I want the government to leave me alone; a small government, deregulation, lower tax rates, and the courage not to act.
The Digital Minister, who has become a topic of discussion as a scapegoat for the presidential election, is strongly endorsing Astar, led by Sota Watanabe, which has seen its price drop by about 90% over the past year and a half, causing disappointment and discontent among investors. However, the fact that what he has been arbitrarily promoting has not been going well at all, and that investors are suffering significant losses, is hardly discussed publicly. Additionally, the NFTs, DAOs, and gaming projects that Mr. Hirakawa has been promoting have all become obsolete over the past few years. It is uncertain how the outcome of the presidential election will affect the Web3 industry, but as an industry, heavily backing specific politicians poses risks and only leads to collusion and the push for projects lacking merit. We should reassess whether Japan's political policies and involvement in Web3 are truly yielding any positive results, including quantifying the outcomes. From my perspective, it seems like they are just putting on a show, and there is no sign of closing the gap with overseas developments, nor do any results appear to be forthcoming.
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