The Challenge of a Global System Without Intermediaries

The Cansee Act is an attempt to define control for anyone who directly or indirectly has a hand in the project. That is just an awful approach right from the start, because we've seen how giving broad discretion to regulators is a mistake,. Other senators and other members of the House also pursuing different means to try to rope people in. We have a global system, an inherently borderless system with cryptocurrency.