Bankless

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

Oct 31, 2022

In a riveting debate, Sam Bankman-Fried, founder of FTX, clashes with Erik Voorhees, the libertarian mind behind Shapeshift. They explore whether crypto should be regulated at all, discussing the implications for innovation and consumer protection. Sam proposes industry standards while Erik argues for self-governance. They tackle thorny topics like DeFi regulation and the challenges of navigating ethical dilemmas in a decentralized financial landscape. Tune in for insights from two heavyweights in the crypto world!

01:54:17

Creator website

Episode guests

Erik Voorhees

Sam Bankman-Fried

Highlights

AI Chapters

Episode notes

The Argument for Open vs Closed Financial Systems

01:07

Decentralized Cryptocurrencies - What Do You Think Sam Means?

01:42

Should Crypto Be Regulated?

01:17

The Pros and Cons of Proactive Scam Prevention

01:41

Intro

2min

Sponsorship Highlights: Advancements in Web3 and Ethereum Scalability

3min

Navigating Crypto Regulation: Perspectives and Challenges

28min

Navigating Cryptocurrency Regulation and Ethics

10min

Navigating Liberty and Regulation in Decentralized Finance

6min

Navigating DeFi Regulation

7min

Navigating DeFi and Regulatory Tensions

22min

Regulating Innovation: The Financial Landscape

29min

Navigating DeFi Regulations

5min

10.

Constructive Dialogue in Crypto Regulation

2min

A debate between two crypto titans on how to regulate crypto. Whether to regulate crypto? Where do we draw the line?

Study and remember this one anon.

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------ Timestamps:

0:00 Intro 7:36 Should Crypto Be Regulated? 23:50 Transparency 25:55 Showing Up & BitLicense 36:50 Erik's Issues with Sam's Post 52:12 The DeFi Regulation Debate 1:24:27 Why Regulation Now? 1:40:10 DCCPA 1:53:04 Stealmanning Eachother's Points 2:01:55 Closing Arguments 2:06:17 Closing & Disclaimers

------ Resources:

SBF https://twitter.com/SBF_FTX

Erik Voorhees https://twitter.com/ErikVoorhees

SBF Proposal https://twitter.com/SBF_FTX/status/1582835426116575235

Erik Voorhees's Rebuttal https://www.moneyandstate.com/blog/response-to-sbf

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures

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