“First they ignore you, then they laugh at you, then they fight you, then you win.”
xPrimer13 on
Its a change in politics. One party is for regulation, and to this industry it meant no rules and suing everyone. The other actually wants to provide rules and encourage business.
I don’t buy the AI agent narrative.
Optimal_Jump_8395 on
What’s surprising about it? The U.S. had an anti-crypto administration (Biden) with vocally anti-crypto politicians like Liz Warren and others. Now, the U.S. has a far friendlier administration (Trump). It makes a difference who’s in office. The current administration says they want the U.S. to be the crypto capital of the world, the home of innovation, and remain the leader in global finance across the board. There were stark differences between Biden and Trump. Elections matter.
LiquidityCompass on
The US didn’t suddenly “fall in love” with crypto. They realized fighting it while the rest of the world tokenizes assets, builds stablecoin infrastructure and competes for capital flows could become a strategic mistake. Once Wall Street, ETFs and sovereign competition enter the game, crypto stops being just a retail experiment.
Fear moves markets fast. Liquidity moves them far.
Do you think this shift is permanent now, or does the stance change again in the next real bear market?
DackNBills878 on
I don’t think this new admin has been friendlier to bitcoin than the previous. If anything this new party is simply friendlier to scammers like CZ.
Still no reserve in practicality and no actual useful bill was passed by LARP Cynthia Lummis.
Most vocal bitcoin/crypto adjacent people have left the admin. Now we’re stuck with idiot David Sacks
Edit: formatting and grammar
tapakip on
It was politics and that’s it. One party is overly onerous with regulations, the other one is not onerous enough. Everyone loves to say regulation is bad until they’re affected by something that most common sense regulations prevent, which are still lacking in the crypto space. Hopefully both sides figure out the happy middle ground eventually, but I won’t hold my breath waiting for that to happen.
CoffeeAlternative647 on
CZ who ? lol what a grifter
Top-Indication2999 on
Speculation here, but i think jason lowerys ‘softwar’ thesis was critical for this perceived shift. I dont think those at the top fully understand it, but the closer you get to the boots on the ground, they seem to have a pretty good grasp on the thesis. All we see are the headlines of trump trying to quote his advisors and sounding like a baffoon.
8 Comments
“First they ignore you, then they laugh at you, then they fight you, then you win.”
Its a change in politics. One party is for regulation, and to this industry it meant no rules and suing everyone. The other actually wants to provide rules and encourage business.
I don’t buy the AI agent narrative.
What’s surprising about it? The U.S. had an anti-crypto administration (Biden) with vocally anti-crypto politicians like Liz Warren and others. Now, the U.S. has a far friendlier administration (Trump). It makes a difference who’s in office. The current administration says they want the U.S. to be the crypto capital of the world, the home of innovation, and remain the leader in global finance across the board. There were stark differences between Biden and Trump. Elections matter.
The US didn’t suddenly “fall in love” with crypto. They realized fighting it while the rest of the world tokenizes assets, builds stablecoin infrastructure and competes for capital flows could become a strategic mistake. Once Wall Street, ETFs and sovereign competition enter the game, crypto stops being just a retail experiment.
Fear moves markets fast. Liquidity moves them far.
Do you think this shift is permanent now, or does the stance change again in the next real bear market?
I don’t think this new admin has been friendlier to bitcoin than the previous. If anything this new party is simply friendlier to scammers like CZ.
Still no reserve in practicality and no actual useful bill was passed by LARP Cynthia Lummis.
Most vocal bitcoin/crypto adjacent people have left the admin. Now we’re stuck with idiot David Sacks
Edit: formatting and grammar
It was politics and that’s it. One party is overly onerous with regulations, the other one is not onerous enough. Everyone loves to say regulation is bad until they’re affected by something that most common sense regulations prevent, which are still lacking in the crypto space. Hopefully both sides figure out the happy middle ground eventually, but I won’t hold my breath waiting for that to happen.
CZ who ? lol what a grifter
Speculation here, but i think jason lowerys ‘softwar’ thesis was critical for this perceived shift. I dont think those at the top fully understand it, but the closer you get to the boots on the ground, they seem to have a pretty good grasp on the thesis. All we see are the headlines of trump trying to quote his advisors and sounding like a baffoon.