One of the things that’s so difficult about policy in the crypto space is that at any moment any random bill can be dropped. And while that bill may not advance, future bills might borrow language from that bill, says MartaBelcher. Consensus2023
The battle is looming and is real. The battle, as Marta Belcher sees it, is the fight for online privacy, censorship resistance and freedom from surveillance.
Pre-Snowden, we had no idea. And post-Snowden we know, but we don't necessarily think about it or pay attention to it. And I still find it extremely chilling. And I'm very interested in the idea that we can create technologies that enable us to actually import anonymity, resistance to surveillance, and resistance to censorship. So cryptocurrency, to me, fundamentally, is such an important tool for civil liberties.
And, of course, that's not actually possible, right? If you're a miner or a validator, the whole point of this technology is that you have no idea who's using the software. That's the point. So compliance is not just onerous but literally impossible in blockchain networks. It really would grind the blockchain ecosystem in the U.S. to a halt.
Earlier you said that these battles are not just about crypto but have implications beyond the space. How so?
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