“The same intuitive principle that governs our understanding of car manufacturer and driver liability should be the foundation of sensible policymaking in the context of decentralized networks and protocols.”

Today, @a16zcrypto published a piece authored by DEF’s @millercwl & @atuminelli discussing why sound policymaking for crypto should always start from an analysis of “control” in a given system. 🧵

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a16zcrypto.com/

Chief Legal Officer at DeFi Education Fund @fund-defi. Human to bader the dog. Avid reader of fantasy fiction. Constantly seeking excellent food.

“The same intuitive principle that governs our understanding of car manufacturer and driver liability should be the foundation of sensible policymaking in the context of decentralized networks and protocols.”

Today, @a16zcrypto published a piece authored by DEF’s @millercwl & @atuminelli discussing why sound policymaking for crypto should always start from an analysis of “control” in a given system. 🧵 

https://a16zcrypto.com/posts/article/doj-actions-against-defi/

Reminsicent of the “regulatory” landscape at peak Big Horse

Laws included

1. Require all cars have reins and bridles
2. Require drivers to hold horsewhips
3. Require drivers to disassemble and tow cars to town by horse at city limits
4. Require drivers to incessantly sound mechanically-operated bells or whistles

We do policy and advocacy work to help DeFi flourish. 

Looking to donate? 
https://www.defieducationfund.org/supportus