Molly Conger

And I think we're seeing them somewhat desperate to do that as we're seeing calls for, say, a Bitcoin strategic reserve, which is something that keeps coming up. The idea that the US government should personally stockpile Bitcoin, which they make a couple of arguments as to why they should do that, which are not very convincing even to some of the people in the crypto world. But

the sort of underlying thread through it is that if the U.S. government holds a substantial amount of Bitcoin, they won't be able to afford to let the Bitcoin price collapse or to do anything that might threaten the cryptocurrency industry. And so I think that's why we're seeing the attempts to, you know, sort of work crypto into government markets

the sort of underlying thread through it is that if the U.S. government holds a substantial amount of Bitcoin, they won't be able to afford to let the Bitcoin price collapse or to do anything that might threaten the cryptocurrency industry. And so I think that's why we're seeing the attempts to, you know, sort of work crypto into government markets

the sort of underlying thread through it is that if the U.S. government holds a substantial amount of Bitcoin, they won't be able to afford to let the Bitcoin price collapse or to do anything that might threaten the cryptocurrency industry. And so I think that's why we're seeing the attempts to, you know, sort of work crypto into government markets

checkbooks into the banking system, into traditional finance, people trying to get Bitcoin ETFs into your pension plans and your retirement funds and things like that is really to make it so endemic and so contagious, I guess, to the rest of the financial world that it's almost like this threat that they're holding against the government, which is like, all right, if you kill us, we'll kill you.

checkbooks into the banking system, into traditional finance, people trying to get Bitcoin ETFs into your pension plans and your retirement funds and things like that is really to make it so endemic and so contagious, I guess, to the rest of the financial world that it's almost like this threat that they're holding against the government, which is like, all right, if you kill us, we'll kill you.

checkbooks into the banking system, into traditional finance, people trying to get Bitcoin ETFs into your pension plans and your retirement funds and things like that is really to make it so endemic and so contagious, I guess, to the rest of the financial world that it's almost like this threat that they're holding against the government, which is like, all right, if you kill us, we'll kill you.

Yeah.

Yeah.

Yeah.

Maybe. I also think that if we're talking accelerationism, I think that one of the most interesting things that we're going to be seeing now is that the crypto industry has long argued that they have all this potential. They are just around the corner from reinventing the financial system to be wonderful and spectacular. And the only reason that they haven't actually...

Maybe. I also think that if we're talking accelerationism, I think that one of the most interesting things that we're going to be seeing now is that the crypto industry has long argued that they have all this potential. They are just around the corner from reinventing the financial system to be wonderful and spectacular. And the only reason that they haven't actually...

Maybe. I also think that if we're talking accelerationism, I think that one of the most interesting things that we're going to be seeing now is that the crypto industry has long argued that they have all this potential. They are just around the corner from reinventing the financial system to be wonderful and spectacular. And the only reason that they haven't actually...

made true on that is because of those pesky regulators that are stopping them from doing all the stuff that they want. And so they've spent years now vilifying the regulators, claiming that the industry would be so wonderful if these regulators would just let them innovate. And now they've got the regulators. They're in a world where they basically own the regulators.

made true on that is because of those pesky regulators that are stopping them from doing all the stuff that they want. And so they've spent years now vilifying the regulators, claiming that the industry would be so wonderful if these regulators would just let them innovate. And now they've got the regulators. They're in a world where they basically own the regulators.

made true on that is because of those pesky regulators that are stopping them from doing all the stuff that they want. And so they've spent years now vilifying the regulators, claiming that the industry would be so wonderful if these regulators would just let them innovate. And now they've got the regulators. They're in a world where they basically own the regulators.

All of the enforcement cases against them are going to go away. The friendliest possible regulations are going to be introduced. And now crypto doesn't have that excuse anymore, right? They can't just say that the reason we don't do anything useful is because these stupid regulators won't let us lend you Bitcoin or whatever.

All of the enforcement cases against them are going to go away. The friendliest possible regulations are going to be introduced. And now crypto doesn't have that excuse anymore, right? They can't just say that the reason we don't do anything useful is because these stupid regulators won't let us lend you Bitcoin or whatever.

All of the enforcement cases against them are going to go away. The friendliest possible regulations are going to be introduced. And now crypto doesn't have that excuse anymore, right? They can't just say that the reason we don't do anything useful is because these stupid regulators won't let us lend you Bitcoin or whatever.

And so I think, you know, there is going to be this moment where people are like, okay, so... do it now, you know, like do the innovation now. And it's going to expose a lot of the popsicle sticks and bubble gum that's holding up this crypto industry because they don't have that excuse anymore, which I think will be interesting.