@_ConnerBrown_ 1/ Thankfully I'm not a regulator--just a volunteer! 😉 I just listened & found @angela_walch's comments v thought-provoking. She was critical of laws that "require" #blockchain implementations, & #Wyoming hasn't enacted any of those (WY enabled, not required). Dunno if others...
@_ConnerBrown_ @angela_walch 2/ ...have required, but if they did I agree w/ her. For the critical public records infrastructure @PeterMcCormack asked about, of course it wld be crazy not to run a new #blockchain system in parallel w/ the old for a good long time. I also agree w/ her point abt pigeonholing..
@_ConnerBrown_ @angela_walch @PeterMcCormack 3/ ...#crypto into traditional financial mkt infrastructure--I ,too, warned abt "crossing the streams" btwn #crypto & trad bc the settlement systems are SOOOOOOoooo different. This is partly why #Wyoming didn't adopt the ULC Supplemental Act, which would bring all the trad mkt...
@_ConnerBrown_ @angela_walch @PeterMcCormack 4/ ...probs into #crypto, w/ MUCH worse potential outcomes. On her points abt core devs/miners/power concentration, I wld have emphasized #gametheory instead--#Bitcoin is inherently an adversarial system & users cooperate bc its economic incentives give them clear incentive to
@_ConnerBrown_ @angela_walch @PeterMcCormack 5/ BTW, in case anyone is interested, here's a piece I wrote about "crossing the streams" for @ForbesCrypto:
forbes.com/sites/caitlinl…
forbes.com/sites/caitlinl…
