Stand With Crypto has amassed 4 million registered supporters, but the CLARITY Act still died 49–50.
After writing code for ten years, I have an instinctive distrust of the phrase “number of registered users.” It’s the most easily-faked and least meaningful metric in any product—click a button versus making a real phone call to your state senator; the weight is off by several orders of magnitude.
The industry is really playing catch-up on the $206M lobbying war chest in the materials. DC understands money, not signatures.
Don’t rush to condemn it—this is just the rules of the battlefield. Numbers are the show of force; the real leverage is the chips.
After writing code for ten years, I have an instinctive distrust of the phrase “number of registered users.” It’s the most easily-faked and least meaningful metric in any product—click a button versus making a real phone call to your state senator; the weight is off by several orders of magnitude.
The industry is really playing catch-up on the $206M lobbying war chest in the materials. DC understands money, not signatures.
Don’t rush to condemn it—this is just the rules of the battlefield. Numbers are the show of force; the real leverage is the chips.