CS7: From Big Law to Crypto Policy | Jonathan "Birdnals" Schmalfeld

So, but that's why I didn't really get involved in, I was buying and selling crypto back in like 2015 or so, but wasn't really practicing in there because it was only securities law at that point kind of thing.

But I like the idea of these are like new applications of these laws to these new asset classes and things.

So then when NFTs came along, I had a copyright.

I had a trademark background.

I had consumer protection background.

NFTs were like the coolest thing to happen to IP law.

It was great.

It was great.

Yeah.

I'm still a

believer.

I still think that there is a good use of being able to own the digital goods that you buy, whether it's like a Kindle or an Amazon movie or things like that.

The better way to do that is through NFTs, through digital assets.

You can actually transfer when you're done with them.

Haven't hit there yet.

I don't think the market's quite there yet where people

are demanding that.

No, but the technology is exciting.

I always say like NFTs, they had their hype and their craze and it was so much fun.

Yeah.

A lot of money came in and out of the market very quickly.

But I think one of the lasting things that we will hopefully continue to see after people like wipe off their, you know, overcome their wounds is the communities that were formed around these things.

Yes.

And also the creative IP that was forced and the creative way of looking at IP.

And obviously, just in terms of all the kind of fractional ownership and stuff like that, the technology was exciting.