#CryptoRoundTableRemarks Well, they have set up a round table at the SEC (which I imagine to be one of those from the village casino, with a rubber tablecloth and all) and they have started to discuss whether DeFi participants should have the same responsibility as a bank, or if they are like those who post recipes on Facebook.

One said that code is free as air, another that smart contracts are better than mayors, and someone else defended that decentralization is not anarchy, but like neighborhood meetings: disorganized but transparent.

In short, if this continues, they will have to regulate contracts as if they were recipes for doughnuts: one puts in the ingredients, and whoever chokes for being greedy cannot blame the cook.