Chapter
The Clash Between Cryptocurrency and Regulation
A conflict between individuals' desires and outdated regulatory frameworks is brewing, with cryptocurrency likely being the first battleground due to its complexity and the myriad of questions raised by the Securities and Exchange Commission (SEC).
Clips
The current regulatory framework is not equipped to handle the millions of individuals involved in the cryptocurrency industry.
08:32 - 11:33 (03:00)
Summary
The current regulatory framework is not equipped to handle the millions of individuals involved in the cryptocurrency industry. This clash will eventually lead to a roll back of the outdated regulations set up a century ago.
ChapterThe Clash Between Cryptocurrency and Regulation
EpisodeE48: The role of decentralization, China/US break down & more with Bestie Guestie Balaji Srinivasan
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The US government is a chaotic mess that is mainly focused on PR and online yelling, while the Chinese government is a competent and ruthless state.
11:33 - 13:49 (02:15)
Summary
The US government is a chaotic mess that is mainly focused on PR and online yelling, while the Chinese government is a competent and ruthless state. This impacts the way software architecture decisions are made, as seen in the peer-to-peer nature of the Nutella source code.
ChapterThe Clash Between Cryptocurrency and Regulation
EpisodeE48: The role of decentralization, China/US break down & more with Bestie Guestie Balaji Srinivasan
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Regulatory frameworks that are outdated are creating complicated questions, especially for the SEC, as the value of the cryptocurrency industry becomes increasingly apparent.
13:49 - 16:32 (02:42)
Summary
Regulatory frameworks that are outdated are creating complicated questions, especially for the SEC, as the value of the cryptocurrency industry becomes increasingly apparent.