crypto industry

“There's very few companies, if any, that still use phone numbers and SMSs as two-factor authentication mechanisms.”

“They've basically subverted the rule of law to attack The crypto industry.”

“The SEC has been against that because they're not really for protecting consumers. They're you know, just for wrecking the industry.”

“One of the really remarkable things about the whole crypto crackdown was, you know, the claim, the lie, and it was clearly a lie, and I'll explain why, was that, oh, we have to protect consumers. But as they were, you know, basically terrorizing every complian…”

“And you know, it was very unfair because again, these founders wanted to comply with the rules, but they weren't told what they were. And that was all part of a deliberate strategy, I think, to drive crypto offshore.”

“One of the things that is very different between crypto and AI that we've noticed is that on the crypto front, everybody just wanted rules and the industry was relatively unified.”

“And you know, and there, and as a result of that, basically the whole crypto industry was in the process of moving offshore. And America, I think, was being deprived of this industry of the future.”