Blockchain Innovation Needs Clear, Fair Rules, Not Regulatory Uncertainty

The article argues that America's historical success in scaling transformative technologies like railroads, aviation, the internet, and AI stemmed from clear, limited rules that fostered innovation while protecting consumers and property rights. It asserts that blockchain technology now deserves the same opportunity, criticizing the current U.S. regulatory environment of shifting interpretations, overlapping jurisdictions, and regulation through enforcement. The piece warns that uncertainty stifles investment and innovation, causing the U.S. to lag behind jurisdictions like the European Union, and stresses that blockchain has evolved beyond speculative trading, with stablecoins enhancing the digital use of the U.S. dollar.