Thread by @jchervinsky

Here's the truth: we've dodged most of the regulatory fire so far, but things will likely get worse before they get better.

To the extent I seem overly optimistic, that's a strategic choice. It's the best way to be effective, & when I *do* need to sound the alarm, you'll listen.

But when I say "we will prevail," as I often do in the course of explaining some enforcement action or proposed legislation or whatever, I mean it.

It won't be easy, there'll be hard days, & I don't know exactly what path we'll take to get through. But we will.

It's inevitable.

One of our huge advantages is our ability to coordinate online. We're digitally native: this makes us fast, broad, & effective in a way few other movements have been.

It's the same reason Bitcoin took off in the first place; the same reason everything we're doing has momentum.

To press that advantage, we'll need to conduct much of our government affairs campaign in public.

That means learning how to communicate, how to work together, how to speak with one voice. Nobody's ever done this before on the scale we need to. It'll be tough.

It's inevitable.

So, here's my ask:

Let's all recognize that we're in uncharted waters, that we're trying to do something big here, that the challenges are great, that we'll make mistakes, but at the end of the day, we'll do it all together.

We'll prevail together. There's simply no other way.

Those challenges will come in many forms, but the only one that truly worries me is the time-tested strategy of divide & conquer.

The outrage machine has turned its eye toward us. We can't fall for it, we can't feed it.

We have to stay focused. We have to be patient.

To close out this stream of thought:

I expect the next few years will be the most important in the history of crypto policy, before or after. It's up to us to create the future we want for the world. Nobody will do it for us.

We will prevail.

I'll have news next week.

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