Crypto Isn’t Web 3.0 — It’s Capitalism 2.0

Crypto as “Web 3.0” is a popular label, but according to Helius CEO Mert Mumtaz, that description severely underplays crypto’s true significance. He argues crypto is not just about decentralized applications or permissionless ownership on the web—it’s a full upgrade to what he calls **Capitalism 2.0**, a system in which immutable property rights, transparent incentives, decentralized information flow, and near-zero friction capital flows redefine how value moves in society.

Mumtaz pointed out that recent proposals by U.S. regulators (SEC and CFTC) for **always-on capital markets**, perpetual futures, and prediction-market frameworks are concrete examples of this shift. These features promise to dismantle legacy constraints such as limited trading hours, opaque asset ownership, and centralized gatekeepers.

Tokenization of real-world assets—stocks, bonds, stablecoins, even art—could further anchor this transformation, enabling any asset to be represented, transferred, and traded on blockchain rails. If this transition happens, it won’t just be a new layer of the internet; it will be a new paradigm of capitalism—one where financial participation, efficiency, and transparency are the baseline, not luxuries.