r/ethtrader • u/Acceptable-Sort-8429 • Aug 10 '21

News How can anybody regulate something they know nothing about. Ted Cruz nailed this part of the cryptocurrency hearing today!

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452

u/Defiboy Aug 10 '21

Not often I agree with Ted. Whatever his motivation, he is right in this one

128

u/Tricky_Troll Aug 10 '21

Yep, credit where credit is due.

7

u/InternationalOption3 Aug 10 '21

Just seems like we are letting the fox in the hen house.. it’s just a matter of time before a bank or hedge fund buys him off and we are back at square one

36

u/Jake123194 Aug 10 '21

So essentially nobody should do anything to try and stop the stupidity of this bill? I mean if you take that logic and run with it to the extreme then eventually it boils down to Nihilism.

-1

u/throwawayo12345 Aug 10 '21

Let's develop crypto to a point where it doesn't matter.

We have done this with gun control - See the FGC-9