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#92 - Explaining the 2022 UCC Amendments, with Professor Carla Reyes

Law of Code

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How to Create a Business Trust for Bitcoin

In the paper, I thought you did such a great job explaining how using the example of Bitcoin as a potential business trust and the nodes as trustee. The one question that I had would be how that initial trust would be created. What is that sort of the genesis block for the trust and what period of time would that happen with respect to something like Bitcoin? Yeah. So at this point, the ship has sailed for those. I think Bitcoin's probably fine. But given recent statements by Gensler, if there's stuff that Ethereum could do to further protect itself, it might want to take those steps. This is a legal advice, but in theory, there might be reason now to

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