JP Richardson
@jprichardson
CEO of @exodus (NYSE:EXOD)
First public company in the US to tokenize stocks on the blockchain.
Devoted to truth & excellence.
1.3K Following 16.7K Followers
the best consumer AI products won’t feel like AI products.
the best financial products won’t feel like financial products either.
Historic knockouts at @UFC 331.
Proud to have @Exodus in the Octagon tonight.
Good to see you @danawhite!
Crypto is most powerful when it feels simple.
I was just playing around with Exodus Pay by @exodus and found a fun hack for parents who want to send Apple Cash to their kids:
➡️ Connect Exodus Pay to Apple Wallet
➡️ Swap crypto into XO Cash
➡️ Open a text and send Apple Cash
Crypto to Apple Cash in a text.
Useful far beyond parents and kids, but a fun example of real-world crypto utility.
Enjoy! And, I am of course biased: @moonpay issued XO Cash and I am a huge fan of @jprichardson! 🤣💜
Show more
Crypto absorbed a Fed hike, a BOJ hike, and a setback for the CLARITY Act… then rallied.
A market absorbing bad news without breaking tells you something.
Crypto spent its first era teaching people how to own digital value.
The next era is about putting that value to work.
It’s simple: Stablecoins become the money that moves value. Bitcoin is the scarce asset.
Wallets become the control layer connecting the two.
This is the most important reality you can be building for in crypto right now.
Show more
The world is better for having Bitcoin.
It’s a more open, transparent world because of it.
Let’s never forget to be grateful to Satoshi, who made the original exodus from a broken system.
I spent years learning not to micromanage. Then I learned you can over-delegate too.
Smart people still need to see how you think, how you solve problems, and what good looks like.
Delegation without that is just distance.
Show more
Watching the CLARITY Act fight, one thing keeps getting lost: “regulated” and “accessible to new entrants” are not the same thing.
You can write perfectly clear rules that only the biggest companies can afford to follow.
That’s not a healthy market structure either.
Show more
1/ New CLARITY Act text dropped ahead of tomorrow’s Senate vote.
There are a few changes worth paying attention to.
The major ones:
-ethics
-developer protections
-state enforcement
AI may pull power away from Bitcoin mining first.
Then data center overbuild could hand some of it back.
Compute will chase the highest ROI. Mining can absorb excess power and infrastructure when some of that buildout stops making economic sense.
That’ll be an interesting cycle.
Show more
On September 11th, I think about the FDNY.
Fire departments from New York, New Jersey, Connecticut, and other surrounding states came to help. These men and women clocked in for a regular day at work.
They had kids and families at home.
But when the moment called for it, they didn’t back down. When everyone was running from the towers, they were running in.
Never forget their heroism.
This nation is built on the backs of great men and women.
Show more
Bitcoin L2 security ≠ Bitcoin security.
“Built on Bitcoin” shouldn’t fool you. An L2 can fail while Bitcoin keeps humming.
Security doesn’t just flow upward from the base layer. Every layer adds new code and failure modes. Bitcoin's security isn't an L2 marketing promise.
Show more
Bitcoin has no treasury.
No budget deficits.
No debt ceiling.
No interest payments.
