$LOUISB_CRYPTO
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CZ: Uncertain About Receiving Subpoenas From Next US Administration Binance founder Changpeng Zhao (CZ) @cz_binance was asked in a June 18 CoinDesk interview whether a future U.S. administration could subpoena him again. CZ said he cannot accurately predict U.S. politics and [Spoken audio]: If the administration flips left, what does that mean for you? Do you worry about getting subpoenaed to answer about past dealings? Okay, so first of all, I cannot predict, like, I don't know US politics that well. When I was going through the difficult time I went through, I never expected US to, the next president will be pro-crypto. I couldn't predict that Trump will win. I also could not predict that his views on crypto policies, I just couldn't predict that. So the next administration for US, I cannot predict it that well, but I think doing this administration, crypto will grow significantly to the point where there's many public-listed crypto companies in America. The American public is heavily invested in crypto. I think most American politicians care about voters, so anybody who's anti-crypto now will probably lose quite a lot of votes. That's just me from a very outside third party kind of nervous understanding. Even if America flip-flops to an anti-crypto government again, I think the rest of the world will probably have adopted, we have progressed quite a bit. And crypto is a decentralized technology. It's a blockchain running 24-7. Bitcoin is not going to stop. There will be some negative impacts when this global superpower have negative policies or negative stance towards crypto, but the industry would have developed quite significantly. So it would be very hard to really back. And also, it wouldn't be sensible for America to adopt those kind of policies. Like, look, if you're anti-AI, you're just not going to have the AI industry, but the AI industry is going to develop in the rest of the world. Once the genius out of the bottle, once the technology is spread out, you can't delete it. There's no delete button to erase AI. There's no delete button to erase crypto. There's no delete button to erase the internet. You can shut down the internet today in one country. That's just really bad for that country. I think that part should be pretty clear to most American investors etc.
