#CryptoRoundTableRemarks "Regulate this if you can!" — How the SEC accidentally reinvented America

Let's talk about a shocking event that went almost unnoticed by the masses. Imagine — regulators gathering not to shut down innovation, but to... think. Yes, it sounds like an oxymoron. But it happened. The SEC held a roundtable on DeFi. And you won't believe it, someone actually spoke the truth there.

Code is speech, not a crime

It turns out, code is not evil. It's speech. The First Amendment. The holy cow of American freedom. SEC Commissioner Hester Peirce stated outright:

"Code is a protected form of expression!"

Seriously? So now, if you're writing a smart contract, you're not a hacker, not a criminal, but... a poet of the Web3 era? Apparently, yes.

Engineer ≠ drug lord

And here’s a sensational statement from SEC Chairman Paul Atkins. I quote:

"Engineers should not be held responsible for how others use their code."

This is like saying that a chef is not at fault if someone gets poisoned after eating his lasagna three weeks past its expiration date. Common sense? In American bureaucracy? What’s next — the tax office will stop considering air as a taxable object?

Voorhees strikes back