I have read a lot about the Clarity Act. I have read the doom sellers, and I have read the articles that it will be wonderful. I don't buy either, I mean it is the US government we are talking about. They have no real oversight, so a poor bill or idea gets introduced, and it eventually gets passed. We then suffer the consequences.

Now, this article: https://www.banking.senate.gov/newsroom/majority/the-facts-the-clarity-act-protects-main-street-unleashes-responsible-innovation-and-cracks-down-on-fraud-and-money-laundering appears to outline some of the reasons the Clarity Act will be good for consumers.

It posits that the Clarity Act protects Americans. If that is true, wonderful. We will see.

It posits that the Clarity Act cuts down on money laundering and fraud. Man, I hope that is true. We do need protection from the fraudsters and evil people out there.

It posits that the Clarity Act will be good for the consumer while protecting and closing loopholes in the law while setting clearer boundaries on securities and such. These all sound great.

Now, to the point in the title of the article. I think we are past the overnight millionaire in crypto with a few exceptions. I do believe that if you have a lot invested, it will make millionaires, but they were close already. I think the case of some undervalued crypto, it will correct the market, and some will see some rapid prices increase.

I do think, in the long run this act will help those involved in cryptocurrency, and those who are buying at today's prices, will benefit greatly in the next 10 plus years.

I hope this gets done, done soon, and I hope the geopolitical landscape settles soon so we have a period of long-term peace. All of that is a recipe for prices to increase.