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🚨🚨The Senate is on the verge of passing legislation that would be TERRIBLE for cryptocurrency.🚨🚨 The infrastructure deal contains DANGEROUS provisions that would devastate crypto and blockchain innovation. Supporters of crypto need to make their voices heard.
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1/ A quick explainer on what happened with the infrastructure bill last night: We were on track to pass the Wyden-Lummis-Toomey amendment to fix the worst issues with the bill, & then Senators @RobPortman & @MarkWarner came from nowhere to blow it up. Now the vote's tomorrow 👇
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Right now, supporters of crypto & blockchain are LOSING this fight that will define crypto’s future. That’s why I’m proud to cosponsor the , , crypto amendment. It’s a major improvement over what is in the underlying bill & a must pass amendment.
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Given the major flaws in the underlying bill’s unworkable and devastating crypto provision, I also filed a separate amendment to strike the whole thing, in the event a bipartisan deal can’t be reached. We have to act now to stop this.
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Why are you more concerned about a crypto currency that has massive negative environmental effects plus has an inherent stability to be used as a currency? People are dying. Kids are dying.
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Yet posting on twitter that has massive data centers to complain about negative environmental effects is not contradictory how?? This technology will evolve so that we can have twitter which uses a fraction of the energy. That and a million other things are why it's important.
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