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#104 - Wachtell Lipton's David Adlerstein and Kevin Schwartz on Decentralization, Smart Contracts, Tornado Cash & NFTs

Law of Code

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The Risks of Smart Contracts

The risk is in this case, does it execute as we want it to execute? And so that would call for almost a new regime where even in the example of tokens or layer one solutions compared to say, equity's offerings. The risk is more technological based than any underpinnings that the coders or developers might have had in made back doors or things like that. So it'll be interesting to see how the rules change over time.

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