$ETH 📢 The Freedom and Responsibility of DeFi Developers: Where to Go from Here?
As the Ethereum ecosystem continues to expand, ETH is no longer just an asset but also a carrier of rules. How should future regulations be designed to protect users while not stifling innovation?
At the latest SEC cryptocurrency roundtable, several heavyweight figures spoke out:
🔹 SEC Chairman Atkins pointed out: "Engineers should not be held responsible for how others use the code."
🔹 Commissioner Hester Peirce stated: "Code is a form of free speech, protected by the First Amendment."
🔹 Erik Voorhees emphasized: "Smart contracts are a leap forward from human regulators."
🔹 Participants noted: "DeFi is not lawless, but rather transparent, predictable, and driven by users."
This debate touches on the core values of the DeFi world — decentralization ≠ irresponsibility, but innovation should not be judged through a centralized mindset.
✅ Should developers who only write code, without controlling assets or operating platforms, receive legal protection like the open-source community?
⚖️ Or, when code is widely used for financial activities, should developers bear responsibilities similar to those of "financial intermediaries"?
💬 What do you think? Is DeFi freedom or risk? How should rules be encoded to truly achieve fairness?