🛑DANGER🛑 TO YOUR CRYPTO: Infrastructure Amendment to Limit Blockchain Technology {Audio #79}}

The amendment proposed by Senators Mark Warner, Kyrsten Sinema, and Rob Portman is vague and unclear and takes a direct aim at the blockchain technology industry as a whole. The amendment by Senators Cynthia Lummis, Pat Toomey, and Ron Wyden counters this by clearly stating to exclude all blockchain proof systems from harsh regulations and taxation.

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⌛TIMESTAMPS⌛
0:00 Infrastructure Bill H.R. 3684 on PoS
0:45 Explaining Proof-of-Stake with Cardano Ouroboros
2:10 Validators, Developers, 0-KYC, & the IRS
4:50 Proof of Work favored over Proof of Stake
7:15 Lummis-Toomey-Wydman excludes PoS with PoW
9:00 Unclear, vague Sineman-Portman-Warner amendment
10:50 Coin Center official tweet on HR 3684
13:45 Brian Armstrong thoughts on HR 3684 

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