Unchained

Why Crypto Twitter’s Disrespect Toward Regulators Is a ‘Really Bad Business Decision’ - Ep.342

Apr 19, 2022
Chris Lehane, Chief Strategy Officer at Haun Ventures, and Niki Christoff, Founder of Christoff & Co., dive into the crypto industry's rocky relationship with Washington. They discuss how disrespecting regulators is detrimental to business and the importance of engaging respectfully with lawmakers. They draw parallels between crypto today and tech giants in the 90s, explore the impact of crypto donations on elections, and emphasize grassroots advocacy. Both agree that fostering bipartisan support could unite the political landscape for crypto.
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ADVICE

Town Hall Power

  • Engage directly with lawmakers by attending town halls and asking pointed questions about crypto and Web3.
  • This demonstrates genuine voter interest more effectively than online interactions.
ANECDOTE

Targeted Ads

  • Chris Lehane’s Airbnb ad campaign strategically targeted D.C. policymakers.
  • Geofenced ads featured local hosts explaining homesharing's benefits, demonstrating effective messaging.
ADVICE

Back Incumbents

  • Support incumbent politicians rather than challenging them, as incumbents have a higher chance of reelection.
  • Donating to incumbents can foster positive relationships and influence policy more effectively.
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