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Eric Platon
@ic
What is the general vibe on dropping the Chevron doctrine? It seems many crypto people cheer, as well as the common and shark entrepreneurs. I mistook the doctrine for something else, so reading more about it. Dropping it looks like a regression in general. Not saying it must be kept as is, but there is a spectrum between it and not it. Most likely a need to reform and refine, yet with Chesterton fence care.
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kripcat.eth 🎩
@kripcat.eth
Seems beneficial to crypto because it creates new Supreme Court precedent to push back against over reach of agencies like the SEC. But overall seems like a bad move that undermines the ability of subject matter experts within federal agencies to set meaningful, enforceable regulation. It’s impossible for legislators to include all the minutiae of regulation in legislation. They’re representatives of the people, with a wide range of backgrounds and mostly not environmental scientists or tax lawyers. IMO Gensler’s anti-crypto efforts represent the politicisation of the public service, which should be objective and evidence based. So guardrails to prevent such politicisation should be the goal.
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