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by free2OSS 2029 days ago
Why bring race into this?

Is it nonsensical emotional junk used to move the uneducated masses?

I'm no Trump supporter, but when I hear something so disconnected from policy it has a "Mexico will pay for it" vibe.

Edit- you guys read the article?

1 comments

> “Getting ahead of the curve on preventing cryptocurrency providers from repeating the crimes against low- and moderate-income residents of color that traditional big banks have is- and has been- critically important,” said Congresswoman Tlaib. “From the OCC to the Federal Reserve to those peddling stablecoins the protections the STABLE Act would make possible are more needed than ever amid a pandemic that will breed riskier financial decisions out of necessity because our federal government continues to fail us all by not providing adequate relief legislation.”

You mean this part? I was going to downvote you, but it does seem a bit demagogic, because other minorities besides blacks are being financially exploited too. People of all colors can make bad financial decisions, it's not their color but their lower income and education.

Ideally, I'd expect legislation to steer these eCoins to less muddy waters for everyone, not to appeal to emotion.