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Pro-XRP Deaton Unveils Initial Senate Bills, Agrees With Musk On “Regulatory Capture” 🚨 Pro-XRP lawyer John E Deaton’s recent post on X appears to have gained significant traction across the crypto industry. Today, July 9, Deaton took to X, revealing what his initial Senate Bills would focus on, cracking down on regulatory capture within the U.S. SEC (Securities and Exchange Commission). Deaton’s remarks, in alignment with the American entrepreneur Elon Musk’s statements, underscored a shared concern about the current state of affairs, where regulators seamlessly transition into similar industry roles. The pro-XRP lawyer, in the wake of challenging Democratic U.S. Sen. Elizabeth Warren, has made attention-nabbing statements zeroing in on this saga. Deaton’s Initial Senate Bills In his post, Deaton detailed his tireless efforts over the years to expose regulatory capture within the U.S SEC. Concerning this, the pro-XRP lawyer spotlights how he sued the SEC pro bono on behalf of thousands. This encompasses legal battles with Ripple Labs, aka the XRP lawsuit, Coinbase, and others. Intriguingly, since January 1, 2021, Deaton’s legal tussle to ensure ethical regulatory efficiency has not aided him in achieving even a dime. Nonetheless, Deaton stated that his first Senate Bill “will be for congressional term limits.” Further, a second bill that imposes a 3-5 year statutory bar, preventing regulators (including lawyers) from working in the same industry they were just in charge of regulating, will also be imposed. In context, one working as the FDA Chairman won’t be able to sit on the chair of Pfizer’s Board. Coinbase & XRP’s Legal Tussles With SEC Meanwhile, the XRP lawsuit appears to be on the favorable side for Ripple Labs as of now, with the filing of a notice of supplemental authority against the SEC. However, as July 31 nears, the XRP community awaits a final conclusion. #Xrp🔥🔥 #Market_Update $XRP #ElonsMusk
Pro-XRP Deaton Unveils Initial Senate Bills, Agrees With Musk On “Regulatory Capture” 🚨

Pro-XRP lawyer John E Deaton’s recent post on X appears to have gained significant traction across the crypto industry. Today, July 9, Deaton took to X, revealing what his initial Senate Bills would focus on, cracking down on regulatory capture within the U.S. SEC (Securities and Exchange Commission).
Deaton’s remarks, in alignment with the American entrepreneur Elon Musk’s statements, underscored a shared concern about the current state of affairs, where regulators seamlessly transition into similar industry roles. The pro-XRP lawyer, in the wake of challenging Democratic U.S. Sen. Elizabeth Warren, has made attention-nabbing statements zeroing in on this saga.

Deaton’s Initial Senate Bills
In his post, Deaton detailed his tireless efforts over the years to expose regulatory capture within the U.S SEC. Concerning this, the pro-XRP lawyer spotlights how he sued the SEC pro bono on behalf of thousands. This encompasses legal battles with Ripple Labs, aka the XRP lawsuit, Coinbase, and others.

Intriguingly, since January 1, 2021, Deaton’s legal tussle to ensure ethical regulatory efficiency has not aided him in achieving even a dime. Nonetheless, Deaton stated that his first Senate Bill “will be for congressional term limits.”

Further, a second bill that imposes a 3-5 year statutory bar, preventing regulators (including lawyers) from working in the same industry they were just in charge of regulating, will also be imposed. In context, one working as the FDA Chairman won’t be able to sit on the chair of Pfizer’s Board.

Coinbase & XRP’s Legal Tussles With SEC
Meanwhile, the XRP lawsuit appears to be on the favorable side for Ripple Labs as of now, with the filing of a notice of supplemental authority against the SEC. However, as July 31 nears, the XRP community awaits a final conclusion.

#Xrp🔥🔥 #Market_Update $XRP #ElonsMusk
Elon Musk Foresees US Bankruptcy Amid Govt Federal Budget Risks 🚨 Economy, suggesting that excessive government spending could soon bankrupt America. Musk’s comments come amid reports highlighting the staggering burden of interest payments on national debt, now surpassing defense spending. Meanwhile, this revelation underscores the looming fiscal challenges and the potential economic repercussions facing the nation. Elon Musk Warns Over US Bankruptcy Elon Musk’s warning about U.S. fiscal health is rooted in alarming figures. The U.S. federal government is projected to spend $892 billion on interest payments this fiscal year. Notably, this expenditure exceeds the defense budget and is on par with Medicare allocations. As reported by CNN, next year’s interest payments are expected to surpass $1 trillion, reflecting the strain of managing a national debt exceeding $30 trillion. Meanwhile, the Congressional Budget Office (CBO) has painted a grim picture, forecasting U.S. debt to reach 122% of GDP within the next decade. By 2054, this federal budget figure could escalate to 166% of GDP, potentially stifling economic growth. Economists have long debated the impact of high U.S. debt, but consensus suggests that debt levels around 150% to 180% of GDP could inflict severe economic and societal costs. Meanwhile, Elon Musk’s perspective adds a notable voice to the discourse on fiscal responsibility. He argues that uncontrolled government spending and mounting debt will ultimately lead to financial collapse. This sentiment echoes broader concerns among economists and policymakers about the sustainability of current fiscal policies. #ElonMuskUpdates #ElonsMusk
Elon Musk Foresees US Bankruptcy Amid Govt Federal Budget Risks 🚨

Economy, suggesting that excessive government spending could soon bankrupt America. Musk’s comments come amid reports highlighting the staggering burden of interest payments on national debt, now surpassing defense spending.

Meanwhile, this revelation underscores the looming fiscal challenges and the potential economic repercussions facing the nation.

Elon Musk Warns Over US Bankruptcy
Elon Musk’s warning about U.S. fiscal health is rooted in alarming figures. The U.S. federal government is projected to spend $892 billion on interest payments this fiscal year. Notably, this expenditure exceeds the defense budget and is on par with Medicare allocations.

As reported by CNN, next year’s interest payments are expected to surpass $1 trillion, reflecting the strain of managing a national debt exceeding $30 trillion. Meanwhile, the Congressional Budget Office (CBO) has painted a grim picture, forecasting U.S. debt to reach 122% of GDP within the next decade.

By 2054, this federal budget figure could escalate to 166% of GDP, potentially stifling economic growth. Economists have long debated the impact of high U.S. debt, but consensus suggests that debt levels around 150% to 180% of GDP could inflict severe economic and societal costs.

Meanwhile, Elon Musk’s perspective adds a notable voice to the discourse on fiscal responsibility. He argues that uncontrolled government spending and mounting debt will ultimately lead to financial collapse. This sentiment echoes broader concerns among economists and policymakers about the sustainability of current fiscal policies.

#ElonMuskUpdates #ElonsMusk
Tesla CEO Elon Musk has hinted his electric-car manufacturer could add Dogecoin DOGE tickers down $0.21 as an official payment method for Tesla cars “at some point”. On March 13, Musk was interacting with the public at the Berlin Gigafactory, a Tesla manufacturing plant, wherein an audience member asked if Tesla can be bought using DOGE in the near future. Musk responded positively to the request: “At some point I think we should enable that.” Musk's response sparked enthusiasm among investors as the market price of the token witnessed a sudden surge. Dogecoin reacted by jumping from $0.172 to $0.188 at the time of writing, marking a 9.3% as the video gains traction on X.#ElonsMusk #Memecoins #BullorBear #TeslaAcceptsDoge #Write2Earrn
Tesla CEO Elon Musk has hinted his electric-car manufacturer could add Dogecoin
DOGE

tickers down
$0.21

as an official payment method for Tesla cars “at some point”.

On March 13, Musk was interacting with the public at the Berlin Gigafactory, a Tesla manufacturing plant, wherein an audience member asked if Tesla can be bought using DOGE in the near future. Musk responded positively to the request:

“At some point I think we should enable that.”
Musk's response sparked enthusiasm among investors as the market price of the token witnessed a sudden surge. Dogecoin reacted by jumping from $0.172 to $0.188 at the time of writing, marking a 9.3% as the video gains traction on X.#ElonsMusk #Memecoins #BullorBear #TeslaAcceptsDoge #Write2Earrn
“I quit my job and left on a round-the-world trip” — Mr Smith, anonymous software engineer. After finishing college in 2008, Mr Smith (not his real name) began working at a typical large technology company in Silicon Valley. He got on well with his “equally geeky” colleagues. In 2010, he invested $3,000. With the price of bitcoin only US 15 cents at the time, that means he had almost 20,000 bitcoin. “I knew from the very start that I was playing the long game. I wanted to see how high it could go,” he said. Mr Smith had almost forgotten about his investment 3 years later, when it popped up in the news. With the price rising by 10% or more every single day, he sold 2,000 coins when the price hit $350. When the price hit $800 a few days later, he sold another 2,000 coins. He’d already netted $2.3 million. “I quit my job and left on a round-the-world trip.” Today, he spends his time travelling the world in luxury. He flies first class to 5-star restaurants where he enjoys elite chef-prepared meals for every meal. In the 30 days before he was interviewed by Forbes, he’d visited Singapore, New York City, Las Vegas, Monaco, Moscow, back to New York City, Zurich and Hong Kong. His net worth is likely somewhere between a hundred million dollars and a billion dollars. “He’s constantly talking about Bitcoin,” his girlfriend said, “If he starts talking about it, he’ll never stop. Ever.” $BTC $BNB $ETH #ElonsMusk #Write2Earn‬ #HotTrends
“I quit my job and left on a round-the-world trip” — Mr Smith, anonymous software engineer.

After finishing college in 2008, Mr Smith (not his real name) began working at a typical large technology company in Silicon Valley. He got on well with his “equally geeky” colleagues.

In 2010, he invested $3,000. With the price of bitcoin only US 15 cents at the time, that means he had almost 20,000 bitcoin. “I knew from the very start that I was playing the long game. I wanted to see how high it could go,” he said.

Mr Smith had almost forgotten about his investment 3 years later, when it popped up in the news. With the price rising by 10% or more every single day, he sold 2,000 coins when the price hit $350. When the price hit $800 a few days later, he sold another 2,000 coins. He’d already netted $2.3 million. “I quit my job and left on a round-the-world trip.”

Today, he spends his time travelling the world in luxury. He flies first class to 5-star restaurants where he enjoys elite chef-prepared meals for every meal. In the 30 days before he was interviewed by Forbes, he’d visited Singapore, New York City, Las Vegas, Monaco, Moscow, back to New York City, Zurich and Hong Kong. His net worth is likely somewhere between a hundred million dollars and a billion dollars.

“He’s constantly talking about Bitcoin,” his girlfriend said, “If he starts talking about it, he’ll never stop. Ever.”

$BTC $BNB $ETH
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Elon Musk's xAI Plans: Big Money for Chips and a New AI Venture Elon Musk is back in the news again, doing what he does best: pushing boundaries and making headlines. This time around, he's made a big splash with the announcement that his company, xAI, has snagged 100,000 Nvidia chips and raised a cool $6 billion to develop groundbreaking artificial intelligence tech. What Does xAI Want to Achieve? xAI was founded just last summer and has already managed to attract some heavy-hitting investors. The company is focused on developing cutting-edge AI products and technologies that will change the way we interact with machines. With $6 billion in the bank, they're looking to make some serious waves in the industry. Who's Investing in xAI? Some of the biggest names in tech and finance are backing xAI, including Andreessen Horowitz, Sequoia Capital, and even Saudi Arabian Prince Al Waleed bin Talal. Initially, the company was aiming for $1 billion, but the demand was so high that they ended up doubling their target and still had room for more investors. Why Is AI So Expensive to Develop? As you might expect, creating state-of-the-art AI systems doesn't come cheap. Nvidia's upcoming Blackwell B200 AI graphics cards are reportedly going to cost between $30,000 and $40,000 each. xAI plans to use 100,000 of Nvidia's current H100 chips to enhance their Grok AI chatbot, and they're building a new data center set to open in the fall of 2025 to handle all this power. The AI Arms Race Heats Up The competition to develop the best AI systems has never been fiercer. Tech giants like Google, Apple, Amazon, Microsoft, and Meta are all pouring billions of dollars into their own AI initiatives. Even OpenAI, the company founded by Sam Altman, is looking to overhaul the entire global chip industry, with plans to invest trillions into the cause. In a strange twist, Musk is currently embroiled in a legal battle with OpenAI, accusing them of straying from their altruistic mission. What Does the Future Hold for xAI?$BTC $ETH #AI #ElonsMusk {spot}(ETHUSDT)
Elon Musk's xAI Plans: Big Money for Chips and a New AI Venture
Elon Musk is back in the news again, doing what he does best: pushing boundaries and making headlines. This time around, he's made a big splash with the announcement that his company, xAI, has snagged 100,000 Nvidia chips and raised a cool $6 billion to develop groundbreaking artificial intelligence tech.
What Does xAI Want to Achieve?
xAI was founded just last summer and has already managed to attract some heavy-hitting investors. The company is focused on developing cutting-edge AI products and technologies that will change the way we interact with machines. With $6 billion in the bank, they're looking to make some serious waves in the industry.
Who's Investing in xAI?
Some of the biggest names in tech and finance are backing xAI, including Andreessen Horowitz, Sequoia Capital, and even Saudi Arabian Prince Al Waleed bin Talal. Initially, the company was aiming for $1 billion, but the demand was so high that they ended up doubling their target and still had room for more investors.
Why Is AI So Expensive to Develop?
As you might expect, creating state-of-the-art AI systems doesn't come cheap. Nvidia's upcoming Blackwell B200 AI graphics cards are reportedly going to cost between $30,000 and $40,000 each. xAI plans to use 100,000 of Nvidia's current H100 chips to enhance their Grok AI chatbot, and they're building a new data center set to open in the fall of 2025 to handle all this power.
The AI Arms Race Heats Up
The competition to develop the best AI systems has never been fiercer. Tech giants like Google, Apple, Amazon, Microsoft, and Meta are all pouring billions of dollars into their own AI initiatives. Even OpenAI, the company founded by Sam Altman, is looking to overhaul the entire global chip industry, with plans to invest trillions into the cause. In a strange twist, Musk is currently embroiled in a legal battle with OpenAI, accusing them of straying from their altruistic mission.
What Does the Future Hold for xAI?$BTC $ETH #AI #ElonsMusk
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