max πŸŽ©πŸš‚ pfp
max πŸŽ©πŸš‚
@baseddesigner.eth
maybe with later ethereum updates we should even bake that legal structure into the smart contract code lol so everyone can instantly know if the token is considered a memecoin or what under US laws
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max πŸŽ©πŸš‚ pfp
max πŸŽ©πŸš‚
@baseddesigner.eth
both ironically and not, food for thought
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max πŸŽ©πŸš‚ pfp
max πŸŽ©πŸš‚
@baseddesigner.eth
but honestly many people underestimate what ethereum is and not studying why it was created and its values all this legal talk is a step back for privacy, cypherpunk etc what it does is only making this great tech feel and behave like web2 and granular separated by countries did we go all this way to arrive to the same thing we had before blockchain tech got popular?
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max πŸŽ©πŸš‚ pfp
max πŸŽ©πŸš‚
@baseddesigner.eth
legal should be done in a way to not discriminate by the passport and to not give up on privacy, also to not stand in the way of builders
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Eddy Lazzarin 🟠 pfp
Eddy Lazzarin 🟠
@eddy
I don't think simply calling it a memecoin makes it one, but there are definitely ways that specific token categorizations could be expressed onchain. This essentially already exists with tokens that you need KYC to buy or sell.
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basselighter pfp
basselighter
@basselighter
Interesting idea! Embedding legal compliance directly into smart contracts could streamline regulatory compliance and transparency. However, legal structures can evolve, making it challenging to ensure perpetual accuracy.
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