Law & Policy

if we want to regulate crypto, would we want to go the ancient way and write laws on paper?

or would we want it to be open, simple - digital and based on smart contracts / code?

currently you need lawyers to understand or rather outsource law understanding to them to do pretty much anything

with coded law you could just run a query against a token contract or something, same thing dexscreener has with tokensniffer

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then if we had law updates done similarly as code updates, which makes a lot of sense if you think about it - github for laws where you can review each line and have multiple stakeholders to approve

maybe even go as far as logging each obviously malicious code and blocking it's usage/deploying onto the blockchain completely?

for example this issue could've solved what I'm having right now with my expired residency, they could just include another line to accept cases like mine because otherwise it doesn't make any sense and is descriminative towards people like me with passports issued outside of EU

so combining all of the tools like tokensniffer into a single "regulatory" or what we all agree is making sense and integrate into our products to make it  safer for people onchain

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yes right so regulation doesn't make any sense for crypto

Can't regulate pandora's box. Could possibly shutdown etherscan, opensea, blur, etc. But entities outside of U.S. will be fine.