#CryptoRoundTableRemarks ⚖️ — Code, DeFi & Accountability
At the latest SEC roundtable, some bold truths surfaced about how we regulate code in a decentralized world:
🗣 SEC Chair Atkins:
Engineers shouldn’t be held liable for how others use their code.
📜 Hester Peirce:
Code is protected speech under the First Amendment.
🔗 Erik Voorhees:
Smart contracts are a step function improvement over human regulators.
💡 The bigger debate:
Is decentralization lawless, or just differently governed — by transparency, predictability, and user control?
🤔 My Take:
Open-source DeFi devs = builders of tools, not financial gatekeepers.
But intent matters — hiding fraud behind “code” isn’t innovation.
As $ETH
and DeFi ecosystems grow, regulation must evolve — to focus on outcomes, not control.
Protect freedom to build, but enforce accountability where manipulation occurs.
👇 Where do you stand? Should devs be protected like open-source coders, or held accountable like banks?