Mike Selig

And I think it is today.

But the technology is really important here in the US.

You can't have AI without blockchain.

I think blockchain is a key check on that.

Well, I'm one of the rare few that got to use it before going into government.

So I fell down the Bitcoin rabbit hole back in 2011 and got to really test the technology.

But today, of course, I've divested.

We cannot hold digital assets, especially if we're regulating it.

So there are some exceptions for certain people, but we're bound by very strict ethics requirements.

So I don't own any of the assets today.

But of course, our staff, unfortunately, have similarly not been able to participate in these markets.

But we've been working to get demos in place and make sure they understand it.

But I do think that that has been a big disservice to the American people that the regulators, especially in the last administration, who never got to use this stuff, were trying to kill it here in the United States.

So.

Creating a framework where at least regulars can experiment with it, maybe use stable coins, things like that is very important.

It's silly you can't hold a Crypto Kitty or a Chromie Squiggle or an NFT or that sort of thing because they view them as financial assets.

I think that's something that we should change in the country.

Well, I was lucky to get to serve at the SEC on the SEC's crypto task force together with Commissioner Peirce who led up the task force.

And I found it to be just an incredible experience and a great initiative within the SEC because you had so many of these technologists,

builders, creators, as well as the larger financial institutions, who for so many years had no place to go.