Anthony Pompliano
๐ค SpeakerAppearances Over Time
Podcast Appearances
Now, what's interesting to me is you can decipher what the rules are or set the rules by going through the legislative process.
Sometimes you got to go through the judicial process and it feels like everything pre maybe 2024 was all done in courts.
And I think that was something that a lot of the industry was very frustrated by.
But it definitely created the rules that I think maybe the politicians and or law enforcement wanted.
Now that we're going through the legislative process, it feels like people are getting kind of introduced to the grinding of this checks and balance system to actually get these rules created.
Are there times where maybe we should have been happy that the courts were setting some of the rules rather than going through kind of the drama of the Clarity Act and some of the stuff that we're watching now?
You mentioned that this stuff helps the banks and the traditional institutions much more than it helps the crypto people.
If clarity gets passed, is it beneficial?
Like, are we actually better off if it doesn't get passed because it gives the crypto people an advantage because the banks are still kind of boxed out?
Or is this something that gives kind of both sides, you know, kind of same playing field?
And actually, that's what crypto people should want.
Now, there's a case in, I think it's Nevada, Crypto.com.
You filed an amicus brief, which makes me sound smart, but I don't know what that is.
Describe what's going on in this case and why are you getting involved?
So it's always fun when I disagree with somebody about something.
I agree for every different example you use, the prediction markets are incredibly powerful and are net positive.
The thing I've always been like, eh, this feels a little crazy, is if we have young people who are betting on how long the press conference is, or what color the tie is, or is somebody gonna say a certain word, et cetera.
So I'm fully well aware that sometimes you get things that may not be as constructive along with the innovations and the positive impact.
Do you think that there should be a line?
Absolutely.