Words
130
Reading
1 min
7y
This is all levels of stupid...but that second part worries me, "...or being affiliated with a person that is a financial institution." Other than that being a weird ass choice of wording...does that suggest that there are things in the bill to prevent major tech companies from working with companies that are in the crypto sphere?
I can't believe someone wasted their time on this shit... I guess it's possible that the people in office might be stupid enough to enact it...but you can't hold back change. Huge companies are using crypto and the blockchain because it is a useful technology. Are they going to stop? Doubt it. They'll probably just hire people to make sure if this does pass, it loses it's teeth...or even that they leave the US.
RE: US draft bill seeks to ban big tech from taking over economy with private cryptocurrencies