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Tarun Chitra on whether Code is Law | Layer Zero
Bankless
Doo Governin Structures
State laws and federal laws have a friction behind them. If you pass a state law, then there's like, regulatory overhead. And so making the laws precise to where it wants to go is difficult in the physical, nation state environment. But with dows, like with swap, raises or lowers its fees, like 50 bips or whatever, that's a big change. Like maybe a law needs to be able to scale with its users. It's jurisdiction needs to also change. I think dows actually allow you to have that, like scale up and scale down. Where it's like laws the world right now did notDoo governin structures just like, are inherently more surgical
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