re: sam’s proposal, if a defi dev publishes code that doesn’t do ofac censorship, is that a crime now? how is that different from compelled speech? what is the enforcement mechanism
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overall this proposal reads to me as “what if we gave up and made everything exactly like tradfi”
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if we throw the idea of permissionless p2p finance out the window then we might as well just all use FTX
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Uniswap is not a broker or a dealer. it is software that you run on your computer, and others can run on their computers. it allows you to execute trades with a peer. the entity is the person executing things. the software is not an entity
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I agree! And so does my post -- "You don't need a financial license to upload code to the blockchain"
But you do think you need a financial license to use Web3.js, apparently…
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clear up dis simple misunderstanding yea? we’re just talking past each othr, corrext