DCCPA is basically a DINO
dev co/CEX merger settlement. Contemplate it the traditional Netflix/DMCA vs. bittorrent shareholder enrichment technique. By making DINO interfaces authorized, regulated and handy, most individuals will forego interacting with totally decentralized interfaces.
It would not clear up the basic subject of permissionless blockchains present, however would not actually need to within the close to time period (that turns into extra tractable for LE). It turns the DINO VC dev cos into a brand new type of middleman that exist with CEX & CFTC safety
DINO interfaces get privileged retail entry via present net infra/CFTC registered CEX interfaces. This permits TradFi to soak up DeFi tech, and offers DINOs exit liquidity for his or her conflicted frequent share fairness. Win for everybody besides those that care concerning the tech or regulation
Notably, not one of the individuals who hate or love the tech are happy with this compromise, as a result of it’s a superficial repair that enriches mercenaries, and does nothing to resolve the respectable authorized or technological debates between regulatory and decentralization maxis
–makesy ?
