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Folks like to hate on lobbyists (including myself! very much so) but this is exactly the function they serve. They inform the legislators on what legislation would help their industries succeed, and encourage it across the line.

I don't think the crypto industry is lacking in funding enough to be able to hire lobbyists, so I'm not sure why we might blame a legislature that can't be experts in literally everything (setting aside the fact that they tend to be fuddy-duddies for other reasons, it's not even theoretically practical that they could be perfectly informed on everything) for not having made perfect laws around a new industry.



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