Weโve got to years to pass the Blockchain Regulatory Certainty Act.
We canโt let this pass us.
Discussion
Hey Matt good to see you on nostr too :)
A friendly reminder - there is always just a max of 4 year certainty in the Certainty Act.
Nothing is certain, that is true, however cover for builders to have some time to build without fighting from day one would be huge. And, generally, getting Congress to change things is hard, so once law itโs more likely than not to remain law.
Switzerland did this initially (a sandbox approach) only to revert their position later and went after developers... This is buying time mechanism but not buying Certainty.
Sure, though some of that was pressure from the EU that wouldnโt be felt here.
Sadly, the honest reality is that we do not have the technology (nor the foggiest idea of how) to scale blockchain-based transactions without ancillary services to a noncustodial wallet (LSPs for lightning, rollup operators, etc). This isnโt a Bitcoin/small block thing, no cryptocurrency has figured this out, despite tons of different approaches being worked on. Without regulatory cover for those ancillary services, noncustodial Bitcoin remains a privilege for the rich.
