General Discussion

or of any crypto product that involves either centralized control or inadequately-regulated intermediaries. And I believe Warren's better than most of our representatives on financial issues.

That said, Wall St. in general has been inadequately regulated since at least Pres. Clinton's tenure, when Glass-Steagall was repealed and the decision was made not to regulate credit derivatives – imho, those two decisions alone made the Great Financial Crash of 2008 inevitable.

And Wall St. is still one of the biggest sources of funding for both Republican & Dem candidates, which is sure to make getting good financial regulation of crypto or anything else passed difficult.

But crypto isn't going away; and there are at least one or two versions that I see as more beneficial than not, such as Bitcoin held in a hard wallet.

We need good crypto regulation, but the Dems so far seem to have remained behind the curve in formulating it.