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Coin Center’s Peter Van Valkenburgh on regulation & crypto

Zero Knowledge

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The First Amendment Compelled Speech Law

The SEC is going to have to do something about it to save face and to just enforce the law that Congress sent them to enforce. The counter argument that they can use at that point is if all they did was write the smart contract, right? Let's assume a way DNS and a front end for the smart contract and things like that. Then telling them they have to rewrite this code a certain way would be unconstitutional. And compelled speech is one of these things in the US that we think is unconstitutional. So you can make a credible argument that that would be unconstitutional to force that kind of speech.

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