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Dear god, I don't know how I'd have made it through this without slapping that dude.

He is either profoundly naive, or just completely full of shit. The idea that the bill "doesn't need to say what you can't do," is the dumbest shit imaginable. That's literally EXACTLY what the bill should fucking do.

BoomTown 1y ago

Yeah he was cringe.

His position reminds me of a negotiation I had with a relatively well known bitcoin VC fund* in 2022. We agreed over the course of several months in the “dating” phase but when the term sheet started to take shape all the “agreed” terms were substituted with VC standards that fuck over the entrepreneur.

When they tell you the contract language / regulatory language doesn’t matter, that’s precisely when it REALLY matters.

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