Law & Policy

Thoughts? https://x.com/apolynya/status/1598124343636422658?s=46

Ex-Consensys; Ex-Circle Strategy, Crypto Startup Advisor. Snibbmaster.base.eth

My thought is:  wait a minute is that me?

Founder, Market Research Edge:
CoFounder, MyBackpack:

Dad bod.  Bulldogs.  Trophy husband.

It was literally my outlook in 2021.  I thought the crash would flush it but nope.

Right now I’m trying to understand just how hosed we are as a defi wallet provider when that swing happens.

No regulation creates innocent victims which creates regulation which begets more regulation.  A framework will become over regulation.  We will swing from extreme to extreme to extreme until we find balance.  The shit show that was frx and their excel and quick books accounting were one side.  The swing is coming.

Unfortunately I think regulation tends to exist for a reason. Not over-regulation, but a framework. I get it’s against the ethos but maybe that needs to change?