Japan

Broadcasting from Colorado on March 5 2025, he addresses the speculation the crypto industry blows out of proportion, here the March 7 White House gathering.

His people know people on that side but no invitation came Monday, Tuesday, or Wednesday, so he assumes he is not invited to the 4 hour round table.

Reminds international viewers that the president signs laws while the legislative branch writes them, so the stablecoin and market structure bills carry the permanent action.

Before Elon Musk can put the US government on blockchain via DOGE, NIST and agencies must define blockchain and digital assets and set FIPS standards for an RFP.

The federal gears are slow and many jump the fence for optics, while he consistently dines with current and former congressmen and senators to mark up legislation.

His organization reviewed early drafts of FIT and FIT21 for years, and back in November he said the action is legislative since executive policy remains unclear.

IO has a policy office led by Joel Telner with Cynthia, who was photographed with Bo Hines and engages the industry groups Perry and others lead.

SEC and CFTC working groups are being spawned to standardize definitions, and the defense and cybersecurity sides have not even started, since the government is a leviathan.

IO made meaningful attempts to reach the transition team about a crypto reserve, but nobody knew the plan, hearing first of an advisory council then of White House gatherings.

The summit's 6 day notice sparked clamoring, with a second event for 75 more people, but any policy still has to pass through Treasury, the CFTC, the SEC, and Congress.

Asks what an American cryptocurrency even is, noting Ethereum was founded in Switzerland by a Canadian, so no tax on US crypto is a feel good statement without teeth.

Bitcoin's founder is unknown and its hash power is not mostly US, and despite hard trying IO never got clear answers on being in the meaningful policy rooms.

On the David Lin show he confirmed he knew nothing of ADA being selected for the reserve, waking Sunday to over 150 congratulatory messages with no idea why.

The executive branch is busiest with wars, tariffs, and deportations, so for lasting rules the legislative branch has the luxury of depth and time.

Cites the Securities Exchange Act of 1933 under FDR, with Joseph Kennedy as first SEC chair, still relevant today via the Howey test from the 1940s.

A market structure bill could define crypto for 50 to 100 years, transcending any one administration, Congress, or set of industry leaders.

Domain experts who should be in the room are not, like Leemon Baird of Hedera, Silvio Micali of Algorand, Avery Ching of Aptos, and Benjamin of MultiversX.

A 25 person invite only White House event cannot hold the hundreds of needed experts, so alternative structures are needed and international regulators must engage too.

Lists the global regulators who should engage: ADGM Abu Dhabi, VARA Dubai, the FCA, FINMA, Singapore's MAS, and Japan's JFSA, many regulating longer than the US.

A crypto transaction can hit every country at once via UTXO, making it the most illegal transaction possible, since a cryptocurrency can be twelve things at once like a financial stem cell.

US law must give agencies flexibility to harmonize globally, balancing self regulatory versus administrative organizations, a problem no one bill resolves.

He last spoke to Congress in 2022 and will return to different lawmakers, warning the industry not to treat policy like The Bachelor of in crowds and out crowds.

The in crowd changes fast, recalling the government brutally attacking Coinbase, Kraken, and XRP, and now ADA is embraced for the reserve, a whiplash.

To be nice to everybody and avoid absolutes, and his goal is legislation still relevant decades on like the DMCA that founded the internet.

Durable law requires humility about what the US does not know versus Europe's MiCA and the Middle East, and needs bipartisan input.

People of different political persuasions represent tens of millions and must be at the table, since crypto serves good causes both the left and right care about.

Cryptocurrencies belong to every human as a bulwark of human rights and god given freedoms, and no political party deserves to be their custodian.

He flies to Japan on Friday assuming he is not at the event, and his primary job is not lawmaker but crypto CEO chasing adoption, Leios, Bitcoin DeFi, and Midnight.

He was saddened by the Biden administration's harm but Cardano is for the world, citing Africa, Kenya, and the Argentina constitutional convention with 50 flags.

Everyone from Mongolian camel herders to Middle Eastern kings is equal under what the ecosystem builds, a truly global technology Satoshi and Vitalik remembered.

He will be in Japan Friday with the community that trusted them in 2015 to discuss the budget and roadmap, and will engage regulators across every continent.

ADA stands for Ada Lovelace, who gave humanity the first computer program, a message every holder honors regardless of nationality as empires come and go.

Cites the newly announced woolly mouse from a company he invested in, marveling at a world reshaped from the bottom up where the people, not the president, hold the power.

Crypto proves hundreds of millions can coordinate a winning parallel financial system, and the real reason it exists is to transcend governments, not depend on them.

Policy helps but everyone must decide what they believe, a choice he made young campaigning for Ron Paul, staying because he can still make a difference.

Thanks the Japanese community as the heart and soul of Cardano's beginnings, promising to keep traveling to finish the budget, roadmap, Leios, Midgard, and Bitcoin DeFi at events like Token 2049.

Closes that America is his home where his bones will be buried, believing greatness comes not from accolades but from being tested and doing the hard, less popular thing anyway.