Mark Cuban

I had two companies that actually left the US to do their development because they could just sell to crypto enthusiasts and users in other countries and not worry about it here.

So, you know, I have this company called lazy.com. So all it is is a place for you to show your NFTs. So if you go to lazy.com slash mcube and you get to see the NFTs that I own. I wanted to register it with the SEC to make sure they didn't come after me in the event I decided to raise money.

So, you know, I have this company called lazy.com. So all it is is a place for you to show your NFTs. So if you go to lazy.com slash mcube and you get to see the NFTs that I own. I wanted to register it with the SEC to make sure they didn't come after me in the event I decided to raise money.

When you go in and start filling out the forms, you find out immediately that it's apples and oranges, that it doesn't, you're trying to fit a, you know, Something, you know, the round into the square. And it just doesn't work. And so all the crypto industry has asked for is to modify the forms and the regulations to be suitable to crypto. It's not that, you know, we don't want to register.

When you go in and start filling out the forms, you find out immediately that it's apples and oranges, that it doesn't, you're trying to fit a, you know, Something, you know, the round into the square. And it just doesn't work. And so all the crypto industry has asked for is to modify the forms and the regulations to be suitable to crypto. It's not that, you know, we don't want to register.

It's just like oil and energy has got their own special set of forms with the SEC. Finance has got their own special set of forms. Crypto needs a special set of forms. That's all anybody's asked for.

It's just like oil and energy has got their own special set of forms with the SEC. Finance has got their own special set of forms. Crypto needs a special set of forms. That's all anybody's asked for.

So that's a deep, deep, deep question.

So that's a deep, deep, deep question.

That's a deep question. So regulatory capture is a real thing. The bigger companies can introduce regulations that make it harder for the smaller companies to compete. They can introduce friction that makes filling out forms and all these things very much more difficult to even get started.

That's a deep question. So regulatory capture is a real thing. The bigger companies can introduce regulations that make it harder for the smaller companies to compete. They can introduce friction that makes filling out forms and all these things very much more difficult to even get started.

Yeah, and that's where AI more than crypto. Look, just to wrap up on the crypto side, there's this thing called DAO, D-A-O, right? Distributed Autonomous Organization, I think is what it stands for. And with DAOs, it's really easy to set it up so that for anything to happen within that blockchain or within that organization with those smart contracts has to be voted on.

Yeah, and that's where AI more than crypto. Look, just to wrap up on the crypto side, there's this thing called DAO, D-A-O, right? Distributed Autonomous Organization, I think is what it stands for. And with DAOs, it's really easy to set it up so that for anything to happen within that blockchain or within that organization with those smart contracts has to be voted on.

And it's voted on by people who actually own the cryptocurrency, which could be, well, it's not Doge, but there's other types of cryptos. So this is crowdsourced, it's a crowdsourced regulatory idea? Yeah, I wouldn't call it crossover, but it's a progressive's dream.

And it's voted on by people who actually own the cryptocurrency, which could be, well, it's not Doge, but there's other types of cryptos. So this is crowdsourced, it's a crowdsourced regulatory idea? Yeah, I wouldn't call it crossover, but it's a progressive's dream.

We don't from each according to their ability to each, you know, it's just, you know, it's everybody gets an equal vote and whatever the crowd, whatever the group decides. And it's up to the Dow to set up the principles of it and what's voted on and what, you know, is it a majority, a super majority, whatever it may be.

We don't from each according to their ability to each, you know, it's just, you know, it's everybody gets an equal vote and whatever the crowd, whatever the group decides. And it's up to the Dow to set up the principles of it and what's voted on and what, you know, is it a majority, a super majority, whatever it may be.

Um, and then you get to decide, and that goes into evolving that digital currency or the digital applications that are there. So that's on one side that those haven't really taken off. I thought, really thought they would a lot more than they did, but they have not. Then there's using AI. And so there are things like NEPA, right?

Um, and then you get to decide, and that goes into evolving that digital currency or the digital applications that are there. So that's on one side that those haven't really taken off. I thought, really thought they would a lot more than they did, but they have not. Then there's using AI. And so there are things like NEPA, right?

Which go into, um, the environmental protection stuff, um, to try to find out that there's a little frog or whatever before something's built.