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Come on Sam Our job as a community is to educate these boomer regulators to preserve our freedom, not to preemptively volunteer to give up our freedom

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Bankmanless

@BanklessHQ

Oct 29

.@SBF_FTX summates his core thoughts on DeFi regulation in under 1 min For him, protecting smart contracts is worth some give and take (Full stream: youtu.be/Ytaa_5liwMA)

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SBF

@SBF_FTX

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@basedkarbon

totally agree! and, fwiw, I will fight like hell to preserve as much of that freedom as I can, and fight against sacrificing any of it. but I totally understand if others would do it differently! FWIW -- I'm *not* going to sacrifice anything unilaterally for the industry.

3:35 PM · Oct 29, 2022Twitter Web App

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love you sam keep moving the needle

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Sam please use that passion to “fight like hell” for DeFi front ends as well. They should not be sacrificed or used as part of a compromise. Any compromise along those lines will inevitably be a Faustian bargain.

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You agree etherscan should not need a license, realize DeFi front ends are the same! Their activity is the same (passing data to and from open protocols), they are both speech. To compromise on this would be an attack on feeedom of speech.

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Sam - It looks like you are attacking the regulatory ambiguity of DeFi derivatives, in order to bring them into the same CeFi category as FTX. You do not appear to be fighting to preserve anything except FTX market share. Just own it, and move on.

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I hope so because it sounds like the opposite in that video

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Did you watch the entire episode?

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Nobody needs FTX. Dont you EVER forget that. EVERYONE just use Binance. CZ is way cooler than SBF and real good human being.

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Sir, Unfortunately Defi will follow the rules of the regulator. Just like crypto exchanges. Freedom , Decentralize Only good in concept. But, in the reality It causes Lots of fraud, scams,etc.

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no you won't. its a regulatory attack. you're smart enough to know 99.99% of ct are irl cowards who will recant anything they say online if you show up to defend yourself. so you show up in qt's to say 'no it isn't like that' even though it is quite obviously like that

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Sounds like a politicians promise.