It Is Interesting To Watch The US Congress Grapple With Digital Asset Legislation

in LeoFinance3 years ago

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I guess we can put this in the humerous category. However, we are getting reports that the progress in Congress regarding crypto (stablecoin) legislation is getting very difficult. They simply are having a tough time pursuing this.

In this video I discuss how our governments are ill-equipped to handle this situation. The system was not designed to tackle issues such as these.


▶️ 3Speak

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This is why they hire legal consultants for these matters. Honestly our "geritocracy" has to come to an end. These old fogies in office dont know what is best for our country moving into an era of technology and AI, they will make many policy errors moving forward.

It's a huge mess because there is no centralized entity to go after and I don't think there is anything they can do about it. If there were a global law, it would still cause an issue because they would still have to decide the people in charge.

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But the civil government is omnipotent and omniscient. 🤣😆

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