Lawmakers Didn't Understand Gmail
“They did not understand how Gmail worked. They had a fundamental lack of understanding about how basic email worked.”
Transcript
Something I think about a lot in this started at public was any sort of regulation that involves tech. You really see the gap between the understanding of the people building in the industry and the people making the laws. And I remember seeing this coming up in digital marketing and we all remember that congressional hearing where it was very clear.
I forget who it was, but they did not understand how Gmail worked. They had a fundamental lack of understanding about how basic email worked. Same thing with ad targeting. And so I think what I've asked a lot of people about it as I've gotten immersed in crypto is if that feels similar or different.
I think the difference with crypto and fintech is there's a lot more collaboration between the people building in the private companies and the people making the policies which I think is so important because we've all seen