Karl Mehta Profile picture
Jul 19 13 tweets 5 min read Read on X
President Trump just hosted the GENIUS Act ceremony at the White House.

One by one, Trump and Sacks delivered major announcements and clues on what's coming next—directly to the American people.

Here's everything you should know (the behind-the-scenes details are incredible):🧵 Image
1/ The Legislative Rescue Operation

Just 48 hours ago, media declared the GENIUS Act "dead."

Trump's late-night vote count:

3:00 AM: 9 votes short
3:30 AM: 4 votes short
4:00 AM: "We were in good shape"

@DavidSacks called it the most dramatic legislative save in modern history.
2/ The Record-Breaking Standoff

House Republicans staged unprecedented resistance:

• 10-hour vote held open (breaking modern records)
• 13 GOP holdouts initially blocked the bill
• Trump summoned 11 rebels to Oval Office
• Personal intervention secured their votes
3/ The Dollar Dominance Strategy

GENIUS Act creates financial warfare through technology:

• Stablecoins backed 1:1 with US dollars/Treasury bills
• Transactions settle in seconds vs weeks
• Every digital payment strengthens American financial power
• "21st century upgrade" to decades-old system
4/ The BRICS Counterstrike

Trump's tariff threats delivered immediate results:

• 10% tariff on countries "aligning with anti-American BRICS policies"
• Previously threatened 100% tariffs for dollar replacement
• BRICS meeting attendance collapsed: "almost nobody showed up"
5/ The Crypto Industry Transformation

From persecution to partnership in 6 months:

• Biden era: Crypto founders arrested, industry under assault
• Trump Day 1: Fired SEC Chair Gary Gensler (biggest campaign applause)
• Ended Operation Choke Point 2.0
• Pardoned Ross Ulbricht (crypto martyr)
6/ The Economic Impact Scale

@DavidSacks' Treasury projections:

• "Trillions of dollars" in new Treasury demand
• $250 billion stablecoin market now regulated
• Banks/credit unions can issue their own stablecoins
• Strengthens dollar's 58% global reserve dominance
7/ The Industry Validation

Crypto leaders present at signing:

• @brian_armstrong (Coinbase)
• @DavidLRipley (Kraken)
• @jerallaire (Circle)
• Ryan McInerney (Visa)
• @chrispavlovski (Rumble)
• @vladtenev (Robinhood)
• @tyler and @cameron (Gemini)
• @paoloardoino (Tether)

Trump: "You've made our dollar look really good and strong and powerful."
8/ The Technology Revolution

Payment system transformation:

• Current system: Weeks to clear international payments
• New system: Seconds for transaction settlement
• Updates financial backbone "decades out of date"
• Creates new "payment rails" for global economy
9/ The Global Financial Reset

Trump's warning to competing currencies:

"If we lost that [reserve currency status], that would be like losing a world war."

The BRICS threat neutralized:

• Dollar remains world's primary reserve currency
• Digital transactions now flow through US-backed system
• America extends financial dominance into cyberspace
10/ The "Crypto Capital" Strategy

Next legislative priorities announced:

• CLARITY Act for broader crypto market structure
• Anti-CBDC Surveillance State Act (bans federal digital currency)
• Both heading to Senate after House passage
• Complete regulatory framework by year-endImage
11/ Why This All Matters

This solves America's long-term financial dominance problem:

• China and BRICS were gaining ground with alternative payment systems
• US financial infrastructure was decades behind technologically
• Now every blockchain transaction strengthens the dollar
• America just made itself the default financial operating system of the internet
Thanks for reading.

If you enjoyed this post, follow me @karlmehta for more content on AI and politics.

Repost the first tweet to help more people see it.

And lastly, thanks to everyone mentioned in this thread for their great work.

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More from @karlmehta

Nov 5
BREAKING: JPMorgan Chase gave 200,000+ employees access to AI tools.

This was the world's largest AI experiment in history.

Result: 15+ million hours saved annually. $2+ billion in productivity gains.

But what they found hiding in the data changed everything:

A Thread 🧵 Image
Image
Jamie Dimon just revealed JPMorgan's AI strategy at the Data + AI Summit.

While most companies are still planning, JPMorgan has already deployed AI across 300,000 employees in 100 countries.

The scale is unprecedented.
JPMorgan invests $2 billion annually on AI initiatives alone.

That's out of their total $18 billion technology budget.

With 55,000 programmers and a 200-person dedicated AI research team, they've built the industry's most advanced AI infrastructure.
Read 17 tweets
Nov 3
She predicted:

• The Deep Learning revolution (2012)
• AI's blindness to the physical world (2018)
• The shift to world models (2024)

Now Fei-Fei Li revealed the 5 next AI waves reshaping every physical industry.

Here's what you should know (& how to position yourself): 🧵 Image
First, her track record:

Li created ImageNet, the dataset that triggered the AI revolution.

She leads Stanford's Human-Centered AI Institute. Her startup World Labs just raised $230 million.

When Li makes predictions, the entire AI industry pays attention.
1/ Spatial intelligence is the missing piece for AGI

Current AI lives in flat, 2D space. It can write essays about riding a bike but can't understand balance or how objects interact.

Li's World Labs raised $230M to build systems that perceive and interact with 3D environments.
Read 13 tweets
Nov 1
Elon Musk's new interview with Joe Rogan just went viral.

And he's NOT just talking about SpaceX or Tesla.

Instead, he revealed what terrifies him most about AI... and it's not the technology itself.

Here are 8 shocking insights from their 3-hour conversation: 🧵 Image
1/ Instilling The Right Values In AI

@elonmusk's biggest fear isn't AI becoming too powerful. It's forcing AI to believe things that are false.

"If you tell AI that diversity is most important and misgendering is worse than nuclear war... you get very dystopian outcomes."
2/ Your Entire Media Diet Will Be AI-Generated

"Most of what people consume in 5-6 years, maybe sooner, will be just AI generated content."

Music, videos, news—everything personalized and created in real-time.

Human-made content becomes a niche hobby.
Read 12 tweets
Oct 28
Blue Light exposure at night is quietly destroying your health.

It accelerates aging, chronic fatigue, and even weight gain.

Since 70% of adults have exposure to blue light at night...

Here's what you should probably know and the ONE habit that will slow down aging rapidly: 🧵 Image
Most people think it's just about sleep quality.

They're wrong.

What's happening inside your body when you scroll at 11 PM is far more dangerous than anyone realizes...
In 2015, Harvard researchers conducted a breakthrough study.

They had participants read on an LED tablet for just 2 hours before bed.

The results? Melatonin levels dropped by 55%. Sleep onset delayed by 1.5 hours.

But that wasn't the worst part... Image
Read 13 tweets
Oct 21
This is Satchin Panda.

He's a biology professor who's studied circadian rhythms for 20+ years.

His message? Your body has an internal clock—and ignoring it causes diabetes, weight gain, and early aging.

Here are 6 timing tricks to sync your circadian rhythm: 🧵 Image
Panda is a professor at the Salk Institute in California.

In 2002, he co-discovered melanopsin, a blue-light sensing protein in your eyes that controls your master biological clock.

This discovery was named one of Science magazine's top 10 breakthroughs.
Melanopsin tells your brain when it's day or night by sensing blue light.

It triggers melatonin at night (makes you sleepy) and suppresses it in the morning (makes you alert).

But modern life is destroying this rhythm.
Read 15 tweets
Oct 19
This is Andrej Karpathy.

Former Tesla AI Director who built their self-driving system from scratch.

He just spent 3 hours with Dwarkesh Patel revealing mind-blowing truths about AI that 99% of people wouldn't know...

Here are 9 insights that will change how you think about AI: Image
1/ Why It's The Decade of Agents (Not The Year)

Karpathy's reaction to AI hype: "We'll be working with these things for a decade."

Current agents lack intelligence, multimodality, and continual learning.

"They're cognitively lacking and it's just not working."
2/ We're Building "Ghosts," Not Animals

We're not replicating evolution or biological intelligence.

We're training by imitating internet documents, creating "ethereal spirit entities" that mimic humans.

"We're summoning ghosts, not building animals."
Read 12 tweets

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