In the latest discussion session on digital currencies at the U.S. Securities and Exchange Commission (SEC), prominent figures discussed decentralized finance (DeFi), programming, and regulation:

• SEC Chair, Gensler: "Engineers should not be held responsible for how others use their code."

• Hester Peirce: "Programming is free speech protected by the First Amendment."

• Erik Voorhees: "Smart contracts are a gradual improvement over human regulators."

• Others argued that decentralization is not lawless - rather, it is transparent, predictable, and user-directed.

💬 What do you think of these comments? Should DeFi developers be protected like open-source software developers - or held accountable like financial intermediaries? How should regulation evolve as the reliance on programming in finance increases?