Europe. 🇪🇺 Checkmate Crypto Policy. ♟️And Crypto Czar @DavidSacks . 🧑🏼‍💻 Why U.S. crypto friendly policy could deliver a checkmate blow to Europe’s capital market and Competitiveness Compass plan. Europe has around 100 to 150 days before the U.S. finalizes crypto-friendly regulations (GENISU Act) for digital assets, capital, and financial innovation. And when it happens, because it will happen, it will unleash a flood of risk capital to the US. Not just from U.S. investors, but from global investors eager to pour funds into stablecoin ventures and in the crypto ecosystem. The crypto economy has been technically feasible for a while. Now, Czar David Sacks will make it politically feasible. Fast. ✅ Payments will move online with stablecoins. ✅ Companies will raise capital online with stablecoins and tokens. ✅ Accounting and equity captables will move on-chain. In the near future. And here is the genius move: Any non-U.S. citizen, including Europeans will be able to invest smoothly in startups instantly with just a crypto wallet. As Balaji put it: “AI will make everyone a tech CEO, but crypto makes everyone a VC.” And... incentives move the world. This could outmanoeuvre and leapfrog Europe’s capital market reform plans. Czar David Sacks is not just a policymaker, he’s a Messi-level player on the field. With PayPal experience, legal expertise, and startup and VC instinct, he will push the U.S. into dominance in financial technology innovation. Is MiCA with its bank-like rules our answer in Europe? To top it off: the EC Competitiveness Compass Report (Jan '25) mentions crypto exactly zero times. ZERO. The European Commission forgets: we’re playing multiple chess matches at once. And our opponent? David Sacks, a literal master diamond member pineapple31 on Chess . com. Europe is playing Pawn to E4 with AI and Deeptech, and Defence tech, but David Sacks responds with Scholar's Mate. Will this be a checkmate for Europe? Thoughts? 🤔