Thread by @jchervinsky

1/ I'm excited to announce my new role as Head of Policy for @BlockchainAssn, the crypto industry's premier trade group in DC.

My sole focus will be crafting & advancing good crypto policy in the USA & abroad. This is our main challenge now. I'm all in.

Why BA & what's next 👇

2/ Crypto took the world by storm in 2021.

Bitcoin is legal tender. DeFi is a nine-figure sector. NFTs are on every magazine cover. Web3 has tech giants struggling to keep up.

At this point, it's impossible to deny crypto's geopolitical, macroeconomic, & cultural significance.

3/ As always, success brings attention, & lately the crypto industry has gotten more than its fair share of attention from regulators & policymakers.

In general, that's good & healthy: it shows government recognition that crypto is here to stay & must be taken seriously.

But...

4/ ...like many disruptive technologies, crypto presents a major challenge to the status quo.

Many of the legal & regulatory frameworks governing legacy institutions aren't a good fit for the new digital world we're building.

Yet, public policy has been painfully slow to adapt.

5/ It's time for us to take charge of this debate, & @BlockchainAssn is leading the way as the unified voice for the crypto industry.

BA's membership includes top companies from every corner of industry, an unparalleled chief in @KMSmithDC, & a highly skilled & passionate staff.

6/ Over the last few years, I've had the pleasure of working with BA on many policy issues in my role as @compoundfinance GC.

So when Kristin & I began discussing this job—building out & running the industry's legal & policy function in DC—I had zero doubt. This is why I'm here.

7/ I'm genuinely fired up about focusing my time & energy on this mission.

In case you don't know, I'm a true believer in Bitcoin & the entire crypto movement. I spent a long time diving deep on DeFi, but now I'm excited to broaden my scope & represent the entire industry in DC.

8/ I'm also thrilled to be joining BA alongside @dfgrimaldi, our new Head of Government Relations.

Dave is a DC veteran with a record of excellence & a passion for crypto, & he knows how to get things done. The crypto lobby is leveling up:

https://twitter.com/dfgrimaldi/status/1458191807175659527

9/ So, now what?

I won't lie: we've got our work cut out for us. We have some big problems to triage (like the infrastructure bill), some new challenges to defend against, & many many policymakers to educate.

It's also time for us to go on offense. More on that soon, I promise.

10/ Finally, as part of representing the industry in DC, I also hope to represent *you*—the users, the builders, the folks who care deeply about how this all unfolds.

Our community is our strength. We have to do this together. It's the only way.

(But I'm still not your lawyer.)

11/ As I've said, I think the next few years will be the most important in the history of crypto policy, either before or after.

It's my honor & privilege to advance our shared vision of the future via @BlockchainAssn.

You'll hear from me, & I expect to hear from you. ✊

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