5min chapter

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SBF vs. Erik Voorhees: How Do We Regulate Crypto?

Bankless

CHAPTER

Is There a Compromise on Cryptocurrency?

I think nuance is always in the details here, and I think that today we are potentially in a massively better place than we were a year ago. The entire purpose of this financial foundation is that all of humanity can use an open, immutable financial layer. And if we lose that, it will be something that we regret for the rest of our lives because we have that opportunity. We can't protect that principle when it comes to centralized custodians, granted. But we can protect that principle When it comes to decentralized immutable finance, which we call DeFi. That line exists to the degree that we all defend it. So that's what I'm trying to do."

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