"If Developers Aren't Protected, We've Lost the Plot" - Solana Policy Institute CEO

Summary

The Solana Policy Institute CEO discusses the shift in crypto policy from whether to how to regulate, emphasizing the importance of developer protections, the value of prediction markets, and the centrality of public blockchains. He also highlights the ongoing need for education on Capitol Hill and the progress made in lawmaker awareness.

• Crypto policy has moved from existential debate to regulatory design.
• Developer protections are seen as critical for innovation and are close to a bipartisan compromise.
• Prediction markets are underrated as novel information-aggregation tools.
• Public, permissionless blockchains are the fundamental innovation, unlike private blockchain cycles.
• Education on the Hill has improved significantly but still needs to reach more participants in the policy process.
• The next phase after legislation passes will shift to educating the industry and new entrants.