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Ryan Selkis 🥷
@twobitidiot
1/ After ~30 calls & meetings with folks this week, a warning: + after a foreign policy disaster like the Afghanistan withdrawal, Biden will be desperate to pass infra bill as is + Yellen, Warren, Goldman Gary are in the drivers’ seat & “here to help” + fight for the house! 👇🏼
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Ryan Selkis 🥷
@twobitidiot
2/ Yellen’s Treasury fought hard to capture DeFi for a reason: they hate it. Fear they might not be able to fully surveil DeFi markets. That’s why the botched language banning PoS was inserted even though PoW is counter to Dem Environmental goals. They were thinking of DeFi.
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Ryan Selkis 🥷
@twobitidiot
3/ Democratic Senators that worked on a compromise are actually very brave in this regard. They have the opportunity to emerge as heroes to the industry in the coming quarters now that their staffs understand the tech. IF we don’t completely alienate them in the meantime.
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Ryan Selkis 🥷
@twobitidiot
4/ There are three battles left: + The House - fight for every inch and take names + The Courts - fight for every inch and aim for SCOTUS + The Regulators - we need to make bad rulemaking political suicide for Dema. It’s not partisan. It’s b/c they control WH, House, Senate.
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Ryan Selkis 🥷
@twobitidiot
5/ Those in the industry who are sanguine or don’t have the balls to step up and fight right now are, frankly, pathetic. This is not a drill. It is, however, a time for us to shine.
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