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What do you need to do if you're the US government? I would argue you actually need to embrace crypto because crypto is the one thing that the Chinese government will not do. They don't want capital to leave China and not be in their control. They don't want to give away privacy ... All of the things that make crypto work are all of the things that the Chinese government doesn't want to do. So, I think if you're the US government, you like double-down on crypto... You like really embrace
it.
Avichal Garg
To Compete Against China, the US Government Must Embrace Crypto
#477 Avichal Garg on His Crypto Thesis
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