If CLARITY passes and the Fed holds rates steady, we giga send.
If CLARITY doesn't pass and the Fed holds rates steady, we giga send.
If CLARITY passes, and the Fed hikes, we pause then giga send.
If CLARITY doesn't pass, and the Fed hikes, we puke, base out, and then giga send.
Comfy in spot. Much, much higher by end of year.
Would be great for Clarity Act to get enough votes this week to move forward…
But I’m sticking w/ my take that it doesn’t really matter.
Under Trump administration, SEC & CFTC are going to use existing powers to push crypto forward regardless.
Crypto industry moves so fast that by the time politicians realize the financial system has been upgraded, it’ll be too late to try & undo everything.
Clarity Act would simply serve as further accelerant by giving confidence innovation couldn’t easily be undone.
But crypto’s future doesn’t hinge on Clarity IMO.
What happens if CLARITY Act doesn't pass?
Coinbase CFO Alesia Haas: "If Clarity doesn't pass by Congress, we believe that we have a path via the SEC & the CFTC."