Should I publicly blab my opinions about crypto regulation more? Feels unfair to let other people get attacked by CT but never actually poke my own head out.
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Well actually here's my moderate take on mixers and privacy that I already gave in the podcast two months ago:
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Another maybe-controversial take of mine is that I don't think we should be enthusiastically pursuing large institutional capital at full speed. I'm actually kinda happy a lot of the ETFs are getting delayed. The ecosystem needs time to mature before we get even more attention.
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Basically, especially at this time, regulation that leaves the crypto space free to act internally but makes it harder for crypto projects to reach the mainstream is much less bad than regulation that intrudes on how crypto works internally.
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The "KYC on defi frontends" idea does not seem very pointful to me: it would annoy users but do nothing against hackers. Hackers write custom code to interact with contracts already. Exchanges are clearly a much more sensible place to do the KYC, and that's happening already.
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Basically, there's two main classes of regulatory policy goals: (i) consumer protection, (ii) making it harder for baddies to move large amounts of money around. The issues around (ii) are concentrated not in defi, but in large-scale crypto payments in general.
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Regs on defi frontends that *could* be more helpful may include:
(i) limits on leverage
(ii) requiring transparency about what audits, FV or other security checks were done on contract code
(iii) usage gated by knowledge-based tests instead of plutocratic net-worth minimum rules
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It’s people like that should be in the room with . Both views are needed from a CEX and DEX perspective
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actually would love to do that -- I think that policymakers/regulators would find it pretty interesting to hear from
he's *very* different from the average person in DC, but in a kinda refreshing way--calmly and thoughtfully saying what he thinks
Please make this happen but protect our boi, he is so innocent.
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should be included - what better example of leadership could there be for the industry, if and could put their diffs aside, find common ground on reg proposals that will serve the industry well and present a unified front for crypto?
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Gathering all involved perspectives is important as well as having the right people as speaker -- clear, insightful communication with passion.
For all the flak receives, he his without a doubt one of the best orators in the space and should be included.
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Yeah they'd love to hear how to dodge security laws for sure.
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Good you care so passionately about 1940s laws from USA focused on orange farmers and how they organized. The world needs more people like you to take a stand. God bless you, your fellow Americans and your orange plantation.
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yes I imagine his dialectics would be much appreciated
He is quite decisive and calls challenger coins "Sh**Coins", very nonproductive
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