Brian Armstrong

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Coinbase cofounder and CEO
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  • Should laws have expiration dates?
    One interesting idea for democracies is that you put a sunset clause in every law, where after 4 or 8 or 10 years or something, unless people actively go to reinitiate it, it sunsets and goes away. It might be interesting to have other ways to keep the amount of bureaucracy and overhead low. It takes two-thirds to add a new law, but it takes only 50 percent or less to remove a law. I also think that a lot of laws — they have these issues where people want to add in all these additional special interest things to get the votes, to get it approved. You get these laws that are thousands of pages. They have all these special interests inserted. But if you had some rule that was, every law should only be two pages maximum, otherwise it can’t be a law, you break it down into these smaller chunks that would be, actually, the law itself, and not these massive things that people didn’t read before they voted on. (2021) source Unverified
    Comment Comment X added 6d ago
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