of the Chinese government to legalize crypto in Hong Kong.
Across Asia, Europe, the Middle East and other places, they are looking for ways to attract more crypto and Web3 startups since they know it can bring economic wealth to their shores.
Take the internet for example, a development that began with the US-funded research at DARPA but was eventuallyby Tim Berners Lee at CERN in Switzerland outside the US. Parts of the web were developed in different places, but a lot of it took place in Silicon Valley.
Don’t automatically believe the public pronouncements of “experts” who may not grasp the potential of new technology. In 1997, a Nobel Prize winning NYT columnist, “The Internet’s impact on the economy has been no greater than the fax machine’s….ten years from now, the phrase ‘information economy’ will sound silly.”
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