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RE: How Important Is Decentralization?

in LeoFinance • 2 years ago

As something that has become mainstream, decentralization should be the main choice that must be followed and regulated by regulation.
But, will regulation interfere with the decentralization mechanism?

2 years ago in LeoFinance by
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     2 years ago  

    But, will regulation interfere with the decentralization mechanism?

    They will certainly try. But first we need something really/actually decentralized.

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     2 years ago  

    If something is truly decentralized, regulation is of no impact.

    But as was stated, it has to be truly decentralized.

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     2 years ago  

    Exactly, by its nature it resists and becomes resistent to regulation.

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     2 years ago  

    Hmmm…
    I think that by its very nature decentralization resists and ignores regulation, because regulations can become, to an extent, unenforceable. If there is no CEO to arrest, or central office to shut down, things get complicated from an enforcement perspective.

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