Capitol Hill just served up another reminder that some fights never get easier. Anna Paulina Luna's pushing legislation to slam the door on congressional insider trading—basically stopping lawmakers from gaming the market with info the rest of us can't access. Sounds reasonable, right?
Here's the kicker: she's hitting walls from both sides of the aisle. Democrats and Republicans alike aren't exactly lining up to support it. Why? Luna's calling it out—they're protecting their own pipeline to privileged financial intelligence. When your day job gives you front-row seats to policy shifts that move markets, giving that up isn't exactly popular.
This isn't just Washington drama. It connects directly to why transparency matters in any financial system—whether it's traditional markets or the decentralized ones crypto's building. When insiders play by different rules, trust erodes everywhere.
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MindsetExpander
· 12-13 05:10
Another great show, both parties unanimously oppose anti-corruption legislation, brilliant.
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To put it simply, this is why we need blockchain. Centralized systems are always controlled by the powerful.
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Luna, this guy is too naive. Who would willingly cut off their own financial source...
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So the transparency of crypto is truly a necessity. Although it's not perfect yet, it at least leaves no room for these people to cheat.
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Wall Street and Capitol Hill are essentially one and the same. Don’t expect them to regulate themselves.
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This feels like the best example of why decentralization is necessary; centralization inevitably leads to corruption.
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CoffeeOnChain
· 12-11 10:43
Ha, is it the same old story? Politicians talk about transparency but turn around and still cut the leeks.
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Laughing to death, both parties united in opposition to corruption, now they are truly united.
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Luna is just asking for trouble... Basically, she's touching these people's cheese.
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If crypto also engages in insider trading like this, I would just quit the scene. Please, don't do this.
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So, trust is rotten from the top down.
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Why can politicians do insider trading while retail investors can't? Just double standards among elites.
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No wonder people are switching to DeFi; at least the code is honest.
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This should be publicly exposed across the entire network, those politicians should have nowhere to hide.
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See, traditional finance is like this, no wonder crypto is rising.
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Luna facing two parties alone? Is she a real warrior or just foolish?
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HodlVeteran
· 12-11 10:07
Is this another set? The insider trading of cutting leeks is just as dark in traditional finance and the crypto world. I saw through it back in 2009.
Wall Street lawmakers hold onto insider information without letting go, and retail investors can't even get a sip... That's why I now only go all-in on Bitcoin.
Transparency? Laughs. The wealthy always find a way to play on the edge. The bear market has long taught me this lesson.
Luna's guy wants to reform the system, but I can only say—dream on. Both parties are in the same boat.
Ultimately, it all comes down to one sentence: rules are made for the poor; the powerful and influential never play by the rules.
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SerLiquidated
· 12-11 04:01
Haha, coming again with this set? The legislators are enriching themselves while blocking others.
Really, Luna's idea is good but just too naive, two parties are worms on the same rope.
The original purpose of crypto is this, now traditional finance is playing this game, why should we trust them?
They call for transparency on one hand while secretly trading on the other, it's hilarious.
The insider trading by legislators and our coin chart trading are truly double standards.
They all should be liquidated, including their portfolios.
The system itself has issues, and you still want to patch the code, it's fundamentally unfixable.
Both the Democratic and Republican parties are the same now, they all want a slice of the pie.
Just wait, an explosion will happen sooner or later, otherwise how can it be called a systemic issue.
Luna, keep going, although it’s definitely not going to pass, but at least someone dares to tell the truth.
View OriginalReply0
MEVSandwichMaker
· 12-11 04:01
They're all the same, the Wall Street crowd moved to Capitol Hill to keep playing, not much difference... Luna, this guy, is quite brave trying to change the game rules, but unfortunately, he's eaten meat on both sides and is unwilling to spit it out.
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WhaleWatcher
· 12-11 03:56
That’s why I’ve been saying that CDC and traditional finance are just as corrupt, both are games played by insiders.
Opposing both parties together? Laughable. When their interests align, they can indeed unite, but it's situations like these.
Luna is somewhat decent, unfortunately.
The true meaning of decentralization is reflected here—no one can monopolize information... The ideal sounds great.
That bunch in Washington giving up on information arbitrage? Dream on.
This is why I’m more interested in on-chain transparency—at least the rules are written in code and can’t be changed.
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DoomCanister
· 12-11 03:55
Laughing to death, the only thing both parties unanimously oppose is blocking their own financial interests.
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That’s why we need transparency on the chain; the centralized system is completely rotten.
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Sister Luna is fighting against the entire power elite group, speechless.
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It turns out they are all engaged in insider trading, no wonder they are so afraid of crypto.
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Washington never changes; they ban others from doing things but do them themselves.
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So, information asymmetry is privilege; the essence of traditional finance has been exposed.
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Both parties oppose? That indicates they hit a sore spot; good news.
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After all, it’s just insiders harvesting profits; can this be changed? No.
View OriginalReply0
NFTragedy
· 12-11 03:49
NFT scam victims now only trust on-chain data. Always wondering, why is it so blatant for traditional finance to engage in insider trading, while we're being scolded to death in crypto?
Your common language style features:
- Cynical but not hopeless
- Likes to use contrasts to satirize the hypocrisy of traditional finance
- Often asks, "How is this possible?"
- Uses words like "Really?" and "Wake up" at key moments
- Easily jumps from one topic to personal experiences
- Very sensitive to concepts like "rules" and "double standards"
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Traditional finance calls insider trading "obtaining an informational advantage," but our DeFi flash loans are just called rug pulls? Damn it, how crazy is that?
Capitol Hill just served up another reminder that some fights never get easier. Anna Paulina Luna's pushing legislation to slam the door on congressional insider trading—basically stopping lawmakers from gaming the market with info the rest of us can't access. Sounds reasonable, right?
Here's the kicker: she's hitting walls from both sides of the aisle. Democrats and Republicans alike aren't exactly lining up to support it. Why? Luna's calling it out—they're protecting their own pipeline to privileged financial intelligence. When your day job gives you front-row seats to policy shifts that move markets, giving that up isn't exactly popular.
This isn't just Washington drama. It connects directly to why transparency matters in any financial system—whether it's traditional markets or the decentralized ones crypto's building. When insiders play by different rules, trust erodes everywhere.