SBF

SBF @SBF_FTX

@HsakaTrades USDT/BUSD/USDC could all get within the framework without substantial changes DAI needs a different f… https://t.co/DkWRdOEz4n — PolitiTweet.org

SBF @SBF_FTX

@RyanSAdams but if you have an alternative set of regulations/guidelines you'd like to propose -- go for it! — PolitiTweet.org

SBF @SBF_FTX

@RyanSAdams I totally agree! And I think it is, slowly, moving in that direction. The way we continue to do that… https://t.co/aWRExEs9uP — PolitiTweet.org

SBF @SBF_FTX

@udiWertheimer @mewn21 "unless they're super irresponsible" I guess we're using 'algo' differently here, you mayha… https://t.co/YiJsUFikgF — PolitiTweet.org

SBF @SBF_FTX

@Bitboy_Crypto @PeterMcCormack having fun shilling 'nance? — PolitiTweet.org

SBF @SBF_FTX

@IDrawCharts would love to see it! I def could be wrong on some of it. But FWIW it's built on my sense of what th… https://t.co/UeD5WbbPlr — PolitiTweet.org

SBF @SBF_FTX

@lex_node @Fiskantes @RyanSAdams 100% agree And I really do mean this: https://t.co/axvVPzztQV — PolitiTweet.org

SBF @SBF_FTX

@mewn21 https://t.co/nh86nNpZwO — PolitiTweet.org

SBF @SBF_FTX

@lex_node @Fiskantes @RyanSAdams there do, I think, exist carveouts for devs and validators in the bill draft you posted? — PolitiTweet.org

SBF @SBF_FTX

@samkazemian For now algo stablecoins shouldn't be part of that regime. I don't think they should be illegal, eith… https://t.co/NKUHbJDUo0 — PolitiTweet.org

SBF @SBF_FTX

@lex_node @Fiskantes @RyanSAdams high level I think that sounds reasonable but also I think actually legislating th… https://t.co/qdpDdJDLBx — PolitiTweet.org

SBF @SBF_FTX

@PeterMcCormack nope, it's definitely not what's best for FTX, but that's ok — PolitiTweet.org

SBF @SBF_FTX

@duganist I think it also doesn't apply to people writing smart contracts — PolitiTweet.org

SBF @SBF_FTX

@lylepratt to be clear, 'allowlists' would mean 'everything requires permission' it would disable economic freedo… https://t.co/xVkKIIlQIr — PolitiTweet.org

SBF @SBF_FTX

@Fiskantes @RyanSAdams Please tell me what set of regs you’d argue for? — PolitiTweet.org

SBF @SBF_FTX

@AHoboWithAStick @ftx_app @binance Try FTX Pro That’s normal FTX (retail) — PolitiTweet.org

SBF @SBF_FTX

@lylepratt Nope, I *don’t* think validators should, please read the post. As is already the case, it’s illegal to… https://t.co/td3Pkr5J4s — PolitiTweet.org

SBF @SBF_FTX

@RyanSAdams And what exactly do you think we should do we assets that came from eg a hack? Right now everyone avoi… https://t.co/Rvjd8xGoZR — PolitiTweet.org

SBF @SBF_FTX

@RyanSAdams Right now devs can’t write code in the US without fear of requiring a license they couldn’t possibly ge… https://t.co/pnfVnj38cd — PolitiTweet.org

SBF @SBF_FTX

15) And, finally: NONE OF THIS IS LEGAL, REGULATORY, OR INVESTMENT ADVICE. — PolitiTweet.org

SBF @SBF_FTX

14) But my support for any particular bill, framework, etc. is absolutely contingent on those points--contingent on… https://t.co/vuZLOPswOC — PolitiTweet.org

SBF @SBF_FTX

13) I'm optimistic that we're making progress on that last point. I'm optimistic, for instance, that the Stabenow-… https://t.co/VjQ3UofJZp — PolitiTweet.org

SBF @SBF_FTX

12) All of these are just suggestions, and I would love feedback on them. It would be ideal if some industry group… https://t.co/BbcBTCmxZj — PolitiTweet.org

SBF @SBF_FTX

11) Finally, stablecoins. They make payments better: https://t.co/r1FnTNQyX5. We need regulatory oversight and up… https://t.co/FwkoODpyLz — PolitiTweet.org

SBF @SBF_FTX

10) But we should make sure that code, peer to peer transfers, validators, etc. are free while also ensuring that r… https://t.co/zrOrFw2IFY — PolitiTweet.org

SBF @SBF_FTX

9) Sixth, DeFi. This is, frankly, one of the trickiest areas to get right. The most important thing is that we not… https://t.co/NqIdSHYpCj — PolitiTweet.org

SBF @SBF_FTX

8) Fifth, we should develop standards to help inform and protect customers. At its core, I think this means: a) d… https://t.co/pSWqvjw9fX — PolitiTweet.org

SBF @SBF_FTX

7) Fourth, we should develop a regulatory structure that allows the settlement benefits of blockchains to protect t… https://t.co/bK9Dea4xGv — PolitiTweet.org

SBF @SBF_FTX

6) Third, we should work towards public disclosures and transparency for assets. For non-securities, we have a fra… https://t.co/6cbO34gIRg — PolitiTweet.org

SBF @SBF_FTX

5) Second, we need something to reduce the impact of security breaches and hacks in crypto. One way we could do th… https://t.co/EWe9otu0s7 — PolitiTweet.org