2min chapter

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The Chopping Block: Are VCs Bad for Crypto? - Ep. 481

Unchained

CHAPTER

The Downside of Regulating a Smart Contract

The US treasury doesn't understand a very, very basic component of how this stuff needs to get regulated. Half the wallets in crypto are smart contracts. And so if you are claiming that anything is a smart contract is not a peer-to-peer transaction, it's just like you don't understand what smart contracts are. So it's very disappointing to see this coming from treasury.

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