@merlinegalite
Regulation can have drastic consequences on businesses, for better or for worse.
The nuclear industry in the US serves as a good example: a flawed regulatory framework stifled progress and deprived us of a valuable weapon in the fight against climate change. This provides many lessons on what NOT to do in regulating DeFi and web3.
(I wrote about it on @paragraph here: https://paragraph.xyz/@merlin-egalite/flawed-regulatory-framework-the-nuclear-case)
On the other hand, comprehensive regulatory frameworks and decisions made on common sense can boost innovation and growth.
So we're left with the following question: Do we want to foster innovation and improve Europe, or stifle progress and make it worse than where we began?