
How US Regulators Are Derailing Crypto w/ Alex Golubitsky - Flyhweel #49
Flywheel DeFi
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The Importance of Distributed Trust
Our legal framework is not ready for that. We do not have a legal framework That can actually accommodate this concept of distributed trust, right? Because what what Gensler and co are looking for is they're looking for well Who's the entity that's like making these deals happen and kind of like the man in the middle here The exchanges are not fail points in in the market on chain,. You know, I mean if if there's an exploit or something like that I mean you have technical risk And I think that Again our securities laws. They don't accommodate like what is a technical risk disclosure? I'm not worried about like apple getting act and me losing my apple So basically what you
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