Reid C

Craziest homepage ever pierre.co. 🔊

If we learned anything from past cycles, top signal is when Canadian pension funds pile on.

One way to look at an AI-centric future is that owning AI stocks is like UBI

Lol

Crypto is basically “streaming finance”. Just as Spotify or Netflix innovated a new distribution model for music and movies, which was dismissed, fought, and finally accepted by incumbents and gatekeepers, so is crypto via tokenization.

Gerrymandering finally getting national attention is a very good thing. One of the most warping, pernicious parts of our democratic system. Eliminating it would bring forward much more representative and fairer politics.

Meta’s Oakley glasses will be the end of “no photo” signs everywhere

It is astounding to me that Alexa is still so bad. Seems like one of the biggest fumbles, having already trained users to speak to a device.

Crypto’s big bang will revolutionise finance The more useful stablecoins and tokens prove to be, the greater the risk

www.economist.com/finance-and-...

“Some of the most transformative innovations in modern finance simply changed the way in which assets are packaged, sliced and reconstituted—the elf, the eurodollar and securitised debt.”… “the view that crypto has not produced any innovations of note can be consigned to the past.”

Crypto’s big bang will revolutionise finance The more useful stablecoins and tokens prove to be, the greater the risk

Another day, another take down article for crypto…. Double speaking doomsday headline aside, the Economist now seems to get it: Tokenization, starting with stablecoins moving to funds and now public and private equities, reveal the disruptive potential and usecases of crypto’s superpowers.

Icarus is an incredible documentary. There is a non 0 chance that no records are broken at the enhanced games.

Great news to see law written to regulate crypto well.

Crypto Industry Reaches Milestone With Passage of Genius Act After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.

Breaking News: The cryptocurrency industry reached a major milestone as Congress cleared legislation outlining the first federal rules for stablecoins, a popular form of digital currency.

With the GENIUS + Clarity Acts, tokenized T-bill funds like Superstates' $USTB are poised to become the gold standard collateral for compliant, transparent, and safe stablecoins.  TradFi rails, Crypto speed.

What makes USTB unique?  
➕ 100% short-term U.S. Treasuries held at a custodian 
➕ Same-day to T+1 liquidity, no lockups
➕ No cash or credit exposure  
➕ Ideal from a collateral quality standpoint

That means private tokenized funds like $USTB, which hold only short-dated U.S. T-bills and settle on-chain (e.g., via Ethereum), can qualify—as long as:

✅ Issuer is regulated (state/federal trust)  
✅ Collateral is verifiable  
✅ Reserves are 1:1 and segregated

Stablecoins are required to be backed 1:1 by high-quality liquid assets like

➕ USD Cash
➕ U.S. Treasuries (<93 days maturity)
➕ Repo backed by Treasuries
➕ MMFs investing in the above
➕ Tokenized representations of these assets (if compliant)

USTB Fund The Superstate Short Duration US Government Securities Fund (USTB) offers Qualified Purchasers access to income from short-duration Treasury Bills, with continuous pricing and minimal fees.

The GENIUS and Clarity Acts just passed the House. It's a new dawn for stablecoins, crypto, and finance. This is also incredible news for eligible collateral, including tokenized RWAs like Superstate's $USTB

superstate.com/ustb

There are still more red tape and systemic issues to resolve but this is a very good leap forward by @governor.ca.gov

But also allows for expression of individual independence, particularly with personal fireworks displays that pretty much everyone enjoys and no one reports. A great day every year. 🎆🇺🇸🎇

The Fourth of July is such a great holiday - while a celebration of independence, it’s really almost the only time >95% of America is on the same page. Flags, parades, burgers, ice cream, fire works.

Instead of fireworks, rapidly disassembling on-schedule, over the national mall this year, Elon Musk will launch a starship.

Tokenizing assets so that they have the superpowers inherent to blockchains while also maintaining compliance for broad access will be wildly more valuable to investors.

Crypto ETFs are very v1. Adding staking, baskets, weighted index, or defi yield will rapidly enhance yields (and risk). But these are still derivatives and wrappers, stripped of the superpowers of crypto.

YouTube video by Interesting Times with Ross Douthat A.I., Mars and Immortality: Are We Dreaming Big Enough? | Interesting Times with Ross Douthat

youtu.be/vV7YgnPUxcU?...

Regardless of your options of letter theirs, this is an interesting interview that I think humanizes him.

I’m honestly shocked we haven’t seen a San Andreas fault sized schism between populists and privatizationists crack party politics yet.

Recent RWA, tokenization announcements and discussions of those are drilling into core issues, sometimes getting 🌶️, but very much pushing the whole industry to clearly understand what ABC is and isn’t, how it works, and what its limitations are. Great to see in realtime.

“Just put it in the black box I built, get the answer, pay me, and move on, thanks”. Many will fail due not for bad product but poor customer service and lack of empathy.

Have to say that some of this vintage of startups in AI are wildly more arrogant than prior years/cycles. Just total disregard for the customer and their problem/struggles, replaced by frustration and an indifferent yet bemused attitude that everyone should just able to solve the problem with AI.