The broad crypto industry rallied hard soon after the White House threatened to veto the bill that would let banks custody digital assets. And now it’s making a big difference, with Congress voting strongly for it, the White House pulling their veto threat, etc.
While it’s right to pass that bill and let banks custody them if they want, it’s sad to see that the crypto industry response to that was like 100x bigger than the response to all of the anti-privacy stuff that has been happening.
The desire of people in the industry for banks to help pump their bags is way bigger than their desire to pave a way for freedom tech in general.
Much love to all those building and supporting real freedom tech.
LynAlden / Lyn Alden
npub1a2…cw83a
2024-05-22 14:31:28
Author Public Key
npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83aPublished at
2024-05-22 14:31:28Event JSON
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"content": "The broad crypto industry rallied hard soon after the White House threatened to veto the bill that would let banks custody digital assets. And now it’s making a big difference, with Congress voting strongly for it, the White House pulling their veto threat, etc.\n\nWhile it’s right to pass that bill and let banks custody them if they want, it’s sad to see that the crypto industry response to that was like 100x bigger than the response to all of the anti-privacy stuff that has been happening.\n\nThe desire of people in the industry for banks to help pump their bags is way bigger than their desire to pave a way for freedom tech in general.\n\nMuch love to all those building and supporting real freedom tech.",
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