Can the law keep up with crypto?


Photo Illustration by Grayson Blackmon / The Verge | Photo by MDJ Photography

I’m going to let you in on a Decoder secret: at the end of last year, I tasked our producers with finding better ways for us to cover crypto and Web3 on Decoder. I don’t think it’s any secret that I’m fairly skeptical of crypto, but I want to come by that skepticism honestly — and on the flip side, I want to make sure to see its opportunities and benefits clearly. We’ve already done episodes on Bitcoin and DAOs (decentralized autonomous organizations), and we’re going to do more episodes as the year goes on.

A lot of Web3 ideas seem to run directly into the existing legal system in complicated and sometimes very funny ways. The NFT world seems to have an impressionistic understanding of copyright law. DAOs, well, they aren’t actually…

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