Replying to Avatar mister_monster

Sounds to me like this bill isn't going to really improve anything. Sathoshi would have to register with the SEC to launch bitcoin, and they'd have 60 days to deny him. Uniswap would have to do KYC.

> ...much-needed comprehensive U.S. regulatory framework for digital asset markets.

> ...regulatory clarity needed for a digital asset ecosystem to meaningfully develop in the United States.

Statements like this always make me laugh. Is it much needed? We were building stuff just fine before they came in to pretend we need them. I don't really think we do. They need this more than anyone else.

Avatar
LogicallyMinded 1y ago

Also, based on what I understand from this bill, I don’t think that the intent of the bill is to squash innovation in the #crypto industry or to make every dev an outlaw for publishing code. It also may put a halt to the blind enforcement actions we’ve seen from federal agencies. I think from a US dev perspective this bill would be a plus.

Reply to this note

Please Login to reply.

Discussion

No replies yet.