🚨 HOSKINSON SAYS CLARITY ACT DECIMATES DEFI According Input Output Founder Charles Hoskinson, the current draft of the market structure bill only offers clarity for big banks — NOT the crypto industry. ⚔️ @IOHK_Charles publicly clashed with @Ripple CEO Brad Garlinghouse, who argued that "clarity beats chaos" even if the bill is imperfect. He maintains that "bad regulation is worse than no regulation" because it locks in restrictive, innovation-stifling rules for a generation. According to Coinbase, the current bill would leave consumers worse off than if there were no bill. NO BILL > BAD BILL.