Speaker 2
But anyway, yeah,
Speaker 1
it seems like AI has taken some limelight away, which is great. We'll see if that continues to sustain as we get to build crypto backup from from what's happened over the past few
Speaker 2
years. So what advice would you give to founders and builders and other professionals investors working in this space when it comes to how to think about the regulatory environment? Should you be worried? Is there any actionable steps you can take?
Speaker 1
For me, I take the optimistic route, which is eventually all of this will be figured out. And so the best thing a founder can do is not worry about the regulatory flood, stay focused and build. And that's the asymmetric opportunity, right? Which is for every opportunity that's in the space, there's at least 100 startups are building for that opportunity. And crypto is probably less because people are worried about the regulatory flood and all the other food that comes out. And so your opportunity to make it in crypto, there's a higher chance for you to make it in crypto. So as long as you could see the life that I'm telling me, like, don't worry about the flood, don't worry about any of that, things will resolve if you believe in the core technology that crypto brings to the space. But
Speaker 2
in the US, there is undeniably an increased risk for founders, right? In terms of law enforcement. So well, it
Speaker 1
depends, right? Like if you're doing scams and stuff like that or hacks or whatever, then yeah, absolutely. So
Speaker 2
if you're building like, I don't know, like a developer tooling or some infrastructure or centralized business, I don't think there is an increased risk. But if you're launching a token or building like a DeFi or perhaps even in a tea marketplace, there's certainly an increased risk, right? Yes
