matthewb.eth
@matthewb
I’ve seen criticism on here and twitter, as well as some euphoria on the flip side. I don’t think anyone thinks that the token distribution is good or that it’s some wonderful meaningful project. it feels gross and grifty. I think most positive or neutral voices are simply excited that crypto is center stage among the concerns of the incoming administration, as opposed to being unfairly targeted by politically motivated enforcement actions that haven’t solved much of anything (e.g. FTX allowed to happen, Coinbase taken to court). in addition to euphoria from number go up, the desire for regulatory clarity is what’s coming through here imo. it’s unfortunate that this progress has resulted in some questionable alliances along the way.
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wisdomlego
@daniel-hurley
It's a "not like this" moment for me. I don't think this will be good for the crypto industry period. Not because crypto or block chain doesn't and can't have utility, but because people are willing to blop large disposable capital on a fleeting coin - to make a buck. I always remain hopeful for every presidential administration. The reality is that every administration has let me down in a number of ways. There is some higher level political and government dynamic going on, where the left right paradigm swings hard and with no sense of truly inclusive polity. Crypto for me was an example of an independent movement. Now it has merely been swallowed by the oligarchical thiel types. Crypto remains this for me, but I'm starting to see the reality of money and capital plays differently and the adoption of crypto like this is turning it into something else.
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