Joe Petrich 🟪 pfp
Joe Petrich 🟪
@jpetrich
This competition from Robinhood is great. The launch in the EU was genius - it should be embarrassing to the administration, and folks like Sacks and Sriram, making it clear that regulatory capture is alive and well in the US, and harming US consumers.
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Dan Romero pfp
Dan Romero
@dwr.eth
1. Sriram isn't working on crypto 2. It's coming in the US. The current administration has massively accelerated crypto regulatory progress.
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Joe Petrich 🟪 pfp
Joe Petrich 🟪
@jpetrich
I know he's not working on crypto, but he's the face of VC in the administration alongside Sacks. This is clearly a failure of US policy that Robinhood, an American company, had to launch this in the EU, the land of deceleration first. This admin has done some good things, but it's clear they're still too influenced by corporate interests. The ban on letting stablecoin issuers pass along yield to holders is the most obvious example of this.
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