The rest of the world seems to be moving forward with crypto while America is stuck.

As a person from a third world country I have always looked at America as a land of opportunities, A land which provides the atmosphere for new technologies to develop.

The internet, web 2 all were well received and grew into world changing things so why this skepticism for web 3 and crypto?

Big exchanges are leaving the country , every other day I hear some new tax is going to be applied, politicians are calling for ban on wallets , sec is suing everything that moves.

What is this going to achieve?

Yes , I agree that crypto has its own share of problems but the way to go forward should be prudent regulations like ensuring exchanges have the reserves like what some other countries have done rather than current recommended regulations in USA which will kill the industry.

USA is still one of the biggest markets and it being not part of crypto is bad for both itself and crypto.