Blockchain Revolution

Blockchain Industry Pioneers
Vanguards in the industry, from Erik Voorhees to Roger Ver, believe any form of
formal governance, regulation, stewardship, or oversight is not only foolish, but
antithetical to the principles of bitcoin.
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Said Voorhees, “Bitcoin is already very well
regulated by mathematics, which are not up to the whims of governments.”
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However, as the industry has expanded, many entrepreneurs are seeing a healthy
dialogue with governments, and a focus on governance more broadly, as a good thing.
Companies like Coinbase, Circle, and Gemini have joined trade organizations; and
some even maintain close relations with emerging governance institutions, such as the
Digital Currency Initiative at MIT.