$BTC Red Envelope 🧧 is here
Latest news! The U.S. Congress has made a big move, the "CLARITY Act" has passed the House of Representatives! Now it’s going to the Senate
To put it simply, a bunch of U.S. lawmakers have recently come up with a bill to regulate tech companies (the name is long, but it essentially means "make tech companies behave themselves").
If this thing actually becomes law, those big tech companies might not be able to mishandle your data anymore, or they might have to use artificial intelligence and such according to regulations—what exactly will be regulated will depend on the final details.
So what's the situation now?
The House has already given the green light, and now the big shots in the Senate need to continue the debate.
Those who support the bill say: It’s about time to regulate these tech companies; they are messing around every day!
Those who oppose it criticize: How can we innovate with so much regulation? The government is overstepping, blah blah blah 🙄
What do you brothers think about this bill?
If there’s anything particularly ridiculous or impressive about this bill, feel free to let the knowledgeable friends add their insights.
