Can someone tell me honestly what the accomplishments of David Sacks “Tzar" position was?
> Billions of Liquidity drained from Bitcoin, Ethereum, and Altcoins into Trump Coin and Melania Coin> GENIUS Act passed and banned stablecoin issuers (like $Circle(CRCL.US) and Tether) from paying interest, which would compete vs Banks> Attempted to push through legislation that would hand all control over Crypto chokepoints over to banks through Clarity Act.> Attempted to ban Stablecoin related 3rd parties from giving yields through the Clarity Act> Attempted to ban non-USD denominated stablecoins like DAI (liquidity drain). > Banks still don't onboard crypto companies and will ban you from onboarding. > There's literally only a few in the US that do like Cross River or Customers Bank? Nothing that we elected him for was accomplished aside from Crypto companies having the "option" to apply for Banking Charters. But only people close to the administration like Andruil’s founder got a pass? Not any actual crypto companies?And now big Banks will have all the major chokepoints soon?This was the biggest transfer of wealth and bloodbaths in the crypto industry to date. Even Ethereum is higher when Gary Genseler was in office.Source: Serenity
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