Wisdom

Some bills are written never to pass

Quote

juicer bills are a tried and true long standing thing within politics, where you threaten an industry with a certain bill, and it gets public, it gets publicity and that kind of thing. But the goal is never to pass the bill.

Episode 44: separating the nodes from the news. I wish I could say that this new studio was (approx., from transcript intro) 00:38:38 (play audio from this timestamp, opens in a new tab)

Voice-matched

Summary

Discussing calls to make Bitcoin transactions reversible and unmasked, Dave explains public choice theory, which analyzes political behavior as if it were a market. One tactic is the 'juicer bill': threaten an industry with legislation to generate publicity and campaign donations, with no intention of passing it.