2024-11-15 –, Finney Stage
The bitcoin network exists without the need for any regulatory system, however regulation may still have an important role in a hyper-bitcoinized world... After all, projects and businesses will still require capital and investors and savers will still need to know whether an investment or project is legitimate, safe or sound. So how will regulation look like in a decentralized world? Is regulation without a centralized, territorial regulator possible?
OpnState has designed a regulatory framework for digital asset services in a small but significant juridiction - doing this has allowed him to uncover the flaws and perils of centralized regulation. Modern centralized regulators have only existed for less than a century - during which time they have gradually accumulated an inordinate amount of power and become weaponized tools for political means and oppression.
This session will allow OpnState to (for the first time) unveil his new primer on a decentralized regulatory framework.
OpnState develops policy and drafts legislation for a major financial center. His insider view on how governments operate has given him insights on very worrysome trends on the centraliztion of power globally and the loss of a government's accountability to its citizens. He wants to have a candid discussion on what is happening, and what can be done about it.
He has written a primer on a free-market decentralized regulatory framework which can be accessed at decentralizedregulation.org