I attended a super insightful fireside chat with pro-crypto SEC Commissioner @HesterPeirce on the future of the digital assets industry in the US! Here are the takeaways I found most interesting: > Hester Peirce believes that the best way to protect the future of the crypto industry is to build useful products that no administration will want to get rid of > Some teams have the mentality that anything goes now (“crime szn”) and that there’s no need to engage with the SEC. Peirce says that the SEC has a lot of competing priorities, most of which are not crypto related, so it’s helpful to hear from crypto builders what the most important focus areas for the crypto space are today to inform their crypto priorities > In an era where TradFi is adopting crypto at unprecedented rates, Peirce said it’s been a positive development because it wasn’t as easy previously due to lack of regulatory clarity. She also mentioned that crypto companies can learn from the experiences of TradFi companies that have been around for longer > Given the recent growth and momentum in the crypto space, Peirce cautioned that builders should use “cold rationality” to think through when it actually makes sense to tokenize an asset, when leveraging crypto tech makes sense, what problems builders are trying to solve for users, and so on > Peirce ended by saying that she’s always been inspired by crypto builders in the space, especially those that were building for years during periods of regulatory ambiguity This event was organized by @RealMamaCrypto, a community of working moms in the crypto industry (great guest considering Hester Peirce’s nickname is “Crypto Mom” for being an advocate of the crypto industry for so long)! Shout out to @thejoycelai and @ThaniaCh, two lawyers who moderated the conversations with dexterity and great energy.