I feel like I need a lobotomy the retardation is at all time highs.
If this passes expect a housing crash in 2028. This is REALLY about stablecoin yield. Current draft bans it to protect bank deposits, but banks say a loophole in Section 404 could still let $1.3T walk out the door.
Also massive "refinancing wall" is cresting, with over $2.5 trillion in corporate and commercial loans maturing by the end of 2027. Not to mention smaller banks liquidating mortgages to stay afloat if they lose 1.3t in liquidity.
This, the clarity act, and Iran war I really wish all Americans the best and hope they will be more conservative with their spending going forward. If this passed btc WILL PUMP and wonβt be able to be collected in a bankruptcy.
If this passes hard times will come for people without crypto
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