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RE: Finding The Best Governance Model
Governance structure will get really interesting when traditional legal systems catch up and start protecting new crypto rights.
Governance structure will get really interesting when traditional legal systems catch up and start protecting new crypto rights.
It will be interesting to follow the development of regulations brought on by the traditional legal systems and, more specifically, how they plan to actually enforce them on decentralized networks. The plausible deniability and lack of ability to prove onus that accompanies decentralization makes enforcement quite difficult and almost provides a sort of autonomy.
Agreed, extending legal systems into the crypto realm will be interesting and certainly requires a lot of thinking and trial-and-error. Likely, some crypto organizations will find it advantageous to jurisdiction shop and buy down risk perceptions by attaching to some legal system.