The U.S. government's use of the National Defense Authorization Act (NDAA) to mandate crypto data standards like ISO 20022 feels sneaky and raises significant technical and ethical concerns. While standardization can enhance interoperability and security, it risks centralization, costly transitions, and potential privacy infringements. Ethically, it prompts questions about surveillance, equity, and government overreach. A balanced approach is essential, ensuring transparent policymaking, broad stakeholder engagement, and protection of individual rights to uphold privacy, decentralization, and equitable access in the crypto ecosystem. When it comes to Bitcoin, the attempted control exerted by a small group within their own jurisdiction has limited global impact, especially since Bitcoin is already legal tender in some countries and operates on a decentralized, borderless network.
Thank you Tommy Tuberville.
We need a nation with great man like him
Schumer deserve the same as Trump
The U.S. government's use of the National Defense Authorization Act (NDAA) to mandate crypto data standards like ISO 20022 feels sneaky and raises significant technical and ethical concerns. While standardization can enhance interoperability and security, it risks centralization, costly transitions, and potential privacy infringements. Ethically, it prompts questions about surveillance, equity, and government overreach. A balanced approach is essential, ensuring transparent policymaking, broad stakeholder engagement, and protection of individual rights to uphold privacy, decentralization, and equitable access in the crypto ecosystem.
When it comes to Bitcoin, the attempted control exerted by a small group within their own jurisdiction has limited global impact, especially since Bitcoin is already legal tender in some countries and operates on a decentralized, borderless network.
He should have been removed years ago!