Why US Policymakers Should Embrace Web 3

Why US Policymakers Should Embrace Web 3
In 1997, the Clinton Administration published the groundbreaking “Framework for Global Electronic Commerce,” which set forth five key principles:Governments should recognize the unique qualities of the internet.The private sector should lead.Governments should avoid undue restrictions on electronic commerce.Where governmental involvement is needed, its aim should be to support and enforce a predictable, minimalist, consistent and simple legal environment for commerce.Electronic commerce on the internet should be facilitated on a global basis.In the ensuing decades, the internet transformed our economic and social interactions in ways that have profoundly changed society – for better and worse. Today, we stand at a similar…