Michael and many OG’s are honestly the only people who still get it. Onchain governance creates a new paradigm whereby EXECUTION is trustless, removing the need for regulations due to an absence of control.
Michael Egorov
@newmichwill
11-30
Laws and regulations are created for the era when intermediaries were the only way to run things, to keep them in control. You also had to split trust between several intermediaries who supposedly do not have conflict of interests for different parts of the process.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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