Ron Swartz

Crypto Enthusiast

[James E. Thorne @DrJStrategy]

When Team Warren Wins, US Innovation Loses.

Early indications are.

Senate Majority Leader John Thune’s decision to push the CLARITY Act vote back to September is, in substance, a fold, and it marks a clear win for Elizabeth Warren and the status quo. The progressive left anti innovation team wins again.

By allowing yet another delay at the very moment when the US should be locking in a coherent framework for digital assets, the Senate has signalled that preserving incumbent comfort still matters more than securing American leadership in the next monetary architecture.

Regulation should have been passed years ago. Instead, Washington chose to live in ambiguity, letting Warren and the bank lobby weaponise uncertainty, the SEC and the Fed went along for the ride, and now Thune is keeping the CLARITY Act stuck in procedural limbo.

With Thune’s postponement, it now looks like Team Warren and the status quo have prevailed: the bill drifts, enforcement fills the vacuum where law should be, and the result is that the US will not take a leadership role in crypto. Innovation moves offshore, another own goal by politicians, as the world moves ahead under clearer regimes while America leaves its own innovation stack trapped in a grey zone where the standards of future finance are written elsewhere.

In this fight, the Democrats have chosen to be anti‑innovation, defending yesterday’s institutions at the expense of tomorrow’s growth. The level of incompetence required to reach this point, an innovation superpower choosing delay and spite over strategy, is historic. Another own goal.

[Ron Swartz @ronswartz]

Can’t wait for my new Tempur-Pedic pillow to arrive! I just bought the pillow and sharing this post enters me into a #sweepstakes for a chance to win $2,500. Thanks #TempurPedic! https://t.co/DOzLVqJ42n #sweepstakes

[Ron Swartz @ronswartz]

Amazing !!

[Shruti @heyshrutimishra]

🔥 NVIDIA just shook the AI world at #CES2025!

NVIDIA CEO Jensen Huang JUST announced jaw-dropping breakthroughs.

Here are the top 15 key highlights you can’t afford to miss: (wait till you see #15): 👇

[Ron Swartz @ronswartz]

This is an intriguing example of using AI technology to increase operating efficiency using “elite teams” and leverage humans for strategic decision making.

[Heath Ahrens @heathahrens]

Wall Street's biggest nightmare just came true:

Elon proved that 80% of corporate jobs are unnecessary.

Not because humans are lazy.

But because he discovered a dark truth about modern companies that no CEO wants to admit:

[Brad Garlinghouse @bgarlinghouse]

This just in…we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first.

[Brad Garlinghouse @bgarlinghouse]

And it’s official - the interview I gave with @60Minutes about crypto’s fight for regulatory clarity in the US will air live this Sunday Dec 8 , and available here afterwards:
https://t.co/sH3VrUDmJq

[Ron Swartz @ronswartz]

@bgarlinghouse @thebearablebull xrp unleashed

[SEC Chair Gary Gensler Archive @GenslerArchive]

On January 20, 2025 I will be stepping down as @SECGov Chair.

A thread 🧵⬇️

[Rob Cunningham @KuwlShow]

XRP, 1,000 times faster and 1,000 times cheaper than #Bitcoin, when paired with @Ripple’s soon to be released #RLUSD Stablecoin, a tool our U.S. Treasury recently deemed a vital liquidity product backed by U.S. Treasury Bills, America and the world dodges economic chaos & destruction.

America faces an existential $36+ Trillion Debt Crisis that only logic, global collaboration, tecnology innovation and sound financial principles, can resolve.

A review of world history confirms that only Wars have been the segway that transitions our world from one dominant empire’s bankruptcy to the next “king on the hill.”

Before our eyes, a “Level Playing Field” is emerging and a global world war is being avoided.

H/T @XRPBags for this perfect video clip.

Cc: @CDM_PRESS @gatewaypundit @WSJ @BreitbartNews @nytimes

[Ron Swartz @ronswartz]

@KuwlShow @Ripple Rob, thanks for sharing your thoughts on this. I’ve been following @Ripple and its use of the #XRP coin for over 7 years, and I’m excited about how the combination of XRP and the #RLUSD stablecoin will transform the financial system and increase liquidity on a global scale!

[Ron Swartz @ronswartz]

@morpheuswhale done

[John E Deaton @JohnEDeaton1]

As I’ve said several times before, we’re headed off a cliff if we continue down the current path. Look, it comes down to basic MATH. If we cut every dollar of non-mandatory spending (i.e. discretionary spending), we still operate at a deficit. The reality is we can’t cut spending enough to make up the difference. Likewise, under our current system, we can’t tax enough to make up the difference. Hence, @ewarren’s one solution to every single problem we face, “tax the rich”, is mathematically impossible. In sum, we could raise taxes AND aggressively cut discretionary spending, but still operate at a deficit. We MUST grow the tax base by growing our economy, creating good paying jobs, lifting people out of poverty, and expanding the middle class. One way to accomplish this, is create and foster a pro-innovation, pro-entrepreneur regulatory environment, especially when it comes to energy transition, artificial intelligence, blockchain technologies, robotics, etc. You can do that and still protect consumers and end users from fraud and bad actors. We must cut unnecessary overly burdensome regulations that handcuff American companies and entrepreneurs. This applies when it comes to traditional industries. For example, in MA, we face a housing crisis but it takes two years to just pull the necessary permits BEFORE facing real governmental delays. 🤦‍♂️ Let’s not even talk about the current regulatory environment regarding non-traditional industries, like crypto.

When I debate @SenWarren soon, I’ll be bringing things like math with me.

[John E Deaton @JohnEDeaton1]

Massachusetts is now a BORDER STATE.

[Ron Swartz @ronswartz]

@GOPMajorityWhip @tomemmer @PatrickMcHenry @KamalaHarris Hopefully both parties grasp the gravity of the situation and commit to Amercia taking a leadership role in fostering innovation using digital assets and cryptos. There are ~100 Million crypto holders currently considering this issue when they vote in November!

[Ron Swartz @ronswartz]

@GOPMajorityWhip #FireGaryGensler @tomemmer @PatrickMcHenry Any update? How do we address the damage the SEC has caused to date? The U.S. is failing to establish a clear strategy for utilizing digital assets and cryptocurrencies. We are way behind our allies and the BRICS nations. Embarrassing!

[Ron Swartz @ronswartz]

I #StandWithCrypto. More than 600,000 people are already advocating for better crypto policy in America. Join the fight to receive email updates on crypto policy, invites to local events, and more. https://t.co/kalaiPvsnD

[Ron Swartz @ronswartz]

@BenArmstrongsX https://t.co/OevY7OboAQ

[Ron Swartz @ronswartz]

@Bitboy_Crypto https://t.co/OevY7OaQLi

[Ron Swartz @ronswartz]

@ChadSteingraber @digitalassetbuy https://t.co/OevY7OboAQ

[Ron Swartz @ronswartz]

@QeYcc @s_alderoty https://t.co/OevY7OboAQ