The crypto community's faith in legislative solutions keeps proving misguided. Take the GENIUS and CLARITY Acts—marketed as industry-friendly frameworks, but many see them as disguised restrictions that rival the worst rugpulls we've witnessed. The irony? People actively lobbied for these, hoping Congress would deliver clarity and freedom. Instead, what emerged feels more like regulatory gatekeeping dressed up as market reform. The real question isn't whether we need structure—it's whether the current proposals actually serve market integrity or just concentrate control further. The community keeps betting on government partnerships to solve problems, yet experience suggests that's rarely how it plays out.

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