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3/ This is the government trying to pick winners and losers in a nascent industry today, where some new technology is being developed every month. They are guaranteed to get it wrong, by writing in a few exceptions by hand today.
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6/ Crypto is still in its early stages. Innovators across this country are working to make crypto networks better, enabling new apps like NFTs, smart contracts, and DeFi. These will bring enormous benefits to Americans, and help ensure our place as a financial hub.
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NFT profile picture
7/ If the U.S. fails to embrace the innovation happening in crypto, it risks becoming a financial backwater, missing out on one of the fastest growing sectors of the economy. Imagine if we had missed out on the internet, and the largest internet companies had been built overseas.
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8/ This debate in the Senate started because the govt sees the growing crypto industry as a source of tax revenue. We agree everyone must pay their taxes. There is no debate on this topic. But destroying some of the most exciting innovations in the process is unconscionable.
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Great of you to make a statement about your individual views but what about leveraging your company to spread awareness of this and call users to action? When will tweet and email a direct, urgent CTA? Please join us in this fight. One person tweeting is not enough.
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