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This is a great executive order that is either completely benign or completely awesome and validating for crypto, a "watershed" moment like the one the commerci
by vmception 5y ago
This is a great executive order that is either completely benign or completely awesome and validating for crypto, a "watershed" moment like the one the commercial internet from the US government received in the 1990s
On its own it does nothing but set an aspirational focus for otherwise autonomous Federal agencies, with no specific rulemaking or new change to the regulatory landscape. But it does send the message for all the sectors to stop pretending like its not a thing, when you look at how even Federal Reserve employees were trading crypto while publicly denigrating the concept, and how there is a gullible audience that believed the negative messaging. This message from the very top alters that, and sets the path for a more holistic approach to fostering this technology, even the wild west capital formation on public blockchains.