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This roughly lines up with my instincts fwiw; thanks for writing up

! We need

advocating for us online and making the bull case for blockchain And *I* would think that we need people hashing out the *details* in DC--implementing the will of industry.

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This week in Congress and Crypto: It is not too often a podcast is the talk of the town in DC, but the @BanklessHQ debate between @SBF_FTX and @ErikVoorhees was just that. As a former Hill staffer who worked on crypto legislation and current lobbyist, here are some thoughts...

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With respect, I am not here to make the "bull case for blockchain." I've done nothing of the sort during our discussion. I am here to remind the industry of the *moral/philosophic principle* on which this industry exists: that money should be separated from state.

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sorry, my phrasing was lazy -- I wasn't trying to refer to prices or to imply that it was stronger than what you thought--just that, in e.g. DC, people would generally interpret what you say as "one of the most pro-blockchain beliefs" Which is good! Someone has to express it.

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If I may be pedantic... even that phrasing is missing the mark. What I'm conveying isn't advocacy of a technology for tech sake. It's not "pro-blockchain." It's about the *principles* enabled by such technology. Pro-liberty Pro-crypto Pro-market These would be better choices.

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So I agree with you about what you're saying but I still think it is likely true that, in DC, *it would be interpreted as* "one of the most pro-blockchain beliefs" maybe I'm wrong about how it would be interpreted in DC, though!

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You may be right about the distorted perspective from DC Perhaps an appeal to liberty can't even register in such a place... but that says more about DC than about the appeal.

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agreed, it does! which fucking sucks. but also is, I believe, how the world happens to work. and I believe that we should acknowledge that unfortunate fact (if it's true!) and strategize accordingly.

6:18 PM · Nov 1, 2022Twitter Web App

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SBF wins this round, but you're only like 1-4 now so don't get cocky

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Let us have the courage to change how the world works.

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@ActThinkRepeat

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Spend your valuable time talking through what a desirable v1 policy outcome looks like. The messaging and incentives should be crafted for the recipient, not the speaker. Pragmatism > Principles for the marginal voter in Congress.

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If one believes that regulating front-ends destroys the permisionlessness of crypto in practice, and that such permissionlessness is core to its value in the world, then taking the play that's lower probability, but leaves front-ends alone, is EV maximizing.

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SBF, the more you talk the less I like you and what you stand for. You are letting DC walk over you like you're some limp doormat. Deleting my FTX account.

@RockmanStewart

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It would be best is blockchain and cryptocurrency regulated itself. People should be free to choose which system they prefer, wether it be fiat, cbdc’s, or Bitcoin. The government always thinks they know best and they need regulations to protect us. But they don’t, It’s 2022.

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This a good statement. Acknowledgment of reality as it is and not as it should be, is vital to adopting the proper “strategery” to effect change. Just remember, progress requires change but not all change is progress.

Jonathan D. Kushner

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There is no wrong in reconciling pragmatism as a vehicle with an agreed upon ethic as our end goal.

Jonathan D. Kushner

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Tie, both correct

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