The false notion there is that if we do no regulation, we don't move forward with the Clarity act and with the stablecoin legislation, we're actually in a better spot. The reason that that is false is because We are not in a laissez faire system. What you're actually doing is just allowing poorly structured regulatory frameworks to control the innovation and development. (21:15–21:17)
CLAIM
Asserts that the current regulatory framework is not laissez faire.
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