That’s both a political question and a meta-political question. There’s a pragmatic question of how universities will react in the near to medium term to the explosion of distributed [everything]. One thing that’s happened in this regard is that they have, I think, expanded their credentialing. They have a monopoly on credentialing in most countries in the world. There’s been a lot of moves towards things like making college free for everyone or expanding the number of professional degrees offered. It started with the MBA, but there are a lot of others now – Master’s of Engineering, Master’s of Professional Administration, Master’s of Administration. They definitely have a strong edge over most upstarts [Editor’s note: like soulbound tokens] to the extent that they want to continue to be powerful, large, relevant bodies.
Japan’s Embrace of Web3 Uncertain as Ruling Party Under Threat
Japan’s Prime Minister Fumio Kishida and his ruling Liberal Democratic Party (LDP) have shepherded the country’s Web3 strategy along with...