1/ Today @cdixon and I shared with the @a16z crypto team that I will be launching my own fund focused on crypto and web3 early next year. The current crypto fund will be my last at the firm 2/ When Chris and I started our first crypto fund in 2018, it was a moonshot experiment. Thanks to the hard work of many, it has exceeded both of our wildest expectations. Today it's more apparent than ever that web3 will transform the internet

1/ Today, our team @a16z crypto is excited to announce the release of How to Win the Future, a policy agenda for the third generation of the internet. a16z.com/2021/10/13/an-… 2/ We believe web3 represents the next generation of computing and will serve as the basis for new forms of economic and social interaction -- allowing people to collaborate, create, exchange, and take greater ownership of their digital identity and assets.

1/ Smart stablecoin regulation will be an important piece of modernizing the financial system. Today, we’re releasing a framework with our detailed vision of how policymakers could help usher in the next generation of democratized financial services. future.a16z.com/stablecoins-st… 2/ Over the past year, total stablecoin supply has increased 6x from $20B to $125B. Meanwhile, several traditional financial firms are piloting stablecoin integrations to make their existing infrastructure more efficient. These trends have prompted interest in regulation.

1/ Since the earliest days of our team (@cdixon, @alive_eth, @Iiterature @jessewldn, myself, and @apruden08) @a16z has been committed to participating in crypto governance thoughtfully, based on an early framework we developed that aligned with the ethos of the community. 2/ We've continued to refine that framework. Today, we’re sharing more information about our core governance principles including new details about the delegation program we pioneered beginning well over a year ago that @_jamico now helps run full-time.

a16z.com/2021/08/26/ope…

We @a16z (@bhorowitz, @pmarca, myself & @cdixon) just sent a letter to @SenSchumer and @LeaderMcConnell in support of the bipartisan Wyden-Lummis-Toomey Amendment to the Infrastructure Bill a16z.com/wp-content/upl… 2/ Our view is that the infrastructure bill is too important to be left vulnerable to future legal challenges based on the text as currently written

1/ A few thoughts on today’s Senate Banking Committee hearing on crypto 🧵The universe is so much bigger than just financial uses, and smart regulation must reflect that nuance. 2/ NFTs are emerging as a breakout solution that’s democratizing the creator economy. Other crypto protocols are decentralizing the way we store + access important data – @SenToomey noted one example w/ @ArweaveTeam preventing censorship.

https://twitter.com/jeffjohnroberts/status/1420024533281562624?s=20

1/ Announcing our investment in a new stablecoin project! @a16z is proud to be leading the round in Fei Labs, the team that is building out @feiprotocol. Also participating are @Coinbase @hiFramework @nascentxyz @Naval @variantfund & many more. What's @feiprotocol? More here 👇 2/ FEI is a stablecoin pegged to USD that introduces two new ideas: Direct Incentives and Protocol Controlled Value, or PCV.

1/ Read why @a16z opposes @stevenmnuchin1’s proposed crypto rulemaking that was dropped under the cloak of the holidays
a16z.com/2021/01/04/why… 2/ We welcome well-reasoned and well-vetted regulation in the crypto space, but trying to squeeze regulatory changes into the tail end of an administration w no process is a terrible idea

1/ There’s a reason the regulatory rulemaking process provides 30-60 days for notice & comment. So that those outside govt - consumers, industry, public interest orgs, academics, etc - have a meaningful opportunity to weigh in & provide viewpoints govt may not have considered 2/ In fact, agencies are encouraged to consider a longer comment period for complex areas. The global and distributed nature of crypto is nothing if not complex. The reason for this amount of time is simple: it’s about due process. The opportunity to be meaningfully heard.

1/ my talk👇 about how the btc blockchain was used to catch public corruption & money laundering -- by a pair of corrupt fed agents investigating the Silk Road who themselves extorted and embezzled. Had only fiat been used we wouldn't have caught this pair

https://twitter.com/a16z/status/1073989206786007041

2/ people who talk about the traceability of fiat and wires often haven't had much first-hand experience w/trying to obtain bank account records increasingly held overseas and the antiquated treaty process it entails, esp in fast-moving investigations

1/ Re Theranos recently had several DMs + Qs “could Holmes really get 20 yrs in jail?” Answer is yes but unlikely 2/ Stat max is 20 yrs meaning judge can’t go higher. But what drives actual prison term are these sentencing guidelines