Final weekend, whereas attending the MIT Bitcoin Expo, I used to be given the chance to sit down with Timothy Massad, a Kennedy Authorities researcher at Harvard College and a former chairman of the US Commodity and Futures Buying and selling Fee (CFTC).
Massad served as head of the CFTC from 2014 to 2017, and it was beneath his management that Bitcoin was categorised as a commodity.
In recent times, Massad has shared his ideas on what laws on Bitcoin and digital belongings appear to be. He appeared on Bloomberg to debate the problem and lately testified on the first Senate Banking Subcommittee listening to on digital belongings.
Massad considers the necessity for the US authorities to watch networks as one of many greatest challenges at the moment dealing with regulators, bearing in mind the necessity for the US authorities to stability their privateness when utilizing public blockchains.
He defined that when doing issues as trivial as ingesting espresso with digital belongings, it’s important that folks cannot see the stability of our funds or all the transaction historical past.
In our dialog, he acknowledged that innovators growing applied sciences that discovered this stability have discovered the “Holy Grail.”
You possibly can see the interview right here:
The put up was first revealed in Bitcoin journal by Timothy Massad, former CFTC president on Bitcoin and digital belongings privateness, and written by Frank Colva.
