The main thing I see it accomplishing is reinforcing the precedent of accountability; that if you do something bad, the community will hold you accountable and penalize you. However, my sense is that the community already does a pretty good job of this, a good enough job such that there isn’t really a need to tug harder on the accountability string.
Yeah, we’re so great at that that we caught FTX in advance, right?
No, seriously, given stuff like FTX, what exactly gives you the impression that we’re good enough at accountability? Even if we consider FTX to be a one-off outlier, outliers with outsized impact deserve outsized consideration nonetheless.
Yeah, we’re so great at that that we caught FTX in advance, right?
No, seriously, given stuff like FTX, what exactly gives you the impression that we’re good enough at accountability? Even if we consider FTX to be a one-off outlier, outliers with outsized impact deserve outsized consideration nonetheless.