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I just saw Charles Hoskinson's comments on the "Digital Asset Market CLARITY Act" and honestly, he makes a very valid point here.
The interesting thing is that even if the bill passes, we're talking about years of regulatory process before it actually gets implemented. That’s something many people don’t understand when discussing these legislative initiatives in the U.S.
But what caught my attention the most is his concern about how future lawmakers could instrumentalize these rules. Charles Hoskinson is pointing out something crucial: once you have a regulatory framework in place, politicians can adapt it according to their own interests. It’s like giving them a tool they can use in ways you never imagined.
This reflects the reality of how regulations work in practice. It’s not just about what the law says today, but how it evolves over time. The crypto industry needs more voices like Hoskinson’s warning about these details because most people only see the headline and assume everything is settled.
It’s a reminder that regulation is a long-term process, not a one-time event.