00:00So does it come down to how strong each industry's lobbyist, the banking lobby versus the crypto lobby?
00:06I think at the end of the day, if you look at it, it's who's on the side of the consumers.
00:11And that's really the crypto industry. You know, we are having a fight with the bank lobbyist on the Genius Act, which is settled law.
00:20They want to reopen it. They want to relitigate some issues that were negotiated during the creation of the bill.
00:28And they want to make sure that they have the upper hand when it comes to, you know, consumer choice.
00:36And at the end of the day, they could just compete with the with the crypto industry.
00:42They could offer better. They could offer better yields on their savings.
00:49They could offer consumers rewards the way the exchanges are offering rewards.
00:53It's just they don't want to compete and they are threatened by the innovation that's coming into the financial services sector from the crypto industry.
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