The government isn't the innovator, the innovator is the entrepreneur. Which is why we've got to make sure these rules are in place. So the entrepreneurs can say yeah, I can do that. We wouldn't have had an FTX if we actually had a structure that people could look at and say, well we got to do business in the US. Even if it was a tougher government to deal with just one that was open to engagement. Take a meeting. I mean, you know some of the. (20:21–20:30)
CLAIM
Asserts that a proper regulatory structure could have prevented the FTX collapse.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
