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Ram Ahluwalia (Lumida) on Crypto Self Regulation

Galaxy Brains

CHAPTER

The Decentralization of Crypto Assets

There has never been, I believe, a crypto asset that has been alleged to be a security that launched with a fair launch as a no pre minor pre sale. That's that we know this current SEC, it appears, does not believe is a security. Why don't we see more teams doing that? It's a great point. And this gets to a couple of core issues. The standard of decentralization should be delegated to an SRO that can be more flexible and adapt. Because you're not going to get the attention of Congress when you need it, when something doesn't work.

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