
Please pardon my almost month-long delay in writing.
I’ve been busier than ever, and elements of my weekly routine fell by the wayside, including publishing this newsletter.
Anyway, I’m back to write a short rip for this week.
My Work In Washington, D.C.
I was back in D.C. on Wednesday to interview the Secretary of Commerce, Howard Lutnick, as well as the Executive Director of the President’s Council of Advisers on Digital Assets for the White House, Bo Hines, on the White House grounds.
Both of these interviews will be released via the Bitcoin Magazine YouTube channel and X handle tomorrow.
I also recently spoke about my work in D.C. with Natalie Brunell.
You can check out my interview with Natalie below:
We discussed how the United States should lead (not dominate) when it comes to Bitcoin.
And we also talked about why it’s important to attend Bitcoin Conferences — like Bitcoin 2025, which takes place next month — especially if you’re looking to get more involved in the Bitcoin space.
I hope you dig the interview!
Bitcoin Mining Must Remain Decentralized
One of the reasons it wouldn’t be good for the U.S. to dominate Bitcoin mining is because if too much of the Bitcoin hashrate is concentrated in one country, then the government of that country could have more power to censor which transactions go into Bitcoin blocks, undermining one of Bitcoin core value propositions — its censorship resistance.
I spoke about this with Troy Cross, who masterfully described how Bitcoin isn’t like other tech industries in that it actually hurts the project if one country dominates the network.
Bitcoin Is Money
In the United States, many people talk about bitcoin as capital or an investment. While it’s correct to conceptualize it as both of these things, it’s important to keep in mind that it’s also money.
I spoke with Femi Longe, Global Bitcoin Lead at the Human Rights Foundation (HRF), about why it’s essential that bitcoin succeeds as money, especially in regions like Africa, Latin America and Southeast Asia, in a recent interview I conducted with him at MIT’s Bitcoin Expo.
Bonus Video
While at MIT, I also sat down with the former Chairman of the CFTC, Tim Massad, to discuss how to balance user privacy with the government’s desire to surveil bitcoin and other digital asset transactions for illicit activity.
I appreciated Massad’s willingness to engage in this conversation in good faith.
As I said, quick rip this week.
Hope you’re all well, and big hugs to everyone!
Best,
Frank
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