Conversation

1/ Watching

as I clean my house :) Takeaways: - The Federal Reserve and banking system - highly regulated -- is not transparent. Why should crypto be held to a higher standard, when it is already MORE transparent in many ways?

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Watched this earlier today, it seemed like a productive discourse You can tell Erik has a stronger grasp, but showed deference to SBF in a “You gotta trust the person in the room” way I never felt like SBF was lobbying on my behalf, but under Erik’s influence, I do feel better

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I feel like Erik would blow an actual negotiation -- though I highly respect his thoughts and position. I don't think an absolutist, purist position is possible here. If we gambled with that, we'd all get nothing. SBF is practical. He's balancing many, many things.

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yeah I mean tbh I have quite strong feelings about what would happen if you tried those lines in DC with regulators or (most) policymakers and they're probably in line with yours but seems like a bunch of experts on crypto twitter disagree so who knows maybe they're right

2:09 AM · Oct 30, 2022Twitter Web App

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That's what I was getting ... SOMETHING is definitely going to happen here reg-wise. And left to their own, lawmakers will be super overzealous and protect incumbents. So we need to push hard but be willing to deal in some way.

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heh yeah idk that's my instinct too hopefully we're wrong!

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