Completely agree. The DAOs, NFT space and similar other spaces are growing beyond the traditional cryptocurrency theme. They are more than currencies. They have become a governance structure and a new way to invest in companies. NFTs are challenging the whole ticketing, marketing and merchandise industry as we currently know. To encompass everything into one bucket is a mistake. It is funny and extraordinary to witness the increasing reach of blockchain tech in every aspect of our society and existing industries. I don't know how the regulations should work but I do know the current style of regulation where cryptocurrency are securities will not work.
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We are definitely growing in directions we didn't see coming. DAOs and NFTs definitely should change the narrative. This will eventually change everything in the financial industry. They need to get this right because if they don't they're going to hinder innovation and force these new companies into friendlier countries.
100%. I think that is the rule of the game. From the industry perspective, they will go to jurisdictions with friendly regulations. If the regulators in certain jurisdictions like El Salvador promote and develop friendly regulation, they will grab the attention and resources.