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Is Regulation a Boll Case for Defy?
Is it the tone that countries with isticated property right system, they'll feel threatened by this technology, and so they'll never really want to embrace it? They'll be dragged into it kicking and screaming. Is that the case that you are making? I think it's possible. The second senaria would be that regulation cant actually be a boll case for defy. Because regulation can also serve in or difi projects, or to protect them from incumbents tat if there is actually something that defi projects can offer,. In spite of regulation, that incumbents cant. And that's a big competitive benefit.