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Senators have a deal on the crypto amendment, and Treasury won’t oppose it
- exabrial 5y agoScrew this "infrastructure" bill. Literally everything in it is fixing stuff that isn't broken. And where are the details of this "compromise"?
- scohesc 5y agoIt's an infrastructure bill but it's got waaaaay more than infrastructure in it. I wonder if congress even has time (or if they even want to lmao) to read the thing in its entirety.
- lowkey 5y agoNope. 2400+ pages and I'm sure none of them have read the whole thing. Feels like the Patriot Act - written by who? read by no one. Huge implications on us all. Where is the money for this coming from? Further debasement of the currency is my guess.
- jl2718 5y agoWell, they think they’re going to get it from “enhanced compliance”.
- thatguy0900 5y agoOn paper all the members of congress has a team of aids that reads the bills and alerts them of parts they might find questionable or gives summaries. Whether that really even happens to thousand page bills stuffed with all kinds of random subjects is up in the air
- aeternum 5y agoThere should really be a length/complexity limit. Imagine what the bill of rights would look like if it were written today. Some room for compromise makes sense but it seems we've taken things way too far.
- ianai 5y agoIt is tractable. I attempted to initiate a group “dissection” of it here a while back: https://news.ycombinator.com/item?id=28047538 https://news.ycombinator.com/item?id=28047538
- jl2718 5y agoThen they fight you.
- LatteLazy 5y agoSo no actual word on what the amendment says?
- MrZongle2 5y agoClearly, they must pass it before they can learn what is in it. As is tradition.
- altspace 5y ago> Treasury Department said it would not oppose a bipartisan agreement that limits a proposal in the infrastructure bill to increase federal regulation of cryptocurrencies Anybody else thinks there is was a simpler way to write this?