Silicon Valley venture capitalist Andreessen Horowitz: Digital currency can solve network problems

Andreessen Horowitz, a Silicon Valley venture capitalist, recently hosted a conference between US official financial regulators and encrypted start-ups to strengthen communication between financial regulators and the encryption industry. Many of the start-ups are funded by the Andreessen Horowitz Foundation. Some participants said that the information sent by the official Washington administration was not friendly. J. Christopher Giancarlo, chairman of the US Commodity Futures Trading Commission, who stepped down in July this year, said at the meeting that the regulation of encryption cannot be ignored. Fund spokesperson Kim Milosevich said that “regulation itself is not a problem. The problem is that there is a lack of transparency in the field of encryption, and digital currency can cure the problem of the network.”