“Don’t Let Perfect Be the Enemy of the Good”
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Witt was blunt with the crypto industry itself, criticizing calls to abandon the bill if it isn’t ideal. After Brian Armstrong said he would rather see no legislation than a “bad” one, Witt warned that the current moment is unusually favorable. With a pro-crypto White House, Republican control of Congress, and supportive regulators, this may be the best deal the industry gets.
He cautioned that political winds shift quickly. With midterm elections approaching and polling suggesting Democrats could retake the House, Witt argued that waiting risks far stricter legislation down the line. The message was clear: compromises are unavoidable in the Senate, but passing a workable framework now may prevent far more punitive rules later.
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this is one of those “take the deal while it exists” moments whether ppl like it or not