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@chaskin.eth
Ethereum enables global capital formation, but it’s mostly been used for grift. I blame Uncle Sam (https://x.com/ErikVoorhees/status/1917378545409745121) What if we tried ICOs again, now that regs are laxer? A fairer model for anyone to invest in startups, not just rich Americans Believe in SomETHing
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We really dropped the ball letting the dumb slow government create the rules for disclosure/best practices in finance. The crypto community should have formulated our own gold standard practices and something like the EF could be given a stamp of approval to vett tokens and clear all the high quality transparent ones. Then as a community we could enforce with our own transparent gold standard whitelist.
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@chaskin.eth
Agreed that we dropped the ball
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