This interview podcast features Laura Shin interviewing Chris Dixon, managing partner of A16z crypto, the day after President Trump signed an executive order prioritizing crypto. The conversation covers the impact of previous administrations' regulatory approaches on the crypto industry, focusing on the negative effects of "regulation by enforcement" and the resulting chilling effect on innovation. Dixon discusses his hopes for the new administration's approach, emphasizing the need for clear rulemaking and legislation to foster growth while mitigating risks, particularly regarding stablecoins and market structure. He also touches upon the intersection of AI and crypto, predicting increased application-layer innovation and the potential for AI agents to participate in the crypto economy. A concrete example provided is the need for clear guidelines on token classification to reduce legal uncertainty and encourage broader participation from banks and other financial institutions.