"Critics argued that...crypto issued by private firms with government backing could undermine the entire financial system because of weak regulations and nonexistent enforcement actions. The law also does nothing to prevent government officials from profiting off crypto."
Rick Green
Read George Packer's profile of David Sacks if you want to understand how a part of Silicon Valley turned against American democracy
www.theatlantic.com/magazine/202...
How David Sacks and the new tech right went full MAGA and captured Washington
