Mike Lempress, Chief Legal Officer at Coinbase, speaks on an a16z podcast panel with Congressional Blockchain Caucus members about the speed of blockchain technology adoption.
“I think it won't be 10 years. I think in five years we'll look back and be surprised at how much the world changed. Much You know, similar to something like the iPhone or the internet itself, how quickly things changed in response to that.”
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“Certainly in Coinbase, we believe there has to be, the space has to be regulated. There has to be trust in the space, and in order for people to have consumers and others to have trust in the space, there has to be a layer of regulation so people know the rule…”
Mike LempressJan 2, 2019▶ 13:17a16z Podcast | The Blockchain, in Congress
Insight
Lempress: State jurisdictions provide safer regulatory laboratories than federal mandates
“I mean, one of the nice things in an emerging technology space, Is if you have 50, actually I think there's 55 different state jurisdictions because of territories and things like that, looking at it, if somebody makes a misstep, we can correct, or people can,…”
Mike LempressJan 2, 2019▶ 13:48a16z Podcast | The Blockchain, in Congress
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