Crypto Industry Helps Write, and Pass, Its Own Agenda in State Capitols

Well unfortunately most government/politicians don't have the knowledge to pass laws on their own, especially in technical industries.

Lobbyists are obviously incentivized to have favourable outcomes. But how else do you pass a law without hearing from industry?

If you were regulating marijuana but never used marijuana, how much THC are you allowing to be put in edibles? How is the the THC measured? How do we define the quality of THC, if possible? How do we require the declaration of THC content to be presented on packaging? Industry guidance (influence) is necessary, lawmakers can't do this on their own.

Nice to see an economic counterweight to the Deep State, and the inexorable expansion of government that it engenders.

The Deep State is any institutional interest in the state that is distinct from the public that the government represents.

One example would be the Military Industrial Complex.

Another would be those in the government who act on an incentive to maintain and expand regulatory restrictions on voluntary interaction.

Thomas Sowell provides his experience at the Department of Labor in 1960 as a poignant demonstration of this kind of force at work: https://youtu.be/v6PDpCnMvvw?t=38