Hamp Phil

[Max Keiser @maxkeiser]

Gold, Silver, Platinum & Bitcoin are all being pulled off exchanges as we countdown to the B𝐎N𝐃P𝐎C𝐀L𝐘P𝐒E ‼️

[toly 🇺🇸 @toly]

Rapidly accelerating baby steps

[Ndubuisi Ekekwe @ndekekwe]

The next layer of finance at scale: "Robinhood stock surged 10% on Monday to reach an all-time high after the trading platform announced its entry into tokenized private equity, offering users in the European Union access to shares of OpenAI and SpaceX."

Yes, Robinhood is offering tokenized shares of OpenAI and SpaceX to European users through its crypto platform, making these private company equities accessible through blockchain technology. This allows users to own fractional shares of these companies, which are not publicly traded, through tokens on Robinhood's EU crypto app. The tokens are distributed via Robinhood's custody wallet and are part of a broader expansion of their crypto offerings into Europe.

Robinhood is acquiring shares of private companies, such as OpenAI and SpaceX, directly from existing shareholders or through special purpose vehicles (SPVs) created for this purpose, according to AInvest. 

Here's a breakdown of how Robinhood is likely sourcing these shares:
Existing Shareholders: Robinhood may purchase shares from employees, early investors, or other individuals holding equity in OpenAI and SpaceX, according to CNBC.

Special Purpose Vehicles (SPVs): Robinhood could establish SPVs specifically to acquire and hold shares of these private companies. SPVs pool capital from investors and acquire shares, streamlining the process for Robinhood, AInvest reports.

Direct Purchase from the Company: In some cases, Robinhood may purchase shares directly from the companies themselves, though this is less common for private companies.

Tokenization Process:
Share Acquisition: Robinhood or its SPV acquires a quantity of shares in OpenAI and SpaceX.

Token Creation: The acquired shares are then tokenized, creating digital tokens representing fractions of the shares.

Token Distribution: These tokens are distributed to Robinhood's EU customers, allowing them to invest in these previously inaccessible private companies, says CNBC https://t.co/CjQUIbbN4R

[Arthur Hayes @CryptoHayes]

Serious pain is in store for the fugazi fiat system as the USD carry trade unwinds globally. Don’t worry the Sackler family has respawned as a central wanker banker ready to supply monetary opioids to make the pain stop. Bless up to Lord Satoshi for the $BTC antidote.

[Elon Musk @elonmusk]

As goes Norway, so goes the rest of the world.

Combustion engine cars will be like the steam engine – quaint, but primitive.

[Michael Saylor @saylor]

When I first decided to get irresponsibly long Bitcoin.

[Linda Yaccarino @lindayaX]

The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow. - William Pollard

[zerohedge @zerohedge]

There hasn't been a red July in the past decade

[Ansem @blknoiz06]

robinhood delisted solana from their platform at $14 two years ago and now users can stake their solana directly on the platform at $157

[Elon Musk @elonmusk]

Grid-scale battery packs allow greater use of existing power plants by storing energy during low demand times and releasing when demand is high

[DEGEN NEWS @DegenerateNews]

NEW: AXIOM FLIPS HYPERLIQUID IN 24H REVENUE

[Elon Musk @elonmusk]

Physics sees through all lies perfectly

[mert @mert]

Solana is taking on the NASDAQ to become the internet's market

this is difficult — but necessary for the future of the internet, markets, and ultimately capitalism

our job at @heliuslabs is to accelerate this vision — I am hiring:

- sr/staff backend engineers (rust)
- BD
- product
- developer relations
- random role that you think we need but don't know yet

DM me img of your resumes or get a warm intro to apply

[mert @mert]

few crazy facts about Solana's new consensus protocol

- finality gets 100x faster (just 100ms), this is the fastest for any L1

- shred propagation takes only 20ms!! meaning faster pre-confs and advanced trading

- votes are removed so validator profitability increases + TPS

[Tesla AI @Tesla_AI]

https://t.co/KwEiM4A4yg

[Tesla Europe, Middle East & Africa @teslaeurope]

If you have a Tesla, you’ll never have to get into a hot car ever again

Can just cool it down remotely via the Tesla app before even leaving the house

[Peter Schiff @PeterSchiff]

@elonmusk Thank you, Elon. I wish you luck, but it's easier said than done. The system is really rigged to protect incumbents. So by all means try, but if you fail, I hope it's not the last thing you do on Earth. Your work is too important to the planet—and the U.S. in particular—to stop.

[Elon Musk @elonmusk]

Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!

And they will lose their primary next year if it is the last thing I do on this Earth.

[Elon Musk @elonmusk]

If this insane spending bill passes, the America Party will be formed the next day.

Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE.

[The Rabbit Hole @TheRabbitHole]

We need to, at the very least, get to a point where we are breaking even. Having such a massive deficit is unsustainable.