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Wow, the crypto world has changed.
But do you know what hasn’t really changed in all that time? Regulatory clarity.
If you took a time machine to every possible bitcoin, blockchain or digital asset conference over the past ten+ years, you would always hear some speaker focusing on the fact that regulators and policymakers are not yet up to speed, and a lot of future innovation will depend on what will happen when governments get involved.
We are quickly approaching the point – actually, perhaps we are past it – when technology innovation and market development in the cryptospace needs traditional no financial regulation at all. The open-sourced, transparent, and flexible nature of decentralized systems suggest that the efficient functioning of markets is being coded into the protocols themselves.
By OpenOutCry.pto5
77 ratings
Wow, the crypto world has changed.
But do you know what hasn’t really changed in all that time? Regulatory clarity.
If you took a time machine to every possible bitcoin, blockchain or digital asset conference over the past ten+ years, you would always hear some speaker focusing on the fact that regulators and policymakers are not yet up to speed, and a lot of future innovation will depend on what will happen when governments get involved.
We are quickly approaching the point – actually, perhaps we are past it – when technology innovation and market development in the cryptospace needs traditional no financial regulation at all. The open-sourced, transparent, and flexible nature of decentralized systems suggest that the efficient functioning of markets is being coded into the protocols themselves.