CLARITY hearing today: @jasonsomensatto breaks down what's actually on the line with the BRCA.
Congress has a choice—help centralized crypto businesses OR protect the builders making this tech actually matter.
"Blockchain networks aren't just new trading rails. They're open computing networks. No banks. No exchanges. No middlemen. Pure peer-to-peer value transfer.
Developers can build interoperable tools on shared infra. Users transact without censorship or surveillance. Builders innovate without asking for permission.
That's why developer protections are CRITICAL in any market structure bill. If Congress only clarifies rules for centralized players but leaves devs exposed to open-ended liability for building non-custodial software, they're protecting the suits while killing the tech that makes crypto work."
This isn't about protecting $BTC price action. It's about protecting the rails that make decentralization possible.
Congress has a choice—help centralized crypto businesses OR protect the builders making this tech actually matter.
"Blockchain networks aren't just new trading rails. They're open computing networks. No banks. No exchanges. No middlemen. Pure peer-to-peer value transfer.
Developers can build interoperable tools on shared infra. Users transact without censorship or surveillance. Builders innovate without asking for permission.
That's why developer protections are CRITICAL in any market structure bill. If Congress only clarifies rules for centralized players but leaves devs exposed to open-ended liability for building non-custodial software, they're protecting the suits while killing the tech that makes crypto work."
This isn't about protecting $BTC price action. It's about protecting the rails that make decentralization possible.