1. Everyone in DeFi has failed. It’s that simple. There is one way to keep the DeFi vision alive as framed it but nobody has done the work. 🧵on what has been done and what needs to be done to avoid the desired/expected outcome. 👇
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1) it's 100% not the case that my desired outcome is permissioned access! (Unsure about expected.)
2) 100% agree with you on what to do--and we *have* been doing it, bit by bit--showing lawmakers, in action, how crypto works
hopefully someone else can carry it on
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You bought yourself the seat at the negotiating table. Take what the community wants (no regulation on defi yet or ever) and only create regulation for cefi. Why is this so hard. The USA will destroy themselves in crypto if done wrong
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This is hard bc you need to at least consider ’s approach. If you can protect 80% that is most crucial and impose a burden on the 20%, then it is not crazy to consider that approach. I don’t think we are there yet and should fight here first but it’s not an easy decision.
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oh yea I don't think we're there yet either and should try to push back on it if we can
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