I have always been against anything that had to do with government having too much closeness with bitcoin, but most of the people I see here are so optimistic about the price surge that could happen after this bill or whatsoever bill the government will be considering to make bitcoin or crypto better is passed in to law but however, I know for sure that the government had no support for decentralized system which is obviously the opposite of their system, yet want to put crypto into such hands then it’s absolutely the lost of privacy, decentralization and the objective of bitcoin is defeated or the core principles of satoshi is smashed in the presence of crypto gurus.

Glad coinbase CEO disagreed and stick with the core stands of crypto, the bill will help price and profit making but will destroy it total, sad a good number of dumb ass people will still agree after many years of claiming bitcoin enthusiasts.

Delayed doesn't mean it won't be accepted later on after some compromise
I'm sure they would compromise on the strict AML and KYC.
It's better to be done with this so we would understand and have clarity on how the government have choosen to react
I hope they don't go strict on AML but I know that's inevitable except something is done.

What I know is that the CEO of Coinbase will not be fighting for the core standards of crypto. He may just be protesting for his own interest. I do not know much about him, so I can't be sure, but the business of a CEX does not uphold the core standards of Bitcoin, so I won't be surprised if our ideas don't align.
The problem is, the government, too, might not be on our side. Regulating and controlling are all they care about. If the protest was made by normal Bitcoin and crypto users in the US, I don't think the government would have listened, but they listened now because a lot of important people are against it. A lot of lobbying would have gone on behind the scenes.

People just happy are just getting excited about nothing, because I don't see how more regulation is going to affect the price positively.

But is it still allowed to change the bill or improve it, so that, maybe later, like the Coinbase CEO, may agree? Because of the way Brian Armstrong disagrees with Bill, it seems it's a huge slap from the entire cryptocurrency market. Imagine for years people asking for regulation, and here comes the regulation, but it's totally not making sense at all. Which I agree with Armstrong too, it's better nothing that having like this.

The existing Bill does not open more space of growth for DeFi that is one of reasons Brain Amstrong did not support it. I agree with him, as in order to bring cryptocurrencies to traditional finance market, DeFi must be supported more than now. While the current Bill tries to close the open space of growth for DeFi ecosystem into traditional finance.

I am not sure how a next draft of the Bill will be composed and adjusted from this failed one, but I expect to see a better Bill proposal for DeFi.

Looks like they didn't manage to convince the majority of lawmakers to sign this bill and even those big institutions is skeptical towards this law they are trying to pass. That some show that the law they are trying to pass is half baked and maybe they don't understand or skeptical towards the real intention of this bill.

Maybe they should try to clarify everything and make sure that all parties understand on what law they are trying to pass. Since if it happens that they remain to be like this and majority of law makers will not agree on its passage for sure that this law cannot go far and will just put in sidelines.

I read something online that the idea of staking and earning from Stable coins will come to an end which is why there is some disagreement with this clarity act votes, is this true? These people really want to control everything, I hope this never happened.

The reason why the majority of us are into crypto is because of control from the users side, but now it's looking more like the government want everything withing it's grips, this is not looking good, anyways, what I really want to see happened is a strong regulation in crypto space where there will be less space for scam projects to breath, a place where there will be consequences for every developers who only want to take advantage of their investors.

Don't you think that they are just playing with the market sentiments? This is what I am thinking, like they first say that senot is going to pass that bill, and at the same time, another news comes on social media that senat postponeding this bill for now. This totally shifted the whole market sentiment, which in result, many open trades got shifted against favour (I am talking about future trading). I mean those who may have opened their trades for long positive have liquidated themselves after that piece of news.

This way, many time authorities and big hands sift the whole market sentiments to the other side just to trap the money makers. By the way, what do you think when this bill going to be approved in the coming time? Any guess? other than this, what I stated above is just my point of view, what do you think about it? CMIIW!

This may be healthier than it appears. A bill that is voted through to pass, and its contents have actively negative effects on new use cases, is a bad precedent over years. When Armstrong takes a public position (although possibly self-serving), it at least opens the discourse to the sunlight rather than letting it be quietly haggled behind closed doors by individuals who do not actually use this technology.

The tokenized equities situation is a real worry should you consider more than a quarter ahead. This is the point at which the conventional finance infrastructure is beginning to move on-chain. That ban there does not only impact crypto companies, but it impacts the ability of Nasdaq to ultimately settle trades on distributed ledgers, the possibility of having 24/7 markets, whether or not we can have access to fractional ownership outside the gates of accredited investors. To kill that because banks fear to compete is short-term thinking that entraps inefficiency.

My only hope is that this delay is the reason why there is still some time to fix the worst parts. The thread of one CEO can stall a Senate vote, proving that the industry has more leverage than it had even two years ago. That cuts both ways. It also implies regulatory capture in many directions today, not only that of banks capturing regulators but also that of crypto firms capturing regulators. At least it is not a done deal.

Let's say coinbase CEO didn't disagree, and the vote was passed, were we supposed to see bitcoin above $100k?
How many people or agencies were supposed to vote and why was the voting postponed just because one person didn't agree?
When will they reconvene and do we think that changes will be made to the act?
When are they possibly reconvening, let's be optimistic that the market shall rise again.