RE: Uniswap Shows The Need For The SpkNetwork

One party the SEC can go after is developer teams. That's why they have to be anonymous like Satoshi was. Other entities various authorities can go after are witnesses, particularly consensus witnesses. It would be nice if they, too, could be anonymous or at least pseudonymous. That can be problematic, but it can also be problematic if they can all be served papers that say that they have to only allow such user-initiated transactions in the blocks they sign where the user's real world identity is known and whitelisted on some list held by the government.

That is how far governments could go if they really wanted. Also, Blocktrades is heavily involved in the development of Hive and Blocktrades is a company with an address and officers accountable for what the company does.

The only way to avoid these problems is jurisdiction shopping. That will become increasingly difficult the more mainstream the crypto space becomes.

Our best hope of avoiding government intrusion like that is for the world governments to be divided enough to never come to an agreement on how to regulate the crypto space. Trouble is they already are pretty much in agreement on a lot of things in international finance. The US is the leader of the West. The EU and the UK are other heavyweights in the West. What I'm hoping for is a fragmented West and a fragmented world in general. I really don't want these legacy entities and the regulators in their pockets to agree on anything.

One thing is certain: decentralization must be taken very seriously in every conceivable way. That also applies to Hive.

P.S. The founding of a Hive ETF is a both a terrifying and an awe-inspiring idea at the same time. The token price would moon no doubt but Hive would have to come under pretty heavy scrutiny before that could ever come to pass.

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