a16z(@a16z):.@pmarca has an answer for government inquiries into crypto use cases: "I've had these conversations with some lawmakers in DC where they say, 'I'm gonna support crypto now because if it didn't die during this whole period when we tried to kill it, then it must be good.'" "Which is the most reverse logic way I can think of to end up positive on something, but I guess I'll take it." "'Where are all the use cases?' Well, there was a five-year regulatory and prosecutorial assault that tried to kill it. Most areas of the tech industry never go through that." @pmarca @cdixon @rhackett

2026.08.05 22:04

.@pmarca has an answer for government inquiries into crypto use cases: "I've had these conversations with some lawmakers in DC where they say, 'I'm gonna support crypto now because if it didn't die during this whole period when we tried to kill it, then it must be good.'" "Which is the most reverse logic way I can think of to end up positive on something, but I guess I'll take it." "'Where are all the use cases?' Well, there was a five-year regulatory and prosecutorial assault that tried to kill it. Most areas of the tech industry never go through that." @pmarca @cdixon @rhackett