I’m glad JD Vance said it because someone had to.
Image was generated with Chatgpt.
The crypto community has been bruised for too long under regulation that punished innovation without offering clear paths forward. Gary Gensler’s era at the SEC turned into a trap for developers, instead of giving guidance, they gave subpoenas. Vance throwing that out the window is exactly what a lot of people have been waiting for.
If they remove protections that stop scammy tokens or offshore wash trading, regular people will take the hit again, not the insiders. We already saw what happens when oversight is fully off. Remember the 2022 DeFi rug wave, yep a lot of people I know exited the space after losing small life savings. I’m not eager to see a repeat just so a few billionaire investors can double up on their memecoins.
If Vance is serious, then let’s see structure, not just slogans.
While he's is at it, I hope he considers the $TRUMP coin dinner too.
When political figures openly entertain top holders of a coin tied to their own name, and there’s no way to know who those buyers are, that’s an obvious threat to transparency. You cannot lead the deregulation push and also host closed-door meetings with token whales.
That crosses a line.
The same people cheering this might end up locked out later when policy favors the connected. I’m not against the momentum, I just want to know who it’s really for.
