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We asked Vance Spencer (Co-founder of Framework Ventures) about Hyperliquid's path to 10x in price and market cap. "$5.5 billion of USDC earning 4.5% interest rate is $200 million of profit a year up for grabs." "It can probably get to $100 just based on perp volume." "$10 billion...

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Happy 4th of July Independence Day! Today, here’s a reminder of how much American Taxpayers spend on US Congress It costs an estimated $2 billion+ per year from taxpayers for Congress to operate, yet we can’t even get them to pass Voter ID: - Salary $174k - $7.6 million per year for meal reimbursements - The MRA, the members reprisational allowance is $810 million - MRA broken down is $1.5 million to each Congress Rep - Majority and Minority leadership get $37 million just for them - Actual Budget can range around $2 million per member, though some suggest it might be closer to $5 million when including all expenses - Operational Costs: $750 million for House expenses and $250 million for Senate expenses Conservative estimate total cost $1.5 million to $2 billion per year This was from a couple years ago, if you can believe it, the numbers have gone UP. Here’s the new data - Salary $174k (leadership is more) - Meal reimbursements/lodging roughly $7.6 million - The MRA (Members’ Representational Allowance) is $850 million - MRA broken down averages $1.9 million per House Member - Majority and Minority leadership get roughly $37 million, varies depending on data you look at - Actual per-member costs range around $2 million just for MRA, salary, support - The real cost per Representative is closer to $5+ million when including all allocated expenses and staff Operational Costs: $2+ billion for House and Senate operations. Conservative estimate for broader total cost is $2–7 billion+ per year

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