It was obvious if you looked at any sort of data (user stats, companies created, persistence of projects, and fact the industry had survived 2-3 bubbles) that crypto was going to be a persistent part of the economy by 2021. The only question was whether the integration of it would be smooth over time and with appropriate regulatory tailoring in stages or if there would be an failed final effort to ringfence or kill it followed by the total onrushing of it into the rest of the economy. Due to the arrogance of a few people, mainly in the Biden Admin, we have been forced down the latter, worse path. It would be good if policymakers stopped listening to let alone lifting up the voices that attempted to run one of the most destructive political efforts on policy, politics, and consumer safety grounds in generations.