Monopoly

Web2’s Lesson for AI: Decentralize to Protect Humanity

In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk’s chief content officer.

Crypto Lobbying Needs a Reset: More FTC, less SEC

Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry. How, critics rightfully asked, can a token that’s explicitly designed not to fluctuate in price be considered a security?