NextMeta #6 - Real Threat To Crypto w/ Gabriel Shapiro

NextMeta

The biggest regulatory threat to crypto is not Gary Gensler and the dreaded SEC. Why? We‘ll let Gabriel tell you all about it. Other than that, he‘ll be talking about upgrading DAOs with BORGs, about the whole suite of tools being built by MetaLeX and about his crypto lawyer journey of making the traditional legal systems obsolete.

"We can create our own legal structures and we can show to the world that our combinations of tech and agreements are better than anything that existed before."

Wait, WTF are BORGs, you ask? They‘re autonomous legal entities that work alongside DAOs to provide accountability and constrained operation. Overall, GAbriel shares how MetaLeX is building both legal and technical solutions to make crypto and law work together in a cypherpunk way.

"Bitcoin kind of separated money from the state, Ethereum kind of separated finance from the state. I think the third frontier is separating law from the state."

Gabriel also highlights a major regulatory concern in the crypto space that he believes is massively underappreciated: the CFTC's actions against DeFi protocols and the legal implications of cases like Avi Eisenberg's. He emphasizes the importance of creating crypto-native legal structures that preserve the core values of crypto.

"The CFTC has really gone after DeFi protocols over leverage as well as what are called swaps... if all these things are required by law to be intermediated, crypto is absolutely decimated."

Things discussed:

- Gabriel‘s background in corporate M&A

- Why law can be interesting

- Mattereum's approach to tokenization and legal compliance

- Introduction to MetaLeX and Borgs

- Evolution of decentralized organizations and modularization

- Separation of law and state

- Overview of MetaLeX's current projects

- Discussion of major regulatory concerns - Potential of crypto to create better legal and financial structures

Links: Gabriel‘s links⁠