$USDC #CryptoRoundTableRemarks in the latest discussion session on cryptocurrencies at the U.S. Securities and Exchange Commission (SEC), prominent figures discussed decentralized finance (DeFi), programming, and regulation:
• SEC Chairperson, Atkins: "Engineers should not be held responsible for how others use their programming."
• Hester Peirce: "Programming is free speech protected by the First Amendment."
• Erik Voorhees: "Smart contracts are a progressive improvement over human regulators."
• Others argued that decentralization is not lawless - rather, it is transparent, predictable, and user-driven.
💬 What do you think of these remarks? Should decentralized finance (DeFi) developers be protected like open-source software developers - or held accountable like financial intermediaries? How should regulation evolve as the reliance on programming in finance increases?