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Leister

๐Ÿ‘ค Speaker
612 total appearances

Appearances Over Time

Podcast Appearances

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

They want to make money.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

They don't want to lock down.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

They don't want to restrict.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

That's the last thing they want to do.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

That's why like gate IO, gate IO used to be open to us.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

Then they got out because they didn't want to do all of the rigor and the regulatory scrutiny that was there.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

Many exchanges won't want to do it.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

Ones that don't do those things probably won't care.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

Like I expect that Kraken will be as if nothing changed really, except for a couple more forms, maybe.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

coinbase i think they're gonna lock stuff down if only because they opened up to a bunch of garbage tokens is my theory i don't know but i think they will robin hood i think they're gonna lock stuff down because of the way they work these are theories i don't know for sure lastly under the clarity act there are explicit prohibitions there are things that

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

must happen.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

And then there are things that must not happen.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

Critically speaking, I'm not going to go through all of the, all of these.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

I'm going to go through the most important, the most critical that I saw.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

So what must happen?

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

Absolutely.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

DeFi activities being excluded.

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

So when we say DeFi activities, what are we talking about?

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

This is basically excluding and safe havening node operators, validators,

Crypto Talk Radio: Basic Cryptonomics
The CLARITY Act Is Short-Sighted As Written

you know, software providers that just make the thing run.