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Bob Hale
@bobhale
The White House crypto summit perfectly summed up the problem with the current administration’s approach to crypto. Let’s talk about it… 🧵
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Sarah Shtylman
@shodyesq
Generally agree with these observations but what would you propose as an alternative approach? What would you like to see happening instead?
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Bob Hale
@bobhale
A consumer-focused approach. How can crypto be made safer and more accessible for the average person, how can more people be encouraged to use crypto and other digital assets, platforms etc. Unless there already is one the US needs a crypto/blockchain consumer group. An organisation which fights for and represents those using crypto as a decentralised currency or a short term investment rather than just as a store of wealth. That’s not to say it should be used as a store of wealth, but only catering to the crowd who are using it for that reason is problematic. Because crypto wasn’t built to be just that, another asset for the wealthy
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