CLARITY Act looks DOA. OK, now we get hard rules set byvCFTC and SEC which likely will be friendlier to the crypto industry. Elizabeth Warren continues to amaze me in that she cannot see the linkage between stablecoins and creating a new US TSY buying contingent. My promotion. The Cryto Bros will likely target 20 close races in the midterms. These guys have deep pockets and are beginning to understand the Washington hustle. They will likely call out zero interest bank deposits to show the hypocrisy of it all. My guess is CFYC and SEC publish reams of regulations by Oct 1. Its not perfect, its not law, but these regs will bring more folks off the sidelines. So, my non- intuitive analysis is lack of movement on CLARITY is already baked in. Market will dip a bit for a day or 2 then continue.