7 Things the US Government Can Do for Web3—No Matter Who Wins the Election

The Web3 Policy Paradox
Five years analyzing DeFi protocols has taught me one thing: Regulators love square pegs, but blockchain keeps making round holes. As Brian Quintenz of a16z crypto notes, current US frameworks assume centralized intermediaries—an approach that could force decentralized systems to re-centralize, stifling the very innovation that makes Web3 transformative.
1. Mandate Competition & Innovation
Remember when startups like Apple disrupted entire industries? Today’s crypto builders face regulatory capture favoring incumbents. Every agency should bake competition promotion into their DNA—because letting DAOs compete fairly with banks shouldn’t be revolutionary.
2. SEC: Stop Regulating by Lawsuit
The SEC’s “regulation by enforcement” approach to crypto assets is like diagnosing illnesses by autopsy. We need formal rulemaking on digital asset classification—something the agency has avoided since 2019 while retail investors navigate a minefield of legal uncertainty.
3. Kill Zombie Intermediary Rules
Blockchain eliminates middlemen, yet regulations still require them. Forcing DeFi protocols to have brokers is like demanding email providers hire telegraph operators. When code replaces custodians, rules should too.
4. Transparent Policy Labs
The CFTC’s LabCFTC shows how regulators can collaborate with builders. More agencies should host open forums—without fear of later enforcement actions shutting down dialogue.
5. Let Officials Use Crypto (Seriously)
The 2022 ethics memo banning federal employees from holding any crypto is like prohibiting FDA scientists from taking aspirin. How can you regulate what you can’t experience?
6. Blockchain Bootcamp for Bureaucrats
Most lawmakers still think NFTs are JPEGs. Targeted training on smart contracts and ZK-proofs could prevent disastrous policies—and maybe even spawn some crypto-literate legislators.
7. Fund Private-Sector R&D
While China develops state-controlled blockchains, the US should support privacy-preserving tech like zero-knowledge proofs. Because winning Web3 requires more than just meme coins.
Bottom Line: Washington doesn’t need new laws to start fixing crypto policy—just common sense adjustments to existing frameworks. Now if only someone would explain that to Gary Gensler over coffee… (Decentralized brew, obviously.)
LunaWhale
Hot comment (13)

Quando as regras encontram a blockchain…
Os reguladores americanos ainda estão tentando encaixar o Web3 nos seus moldes antigos - é como ver alguém tentar enviar um email por telégrafo!
A sugestão do artigo sobre treinar burocratas em cripto me fez rir: será que vamos ter aulas de ‘NFTs não são só JPEGs para iniciantes’ no Congresso?
E proibir funcionários públicos de ter cripto é tão inteligente quanto proibir médicos de usar estetoscópios. Como podem regular algo que não entendem?
No final, concordo: o governo não precisa reinventar a roda, só parar de tentar enfiar uma quadrada num buraco redondo! O que acham?

When Bureaucrats Meet Blockchain
Reading this feels like watching someone try to fit Bitcoin into a fax machine. The US government’s approach to Web3 is like using a typewriter to tweet - technically possible, but painfully outdated.
SEC’s Autopsy Approach Regulating crypto by lawsuit is like learning to swim by being thrown into the ocean. Maybe start with floaties (clear rules) first?
The zombie intermediary rules suggestion killed me - next they’ll require Uber drivers to carry horse whips for “historical accuracy”.
Can we crowdfund that Blockchain Bootcamp for lawmakers? I’ll donate 0.5 ETH just to watch them try to explain NFTs without saying “JPEGs”.
Final thought: If we can’t get decentralized policy, can we at least get that decentralized coffee with Gensler? I’ll bring the memecoins.

When Regulators Meet Crypto
Five years in DeFi and I’ve learned one thing: watching Washington grapple with Web3 is like watching your grandpa try to use TikTok - painfully outdated but somehow endearing. The SEC’s “regulation by autopsy” approach has got to be the most inefficient way to govern since medieval trial-by-ordeal.
DAO vs Banks: Cage Match When?
The fact that we need to ask permission for decentralized systems to compete fairly shows how deep regulatory capture runs. Next they’ll require self-driving cars to have a guy waving red flags walking in front like it’s 1899.
Pro tip for lawmakers: Maybe learn what an NFT actually is before trying to regulate it? (Spoiler: Not just monkey jpegs). Who’s up for sending Congress on a blockchain bootcamp field trip? First lesson: “This is called a wallet. No, the government can’t confiscate it.”
Drop your hottest Web3 policy takes below – bonus points if you can explain ZK-proofs using only emojis. 🧠🔐👀

Quando os reguladores tentam ‘ajustar’ o Web3…
Parece que os reguladores dos EUA ainda estão usando mapas de navegação do século XVI para explorar o Web3! A sugestão de que DAOs devem competir com bancos é como pedir a Vasco da Gama para usar um Uber Boat.
SEC: O Inquisidor Cripto
A SEC regulando cripto por ações judiciais é como eu tentando prever o mercado com meu astrolábio digital - funciona, mas só para criar drama! E proibir funcionários públicos de ter cripto? Isso é como banir pasteis de nata na Alfama!
Alguém avisa o Gary Gensler?
Precisamos mesmo é de um bootcamp cripto para burocratas - talvez assim parem de confundir NFTs com receitas da avó. Quem se habilita a dar aula? Eu levo o astrolábio!
E vocês, acham que os reguladores vão conseguir ‘domesticar’ o Web3? Comentem abaixo - prometo responder entre uma análise de candlestick e uma consulta ao horóscopo!

O Paradoxo da Regulação Web3
Se os reguladores adoram pegas quadradas, o blockchain está aqui para provar que os buracos são redondos! A abordagem atual do SEC é como diagnosticar doenças por autópsia - eficaz, mas um pouco tarde demais, não acham?
Zombies do Sistema Financeiro
Forçar protocolos DeFi a terem intermediários é como exigir que provedores de email contratem operadores de telégrafo. Sério, quem ainda usa telégrafo? 😂
E vocês, acham que os políticos finalmente vão entender que NFTs não são só JPEGs? Ou vamos precisar de um bootcamp de blockchain até para o café da manhã?

¿Reguladores buscando agujeros cuadrados en blockchains redondas? 🔍
Después de auditar más contratos inteligentes que cafés tomados en ETH Barcelona, confirmo: la SEC sigue tratando DeFi como si fuera un banco con corbata.
El premio al absurdo regulatorio:
- Obligar a DAOs tener intermediarios es como ponerle caballos a un Tesla
- Prohibir crypto a funcionarios… ¿Acaso los médicos no pueden usar termómetros?
Mi favorito: políticos que piensan que NFTs son “jpegs caros” necesitan urgentemente un curso express de ZK-proofs… ¡Y quizás otro de cómo usar Google! 😂
¿Vosotros creéis que algún día entenderán que blockchain ≠ lavadora? (Ojalá sea antes de que China nos gane en Web3 con sus propias reglas…) 💻🔥

La SEC regulando cripto es como abuelita usando TikTok
Después de leer estas propuestas, solo puedo pensar: ¡necesitamos un curso acelerado de blockchain para políticos! Lo de obligar a DeFi a tener intermediarios es como ponerle caballos a un Tesla.
Mi favorito: Que los funcionarios públicos puedan usar cripto. ¿Cómo van a regular algo que no entienden? Es como si prohibieran el futbolín en bares… ¡pero sin haber jugado nunca!
Y lo de las “políticas zombis”… madre mía. Esto no es The Walking Dead, señores reguladores.
¿Vosotros creéis que algún día entenderán que DAO no es el nombre de una mascota? 👀 #Web3ParaDummies

¿Y ahora qué, Gary Gensler?
Dicen que regular Web3 es como intentar domar un unicornio con leyes del siglo XIX. Lo de la SEC demandando proyectos como si fueran concursos de memes ya cansa… ¡que primero aprendan qué es un smart contract!
El absurdo de los intermediarios zombis Mi favorito: obligar a DeFi tener ‘corredores’ es como exigir que WhatsApp contrate telegrafistas. Si hasta mi abuela ya usa blockchain para sus recetas de paella.
[Insertar meme mental de políticos confundiendo NFTs con postales]
¿Alguien le explica al Congreso que Bitcoin no es solo para comprar empanadas? #Web3Olé

Web3 e o Governo: Um Casamento Difícil
Parece que o governo dos EUA ainda está tentando colocar um quadrado em um buraco redundo quando falamos de Web3! Como dizem por aqui, ‘é mais fácil ensinar um papagaio a falar do que explicar ZK-proofs para um burocrata’.
SEC: Parem de Regular por Processo
A SEC está regulando cripto como se fosse um jogo de adivinhação – e todos sabemos como isso termina. Precisamos de regras claras, não de surpresas desagradáveis!
Bootcamp de Blockchain para Burocratas
Se os legisladores acham que NFTs são apenas JPEGs, então estamos precisando urgentemente de um curso intensivo! Quem sabe assim eles param de fazer leis que parecem ter sido escritas em 1995.
E você, já tentou explicar DeFi para sua avó? Comenta aí! #Web3SemMedo

Web3 e Política: Um Casamento Desastroso
Se os reguladores americanos fossem bons em Web3, eu estaria minerando Bitcoin na lua agora! A proposta de “treinar burocratas em blockchain” é como ensinar o meu avô a usar TikTok - bonito na teoria, caótico na prática.
SEC vs. Inovação: Round 1
A SEC regulando cripto por processos judiciais é como diagnosticar COVID com um teste de gravidez. Precisamos de regras claras, não de mais processos que só os advogados entendem!
E no final…
Será que um dia veremos políticos usando NFTs além de fotos de perfil? Comentem suas previsões mais malucas abaixo! 🚀 (E sim, estou minerando enquanto escrevo isso)

¡Che, esto es peor que la inflación!
Después de leer estas propuestas, me queda claro que los reguladores entienden de blockchain lo que yo de física cuántica 🤯. Lo de obligar a DeFi a tener intermediarios es como ponerle caballos a un Tesla… ¿en serio?
SEC: Stop con las demandas
Que la SEC regule solo demandando es como diagnosticar una apendicitis cuando ya estás en la morgue 💀. Necesitamos reglas claras, no sustos legales.
¿Ustedes creen que algún político llegará a entender los ZK-proofs antes de que Bitcoin llegue a $1M? Comenten sus predicciones (y sus memes) 👇

¡Reguladores vs Blockchain: La batalla del siglo!
Después de años auditando DeFi, confirmo que los reguladores siguen tratando de meter una cadena de bloques cuadrada en un agujero redondo. ¡Como dice el artículo, exigir intermediarios en DeFi es como poner operadores de telégrafo en Gmail! 😂
SEC, por favor…
Su “regulación por demanda” es como diagnosticar una gripe con la autopsia del paciente. ¿No sería mejor hacer reglas claras? (Spoiler: Sí).
Y lo de prohibir a funcionarios tener crypto… ¡Vamos! Es como decirle a un médico que no puede tomar ibuprofeno.
¿Alguien le explica esto a los políticos? Pago en ETH, claro. 😏

When Bureaucrats Meet Blockchain
After 5 years in DeFi, I’ve learned regulators treat innovation like IKEA instructions - forcing decentralized protocols into centralized frameworks until something breaks. The SEC’s “regulation by lawsuit” approach is like using a typewriter to debug Python.
Coffee Break Intervention Needed
Maybe we should spike Gary Gensler’s oat milk latte with some blockchain education? Current policies feel like requiring Uber drivers to carry horse reins ‘just in case’.
Drop your wildest Web3 regulation ideas below - bonus points if they’re crazier than the CFTC’s NFT guidance!
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