1/ Blockchain is becoming a larger geopolitical issue and the US should help lead here. Blockchains embody fundamental values that align with US politics:
1) a framework for digital property rights (smart contracts)
2) first amendment protections (censor resistant data)
1) a framework for digital property rights (smart contracts)
2) first amendment protections (censor resistant data)
2/
3) participatory and democratic voting mechanisms (think about DAOs)
4) open and global marketplaces (think DEXs)
For the US to lead, it’s imperative that the US government support the technology’s maturation through sensible policy and government applications.
3) participatory and democratic voting mechanisms (think about DAOs)
4) open and global marketplaces (think DEXs)
For the US to lead, it’s imperative that the US government support the technology’s maturation through sensible policy and government applications.
/3
As I noted in Congressional testimony last year, the US should explore developing a national policy around blockchain like it did for the internet.
It should also clarify certain legal frameworks around tokens and the digitization of financial agreements.
As I noted in Congressional testimony last year, the US should explore developing a national policy around blockchain like it did for the internet.
It should also clarify certain legal frameworks around tokens and the digitization of financial agreements.
5/
Closed and permissioned blockchains could be used by totalitarian regimes to constrain basic human freedoms.
They can be used to restrict and censor commercial transactions of political dissidents—ie, create a “great paywall” to compliment the “great firewall”
Closed and permissioned blockchains could be used by totalitarian regimes to constrain basic human freedoms.
They can be used to restrict and censor commercial transactions of political dissidents—ie, create a “great paywall” to compliment the “great firewall”
6/ The basic freedoms of billions of people are at stake and permissionless blockchains need to step up.
That means developing more robust governance mechanisms at the protocol level to deal with important and delicate policy concerns.
That means developing more robust governance mechanisms at the protocol level to deal with important and delicate policy concerns.
7/ Those in the crypto space have seen these battles coming, but now things are getting real. It’s time to come together and fight to protect our freedom to speak and engage in commerce.
If not, our children may live in a world where these rights no longer exist.
If not, our children may live in a world where these rights no longer exist.
