We have to recognize that the regulatory environment is crucial for fostering growth and innovation.

Regulatory barriers are hindering the construction of essential energy infrastructure, such as nuclear and natural gas power plants, at a time when energy is critically needed.

The current administration has improved the process for building and launching facilities, but we still face significant delays in obtaining permits and energy connections in California.

Regulatory challenges can hit unexpectedly, similar to being punched in the face, and startups must be prepared to navigate these issues as they arise, particularly with short-term rental laws from Attorney Generals who can impose serious consequences.

We don't fully understand the alignment problem, and new findings emerge frequently, complicating regulatory responses.

The environmental regulations and adversarial legalism that emerged in the 1960s and 1970s have made it increasingly difficult to build necessary infrastructure, leading to a decline in growth initiatives.

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.

Going public introduces operational overhead due to compliance and regulatory requirements, which can distract from focusing on customers and products.

Our biggest problem as a company is that we cannot act like an Internet company when opening a new market; we have to partner with local banks and navigate different regulatory environments.