# US Government Support of Crypto > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [455]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2025-10-22 (YouTube upload date), https://www.youtube.com/watch?v=DEzXfC1pLE4. Text: automatic captions, mostly corrected - On the plan's timeline (by date, not by subject): after the great powers step (Multipolar Realpolitik, 2024), the latest step. - How it fits the plan (the research build's reading): Ledger politics. - Career works it belongs to: - The New Economy: out of money, out of time, but not out of ideas (2010): One-page paper: the richest fifth are eating the planet, so the next economy has to be at peace with other... (suggested by machine) - The Big Deal (2011): Four-essay blog series arguing that government has hit hard limits, so civil society, working with... (suggested by machine) - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - goat rodeo to warlords: The goat rodeo idea, from a 2010 blog post to a 2011 one-page paper to the opening chapter of Warlords, Inc. (2015). (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - Topics: Bitcoin, libertarianism & the state (100%) - Distinctive terms here, against the whole archive: stablecoin (1 here; 25 sources in all, earliest dated 2016); stablecoins (1 here; 26 sources in all, earliest dated 2015) - Importance: core-text score 0.11 (1.00 is the top), number 547 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [463] [Global Currency Wars (2025)](https://guptaoption.com/texts/463.md); [461] [Text, Picture, Sound, Finance: The Digitization of... (2025)](https://guptaoption.com/texts/461.md); [458] [The Cryptodollar (2025)](https://guptaoption.com/texts/458.md) - On the same works, just after: [452] [Wall St vs Silicon Valley (2025)](https://guptaoption.com/texts/452.md); [449] [Just How Sovereign Is Your Crypto? (2025)](https://guptaoption.com/texts/449.md); [450] [Just How Close are we to the Tokenization Revolution (2025)](https://guptaoption.com/texts/450.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: US Government Support of Crypto, video, 2025-10-22, https://www.youtube.com/watch?v=DEzXfC1pLE4; in Vinay Gupta's archive at guptaoption.com, source [455], https://guptaoption.com/texts/455.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=DEzXfC1pLE4&t=0s) The relationship between the US government and the US dollar is like, you know, it's like somebody with their kitten, you know, it's like, oh, look, where's the kitten going? And if the kitten is going somewhere it shouldn't go, there will be a very long arm that will come and pick that kitten right up again. So, you know, it's like the price of having the US government support crypto is that the US government supports crypto. And, you know, is that the outcome that we wanted? Well, you know, and there's kind of a let a thousand flowers bloom. It's very nice to see that happening. At the same time, I'm very glad that we've got a lot of alternative approaches that are still also healthy. Yeah. Well, I mean, it's it's just if you join the financial system, you join the financial system, right? And you know that that is just kind of where we are right now when you've got the US government passing legislation that tells you exactly how you're allowed to issue a stablecoin. You are now players in the global financial system. And you know, that's fine, right? like, okay, we're doing that now as long as it doesn't stamp out everything else around it. You know, it's like at the point where they start killing alternative systems so that all you're left with is treasurybacked stablecoins. That's where you kind of move from the carrot phase of this game to the stick phase of this game. And there is probably a 70 or 90% chance that we never get to that phase because if you try it, you discover that the rest of the world still exists and still has sovereignty. and you just wind up with a massive defection where US users are using like Chinese blockchains or whatever it would be. You know, it's like you you can't necessarily nail the jello to the tree just because you're the US government. So, I think I think that we are not in a position where we're losing this game yet, but it is just very notable that we are playing this game in a different way and a lot of the people that are arriving don't understand that there were like three rounds before we got here. --- End of [455] US Government Support of Crypto. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [452](https://guptaoption.com/texts/452.md) Wall St vs Silicon Valley (2025); his whole career in one file, https://guptaoption.com/story.md.