Tom Schmidt (09:20):

Your take? Yeah, I did Brad Sherman, who's normally extremely lame and curmudgeonly. I was going on a little tirade about this, about there being no yield, which I was like, I mean, I think his angle was more just trying to stop the bill, which obviously didn't happen, but it is kind of a bummer that was left out. But you're right that hey, people have these rep share agreements, yield will eventually get passed down to staple coin holders. But ultimately, I mean this feels like kind of the template of what the crypto industry has been asking for. Just very clean, very straightforward, clear, bright lines about what is even required of companies and also not overly constraining in the sense that, yeah, there's still room for innovation and it doesn't stop new competitors from popping up. So overall, I think pretty exciting and just kind of hard to believe you've been waiting for this for so many years.

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