I think a lot of crypto participants just don't want the SEC to be the ultimate oversight. We need common sense oversight. I can understand wanting to be self-sovereign, but DeFi where there's no KYC or travel rule compliance will never be a big market. The last thing I'd say is we saw basically a huge bank panic in this category over the past year. There was just a flight to the exits in a bank run on about every crypto lending firm out there.

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