According to @EleanorTerrett, whose CryptoAmerica coverage was referenced by Christopher Perkins, discussion centered on @RepDavid's Letter of Marque bill and the view that privateering is a way to restore on-chain security as markets tokenize and trillions move onchain (source: X post by @perkinscr97 on 2025-08-22, https://twitter.com/perkinscr97/status/1959037086675185909). For traders, the post indicates active U.S. policy attention on securing tokenized markets, a theme tied directly to how capital and tokenized assets may operate onchain if such frameworks advance (source: X post by @perkinscr97 on 2025-08-22, https://twitter.com/perkinscr97/status/1959037086675185909).

According to Eleanor Terrett, a recent article by @perkinscr97, president of CoinFund, and @giancarloMKTS, former CFTC chair, discusses the strategic use of privateering to address state-sponsored hacking threats in the cryptocurrency market. This approach involves the government enlisting private sector expertise to enhance cybersecurity measures, potentially stabilizing market conditions by reducing hacking risks (source: Cointelegraph).