Given the track record of the web3 community in regulating itself, preventing fraud and corruption, and even building a tech stack that can be trusted... I don't think we should place a single bit of faith in their ability to align incentives with the kinds I'm talking about.
The kinds of economic incentives I'm talking about come from industry experts working with democratically elected officials with a system of government that is concerned with the rights and freedoms of a society to have access to technology and infrastructure for the benefit of everyone. The kind of Keynesian approach to economics rather than the Austrian school (which has shown itself to implode and fail and enrich the few at the cost of the freedoms of the many, less fortunate).
“industry experts” - capitalist sponsored charlatans
“democratically elected officials” - corrupted by corporate greed
“Government that is concerned with the rights and freedoms of a society to have access to technology and infrastructure for the benefit of everyone” - which planet do you live on?
The kinds of economic incentives I'm talking about come from industry experts working with democratically elected officials with a system of government that is concerned with the rights and freedoms of a society to have access to technology and infrastructure for the benefit of everyone. The kind of Keynesian approach to economics rather than the Austrian school (which has shown itself to implode and fail and enrich the few at the cost of the freedoms of the many, less fortunate).