> Neither should Congress or anyone else confuse the hype machine’s capacity to invoke real grievances—banking access, financial consolidation, transfer network improvement, predatory lending, monetary policy—with capacity to solve them. The proper tools are known, but they aren’t found in any “white paper”. They are found on parchment, in the Constitution, vested in Congress.

What a mouthful. Some problems are technology problems (e.g. "transfer network improvement"). Not sure what Congress has to do with solving these (read: nothing). Other problems are finance problems (e.g. financial consolidation, whatever that even means). Again, Congress has no say here, as these are problems to be solved by financial institutions (banks, funds, etc.). And others (e.g. predatory lending) are policy problems; here is the only place where Congress would have a say.

> If our representatives tie themselves to blockchain with special favors, they will stand with it when the hustle grinds down, the debts come due, and full account is taken of its past as well as its promises. They should do the opposite.

Nancy Pelosi consistently beating the market[1] is a meme at this point. How about we first solve the problem of congresspeople actively trading the very markets they're supposed to police? The entire post is just a confused hodgepodge of misgivings and grievances with no rhyme or reason.

Blockchain bad, we get it.

[1] https://www.fineprintdata.com/post/pelosistocks