"A Bad Bill Is Worse Than No Bill"—Market Structure Breakdown and Scholarship Proposals | Ep 445
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"A Bad Bill Is Worse Than No Bill"—Market Structure Breakdown and Scholarship Proposals | Ep 445
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Goodnow revolutionaries—
Evan and Alex are back for the final show of the week, starting with extreme cold weather reports (negative 30+ windchill in the Dakotas!). They share ideas for the Rise Up Community Scholarship: naming tiers after first donors (the "Bearded Tier" at $10!), a senior citizens crypto workshop with Sandra from Onboard60 ($500 allocated), and funding IRL meetups.
Then Alex delivers a deep dive into the updated Senate Ag Market Structure Bill—the good news (self-custody wallets "protected," code is speech) comes with massive caveats. DeFi protocols may be exempt, but their front ends (how you actually use them) are not. Alex's verdict: "A bad bill is worse than no bill." They're creating a gray area to selectively enforce, choking DeFi while expanding surveillance.
The conversation shifts to how everyday people can opt out of the extractive banking system by telling stories about how DeFi actually helped them. Plus: Solemn Spartan (Chief Gift Officer) wins the Arculus giveaway.
Want to donate or make a suggestion for the scholarship? Or join our weekly Thursday after shows and ask us your questions in person? Create a profile now at community.rumshq.com and introduce yourself
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