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They Asked “What’s the Internet?” Too. Here’s How Not to Get REKT.
The GENIUS Act and Clarity Act are building the infrastructure layer of the digital economy. The last time Congress did something like this, most people missed it entirely. TradFi is counting on you to miss it again.
Chip Mahoney7 min read·Just now--
I want to take you back to 1996.
Bill Clinton signed the Telecommunications Act into law on February 8th of that year. It was the first major overhaul of American communications law since 1934 — and it quietly laid the legal scaffolding for the first layer of the internet as we know it. Deregulation of long-distance. Open access to local networks. The legal framework that allowed ISPs to exist, compete, and build.
Most people weren’t paying attention.
The ones who were — the ones who understood that this wasn’t a political event but an infrastructure event — had time to position. They saw what was being built underneath before the crowd showed up asking “what’s e-commerce?” and “wait, I can buy things on a computer?”
By the time those questions were being asked out loud, the window had already moved.
