Bankless 100M$ Fight for Crypto in D.C. with Ryan Selkis
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Jun 7, 2023 Ryan Selkis, the Founder and CEO of Messari, is a strong voice for crypto advocacy. In this engaging discussion, he dives into the urgent need for a $100 million investment to bolster pro-crypto efforts in Washington, D.C. Selkis outlines the challenges following the FTX collapse and the critical role of the Digital Freedom Alliance in navigating U.S. regulations. He stresses the importance of unified political strategies to counter misinformation and enhance representation for the crypto industry, urging listeners to participate actively in this fight.
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The Need for Action
- Inaction is not a viable option in the face of current regulatory challenges.
- Ignoring the political fight will lead to unwanted representation and negative outcomes.
Washington's Stance on Crypto
- Washington aims to prevent FTX-like situations, not kill crypto entirely.
- Key players in D.C. are hostile towards many crypto projects but have not explicitly stated intentions to eliminate crypto.
US Influence on Crypto Regulation
- The U.S. plays a crucial role in shaping global crypto regulation due to its influence.
- Other nations often adopt similar models, making U.S. policy highly impactful for the crypto market.