kaal:claim:3782201-029

Regulatory approaches of the early 2020s largely undermined the evolution of decentralized technology, because decentralized solutions at their core negate external control, censorship, and oversight while the legal initiatives treated government control as indispensable.

Source quote, verbatim

Yet, decentralized technology solutions, at their core, negate external control, censorship, and oversight. Accordingly, the then-proposed approaches largely under- mined the evolution of decentralized technology.

From

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021), Path dependencies, p. 25
https://ssrn.com/abstract=3782201 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201

Holds when

United States regulatory initiatives of the early 2020s focused on securities tokens

Classification

failuresupport: arguedfailure: regulatory incompatibilityfamily: innovation-chillingsecurities-lawdecentralization

Related claims

restated_by kaal:claim:3808873-023 Government controlled regulation of the evolving digital asset space was perhaps the leading decentralization ...

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