The Way To Get Better U.S. Crypto Regulations Is To Leave The U.S.
I used to believe in American exceptionalism until 2015. Now I believe we’re a banana republic, like everyone else. And that makes a lot more sense.
Rather than being exceptional, we were simply on an exceptional run as the dominant economic power. But, per the Ray Dalio graph below, that dominance, that exceptional run, has been in decline for a while:
And today, to me, it feels like our institutions are so broken that they’re beyond repair. The education system is broken. The health care system is broken. The judicial system is broken. The political and regulatory systems are broken:
While I don’t feel personally responsible for the way things are, I do feel personally responsible for the world I’m leaving my three kids (24, 21, 19). So while I applaud the efforts of Coin Center and so many others working within the system to try and make things…
