According to CoinMeta, Wu said that Bloomberg analyst Eric Balchunas stated in response to a Wall Street Journal report about the obstruction of the Clarity bill that, although he understands the ethical concerns raised by personal tokens of political figures, in his view, the crypto industry has done its best to push for the bill. It was ultimately party strife that led to its obstruction. He believes that the industry did not miss the opportunity due to its own mistakes, but rather encountered political resistance during the legislative process. Balchunas also criticized the media for its long-term tendency to report negatively on the crypto industry, arguing that Bitcoin’s characteristics in resisting censorship and currency devaluation deserve more attention.