🇫🇷 President Macron Voices His Opinion About Web3

Discover the news of the week [View in Browser]( [Gif Ledger Bites]( 22/04/2022 Learn how to stake safely and why Ledger is the ultimate place to do so. [Listen to our podcast]( with Lorien Gabel, Figment Co-Founder and CEO, and Charles Hamel, VP Product at Ledger, on this new episode of On The Ledger. [Figures] [the Sandbox]( [Gaming]( The World's Most Popular Wallet Just Got Better. [Shop Ledger Nano S Plus →]( [In the know] [Jack Dorsey publicly criticizes Ethereum for the first time.]( The Bitcoin maximalist had a Twitter debate with the decentralized social media platform DeSo. He said that ”if you’re building on ETH you have at least one, if not many, single points of failure and therefore not interesting to me.” […Meanwhile, Blade Runner movie director Ridley Scott will produce a movie on Ethereum.]( Camila Russo’s book “The Infinite Machine” will be adapted into a movie that will be both funded by a DAO and traditional methods… to bring Ethereum to the masses? [ApeCoin (APE) hits new heights amid Metaverse rumors.]( The 18% rally over the past 7 days can be attributed to speculations over Yuga Lab’s upcoming Metaverse project called Otherside, expected to launch before the end of April. [Emmanuel Macron voices his opinion about Web3.]( The President said “the Web3 and the Metaverse are “a new step for the web we know. (...) I want to ensure that European players master the tech building blocks associated with Web3 and the Metaverse so as not to depend on American or Chinese giants.” [Alex Zinder, Head of Ledger Enterprise Solutions, was interviewed by Cointelegraph.]( "Institutional demand for crypto is definitely coming, but I think (...) the growth is going to continue exponentially for a significant period of time," he said. [Justin Sun to launch a decentralized algorithmic stablecoin on Tron.]( The new “USDD” will be released along with $10 billion of crypto as collateral, the blockchain will be managed by a DAO callon Tron DAO. Wanna share our Biiiiiites with a friend ? [Send →]( [Insight of the week] What Regulators Must Understand About Web3 [Metaverse] This week, crypto industry players signed an open letter to EU policy makers [to convey a sense of urgency]( about EU laws being passed. France’s President Emmanuel Macron then [gave an interview]( where he said that “Web3 represents a requirement” for France and Europe. This is good news… but it’s not enough. Too many regulations are still voted for, despite going against the logic behind decentralization and financial freedom. Crypto VS Artificial Intelligence Last week, The Economist [released]( an article titled “Satoshi-alism” tackling an unexpected debate: is crypto left or right-wing? During the current French Presidential election, the question is timely. To locate crypto on the political spectrum, Peter Thiel, co-founder of PayPal, [once said]( that “crypto is libertarian while AI is communist.” Obviously, AI and crypto are distinct technologies. AI needs data accumulated in a single place to be performant, while crypto needs decentralized data systems to function. As The Economist puts it, “AI represents the advance of centralized machines making top-down decisions; crypto requires many individuals and computers making decisions from the bottom up.” This shows crypto’s added value. This tech is disruptive because it brings horizontality, fair reward and wealth distribution. That’s why policy makers shouldn’t overlook it. The New Economics of Crypto Crypto gradual emergence is ushering in a virtuous form of “collaborative commons” built on consensus. Policy makers should understand the virtues of this system. [For Marc Andreessen]( co-founder of a16z, “until now collaborative efforts either adopted corporate norms from the real world or worked as open source projects with no money involved.” In contrast, the crypto industry creates new incentives “where participants can be paid without a real-world company needing to exist.” Two examples are telling. [Hivemapper]( is a decentralized Google Maps that rewards users with tokens for capturing mapping data. Another is [Helium]( a blockchain-based wireless network that encourages users to share their bandwidth with token compensation schemes. In both projects, the economic logic is flipped with users being rewarded for their positive contributions. This new model will structure tomorrow’s economy. Decision makers, by implementing rules against blockchain, are only slowing down the advent of an unprecedented social & economic revolution. [I wanna know more] Blockchain is an internet of money paying you to participate… Sounds nice, right? Learn more about this by reading our [Ledger Academy article.]( Haven’t read our article on “Why the EU’s Transfer of Funds regulation is a threat to financial freedom” yet? [It’s right here.]( [Inside Ledger] The third and last episode bringing you behind the production of the Ledger Nano S Plus is here. [Enjoy it!]( When you start running, you need shoes. When you start with NFTs, you need our [Ultimate NFT Toolkit.]( We’ve made one for you! [Images of the week] Don't forget to store your Doge (and all your coins!) securely! [Image of the week] [Source: Dogeee.eth]( How did you like our newsletter this week? [😍 I buy! 😐 I hodl! 😭 I sell!]( [unsubscribe]( [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok]( & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. 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