The U.S. government's war on cryptocurrency is disappointing, as it stifles innovation and control over this technology.

We believe that achieving clarity in crypto regulation is essential for innovation in the U.S., as the current lack of agreement among regulatory bodies is untenable.

Despite the challenges, now is a great time to work on crypto ideas due to advancements in programmable money and AI, but the regulatory environment in the U.S. makes it difficult for crypto to regain its appeal.

The current administration has extended the concept of debanking to tech founders and political opponents, creating a chilling effect on innovation and entrepreneurship.

Founders of a crypto exchange I worked with were traumatized after being sued by the government, highlighting the risks associated with building in the crypto sector.

Various government agencies, including the SEC and FTC, have been weaponized against industries like crypto and AI, which poses a significant threat to innovation and economic growth.

The failure of many crypto startups has negatively impacted the perception of all startups, leading to a reluctance among founders to pursue new ventures in this space.

The Biden Administration's approach to technology, particularly in crypto and AI, has been detrimental to innovation and entrepreneurship.

The tightening regulations from the Biden Administration have had a negative impact on businesses, leading to a realization that these changes are part of a concerted campaign against innovation and entrepreneurship.