#CryptoRoundTableRemarks The question revolves around whether decentralized finance (DeFi) developers should be:
1. Protected as open-source developers, similar to those who contribute to projects like Linux or Bitcoin Core.
2. Held accountable as financial intermediaries, because the software they create can move, hold, or lose large sums of money.
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⚖️ Arguments in favor of protection as open source
Freedom of expression: Code is considered by many as a form of expression. Punishing developers for writing code is seen as a threat to fundamental rights.
Genuine decentralization: In many cases, developers have no control over smart contracts once deployed. The software operates without direct intervention, which distances them from the functions of a "mediator".
Encouragement of innovation: Imposing legal responsibilities similar to those of a financial institution can stifle open innovation in the crypto space.