its power, for selfish reasons at least as much as noble ones. And the design reflects those objectives.

[beeple @beeple]

NEXT UP: ALIENS !!

[Gary @_garydm]

@BCBacker Nice BCB. I couldn’t agree more glad to see you representing your principles as always.

[Blockchain Backer @BCBacker]

I donated to John’s campaign. Wonderful man who has helped thousands in crypto, who is running for Senate.

https://t.co/hQbNBqBhQh

[Gary @_garydm]

GM

[David 'JoelKatz' Schwartz @JoelKatz]

So true LMAO

[Schmrypto ☎️ @schmrypto]

Smoke Break

[Gary @_garydm]

@EleanorTerrett @BankingGOP @a16z @circle @krakenfx @DigitalChamber Unfortunately I’m sure the Senate have found a way to protect the Bank lobby and screw the crypto companies and American people in this bill. The people need financial freedom, TradFi is not the future for free people.

[Gary @_garydm]

@Hans4488 @nuclearsamurai I recognize that one 😜