Indiana just opted to fully reopen in a Stage 5 return to normalcy
Stage 5 dictates:
• Restaurants, bars, and nightclubs may operate
at FULL capacity
• Conventions, sports events, fairs, festivals and like events may resume
Indiana's positivity rate at last clip was 3.9%.
Keep in mind that New York has held under 1% for more than a month and has STILL not yet allowed indoor dining in NYC to resume (resumes September 30)
Even Florida, with a similar 5% positivity rate, kept bars at 50% occupancy
And even medical experts in Florida weren't pleased with bars reopening at 50% capacity for the same reason reopening clubs in Indiana seems like a bad idea:
"Drunk people don't social distance."
This pandemic and the response to it cannot continue to be a political issue. I'll continue to have science based discussions on my show without getting into politics - but even @GovHolcomb declined our invite to explain his reopening decision
NEW: The Senate is expected to vote tonight on the massive Genius Act Stablecoin Bill
It could unlock the biggest wave of capital to ever come onchain in crypto’s history
Here’s why it matters 🧵
After a weird stumble, in which even the bill’s Democratic co-sponsor Kirsten Gillibrand voted against it last round, the bill is supposedly back on the tracks to pass with Democratic and Republican support
So what will that mean if it passes?
Stablecoins are just dollars on a blockchain
First, it was crypto companies issuing them, like @Tether_to and $USDT
But then, payment companies like @PayPal came around with $PYUSD
Now Big Banks are trying to figure out how they can get involved
New SEC Chair Paul Atkins just gave the most insanely bullish crypto speech in American history
Here's why it was not only a complete 180 from Gensler's disaster, but also reveals how the SEC will achieve @realDonaldTrump's wish to create the Crypto Capital of the World 🧵
Chair Atkins' speech opened the SEC's crypto roundtable and it was important because it was his first chance to really reveal his crypto goals as Chair
Atkins began by admitting the SEC must change course from Gary Gensler's failures:
"It is a new day at the SEC"
Atkins also echoed and endorsed the new approach started by SEC Crypto Task Force head Hester Peirce to create new rules and finally provide clarity for builders
"In order for the US to be the crypto capital of the planet, the Commission must keep pace with innovation"
It’s *usually* illegal for anyone in government to profit from their office, but Trump is capitalizing on a new way to sell influence
If you follow the money, the $TRUMP memecoin looks like a head fake
THIS is the real Trump honeypot you can get in on (but probably shouldn’t)🧵
First, the obvious: As Rob Blagojevich learned, directly auctioning off an office will land you in prison
But what if you were less obvious about it?
Here's my theory on how President Trump is doing it with crypto (which he confirmed by re-tweeting) ⤵️
Trump, Eric, Don Jr., and even Barron are currently overseeing the build out of one of the largest projects in crypto
The DeFi platform, @worldlibertyfi has already raised close to half a billion dollars via a token sale and outside investors — including foreign nationals