Bridging DC and DeFi: Can crypto decentralize politics? by the_postman_
At once, that investment in DC has opened the door to a massive increase in the industry’s political viability. Yet with increasing entanglements,Non-profit Coin Center, for example, has long touted its dedication to decentralized networks as a distinction from trade associations like the Blockchain Association or the Chamber for Digital Commerce, which have to account for member companies. At the same time, many of those members are DeFi operators.
“It’s an interesting dichotomy if you think about purely decentralized elements of the blockchain community versus centralized entities that are building things that are decentralized,” says Seth Hertlein “The purely decentralized elements still haven’t really figured out how to lobby, is my assessment.”
Still, just like a traditional tech company would, Uniswap needs someone familiar with the ways of Washington. As one barrier, the Federal Elections Commission tallies campaign donations. The Secretary of the Senate tracks lobbying disclosures. Hertlein continued: “DeFi’s on the radar of the most important international regulators in the world,” said Whitehouse-Levine. “There’s an increasing recognition that regulators and developers are not speaking the same language right now.”
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