kaal:claim:3002908-007

Enforcement against the blockchain is unlikely to work because it is maintained and owned by a distributed group of anonymous users worldwide who would not likely recognize or comply with any legal authority.

The blockchain is entirely maintained and owned by a distributed group of anonymous users located throughout the planet who would not likely recognize or comply with any legal authority.

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), III. Regulatory Recognition of Blockchain Technology, p. 12
https://ssrn.com/abstract=3002908 · source PDF

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

failuresupport: arguedfailure: noncompliant-anonymous-participantsfamily: enforcement-gapcompliancedecentralizationlaw-and-legal-systems

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