Decentralization Conundrum
David and Hester discuss the challenge of applying securities laws to decentralized crypto networks, which hinders their ability to achieve true decentralization. They explore the need for Congress to intervene and propose a disclosure framework, allowing for a more comprehensive legal analysis. The conversation highlights the importance of considering the impact of regulations on accessibility and user interests.In this clip
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Bankless
163 - What SEC Commissioner Hester Peirce Thinks About the SEC
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