The permissionless nature of crypto creates a real tension. On one hand, it's the whole point—anyone can build and deploy without asking permission from gatekeepers. That's what makes it powerful. But here's the catch: that same openness lets bad actors operate too. Scams, rug pulls, exploits—they all thrive in a permissionless environment.
So where's the balance? You can't just slap on gatekeeping to 'solve' the problem, because then you're basically killing what makes crypto special. You'd just recreate the traditional finance model with all its limitations. The real answer lies elsewhere: better education, transparent tooling, on-chain mechanisms that surface risk, and community-driven verification. It's messier than centralized control, but it preserves the ethos.
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The permissionless nature of crypto creates a real tension. On one hand, it's the whole point—anyone can build and deploy without asking permission from gatekeepers. That's what makes it powerful. But here's the catch: that same openness lets bad actors operate too. Scams, rug pulls, exploits—they all thrive in a permissionless environment.
So where's the balance? You can't just slap on gatekeeping to 'solve' the problem, because then you're basically killing what makes crypto special. You'd just recreate the traditional finance model with all its limitations. The real answer lies elsewhere: better education, transparent tooling, on-chain mechanisms that surface risk, and community-driven verification. It's messier than centralized control, but it preserves the ethos.