Marc Andreessen: “We need a stable, permanent regulatory structure for crypto in the US.” “We need it so that it doesn’t result in more FTXs. And we need it so that people’s money doesn’t get stolen.” “We’re not looking for a free lunch. We’re not looking for subsidies. We’re... not looking for protectionism. We’re just looking for a basically permanent framework that lets people do business in a responsible way.” Marc Andreessen 🇺🇸 on why the US needs the kind of permanent crypto framework the CLARITY Act would create.show more

And when that happens, we'll need more onboarding schools and trading schools. @pmarca join us.

yea, just turn off pumpfun already it's not that hard

@a16z Not looking for protectionism is a strange line from a firm whose portfolio benefits directly from the exact rules being written. The ask is not neutral just because it is framed as neutral.

Clear, consistent regulation is exactly what the industry needs to move from the experimental phase to true, long-term stability. It’s a vital step for building the kind of trust that protects users and fosters real innovation. Looking forward to seeing this progress.

when the rules are clear, teams can focus on building instead of spending half their runway on legal opinions

@SenateDems @SenateGOP

beard era of marc andreessen?

@a16z Permanent framework is the real ask here. Whether that clarity favors incumbents over everyone else is the fight, and that is what the seven holdout Democrats are arguing about.

Maybe the equivalent structure for Green Shield stamps can serve as guidance?

We just want clarity

Somewhere between MiCA and USA would be a sweet spot.

The FTX angle is spot on. Clear rules would've caught that mess way earlier than vibes-based enforcement did.

Go to hell you egg-headed alien

@a16z FTX was fraud that existing law already covered. A market structure bill would not have stopped someone lying about where customer money was.

“We’re not looking for a free lunch. We’re not looking for subsidies. We’re not looking for protectionism. We’re just looking for a basically permanent framework that lets people do business in a responsible way.” Who creates and pays for this “basically permanent framework”?

The point about fly-by-night operators really stood out. Permanent rules should make responsible businesses easier to trust and bad actors harder to hide.

Quyền kiểm soát trung tâm mới không ngăn được FTX. Kẻ lừa đảo vẫn tìm cách lách luật, framework chỉ làm khó người chơi thật.

FTX那事确实该长记性，但光靠一个法案就能防住下一个SBF？我倒想看看执法预算和跨境协调怎么跟上，不然框架再稳也是纸糊的

vi a galera torcendo pra cair no green antes da regulação bater e limpar o jogo

Why tf is it so hard to break into crypto

这下总算说到点子上了哈