1) My *final* thoughts/post on this:
Conversation
3) At the end of the day I think I basically agree with and the industry on what's important and the right policy:
a) economic freedom
b) getting rid of discriminatory, classist standards for investment
c) freedom for DeFi
(putting aside effective strategy)
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5) So I encourage everyone-- including --to make their voices heard and fight for what's right:
Fight for freedom, and to make the economy work, and for the exponentially interoperable power of DeFi.
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A big concern I have was Sam's strategy of coming to the table with negotiations on offer. That might work with a peer, but should not be the strategy for politically charged regulations where the overarching goal of your counterparty is control. No need to concede off the bat.
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I don't think that's what I was doing--I was coming with the strongest position I felt was plausible, but also in the background thinking about the endgame.
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I do see that was your motivation. But your talk about EV outcomes and worst case scenarios seemed to lead to a readiness to concede front end regs. Strikes me as too-soon negotiation. I worry if you see that as the strongest plausible position.
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8) One last thing:
I *am* seriously concerned that some relatively strident/adversarial strategies would end up backfiring and undermining DeFi.
I'm fine with CT leading the way--so for all our sakes I hope I'm wrong!
But I won't *actively* support things I think backfire.
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