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I'm confused tbh. Why should we try so hard to get DC to look at crypto ? There is total lack of trust in our politicians/governments, and crypto could potentially free us from their shenanigans... shouldnt we actually avoid these talks ? twitter.com/SBF_FTX/status

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SBF

@SBF_FTX

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@cryptrus

they will, whether we like it or not it's not a matter if if, but of how

1:27 PM · Oct 30, 2022Twitter Web App

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and

#bitcoin doesn't really need regulation ...I can understand regulating #crypto & #defi just for customer protection against bad actors maybe but that should be it 🤷

Dave Friedman (not parody)

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and

Better to have a seat at the table than to pretend that the table doesn't exist.

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and

would you ever speak out against your central bank masters? -didn't think so... so yah get that 'legislation' going son... fuel that ✡️ machine

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and

absolutely. Those opposed to participating in DC are submitting to the Schrödinger's cat paradox. In order to achieve the best outcome for the market, we need to have our finger on the pulse of Capitol Hill. If we are non participatory the cat very well might be dead…

tbaywaverunner@hotmail.com

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and

definitely a good proactive approach and the more you address it the more kinks you get to iron out.

Tuna Money

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That's why the focus shd always be developing it for censorship-resistant first above all else. If it doesn't exhibit censorship-resistance, we might as well just go with SQL ... or SOL.

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I think that’s unfortunately true. But there is something to be said for playing the waiting game. We could let crypto ecosphere mature a lot more while Washington is stuck in a quagmire of other problems.

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and

This. There will always be private ways to do things, but if anyone thinks crypto can long term survive without local compliance they are wrong. Nations still have public services and public welfare to attend to.

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This is what allows long term main stream adoption. It's the same rationale for fdic and the likes. We are currently in the wild west, but it will be tamed, and the wild west will evolve with those integrations.

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Yeah, but atm it feels like we are going go their table to ask if we can play with them. Probably a very naive take, but IMO we have the tech + enough people rn to build our own table and set up our own rules. The inevitable talks with them could held at our table

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and

They are the masters of reserve currency. What kind of industry would it be if it’s not adopted by the USA or the west. Banks corps institutions won’t adopt. We asked for adoption, And now complain about regulation. You are fighting against the current.

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