Sansa.eth

Interested in the legal side of web3

[Sansa.eth @sansadoteth]

Art dealers could be considered financial institutions by regulators in the future. NFT exchanges could be regulated under this same theory.

[Sansa.eth @sansadoteth]

@NTmoney Ethereum really displaces the legal system as an enforcement mechanism. We no longer need the court system to enforce transactions retrospectively when smart contracts won't allow transactions to go wrong (when constructed correctly).

[Sansa.eth @sansadoteth]

I want to see coinbase's stats on user visits from that super bowl commercial

[Sansa.eth @sansadoteth]

19th century US bank notes were currencies that were: competing with each other, private, and variable in price. They were regulated from inception but still taxed out of existence by the federal government. seeing numerous parallels with crypto and potential gov policy today.

[RYAN SΞAN ADAMS @RyanSAdams]

If we don’t regulate ourselves they’ll do it for us.

[Sansa.eth @sansadoteth]

OpenSea voluntarily decided to provide redress to users whose NFTs sold at old listed prices, even though the party at fault is ambiguous. Can we rely on platforms to refund users voluntarily? Is there a better method to make users whole when something goes wrong?

[Sansa.eth @sansadoteth]

snagged a new pfp @Crypto_Skulls

[Sansa.eth @sansadoteth]

making PFP verification only available to Twitter Blue subscribers is the epitome of web2

wen web3 social network???

[Sansa.eth @sansadoteth]

@RyanSAdams User pressure seems to have made a bigger difference than formal regulation. I've noticed a lot more "edit your privacy settings" options and notifications about apps tracking my location, etc. Voting with your wallet works.

[Sansa.eth @sansadoteth]

@dcinvestor Do you think there should be an updated ERC for NFTs that includes the capability to will away the contents of your wallet? Or trust that artists will pass their private keys down to their heirs?

[Sansa.eth @sansadoteth]

@vicktoriouseth I went through this too. Spent weeks looking through female pfp collections of 10,000 before I decided to aim for a female punk one day and get a 1/1 painting by a female artist in the meantime. Ended up very happy with that route!

[Sansa.eth @sansadoteth]

had a dream the other night that the flippening happened.

consciously and subconsciously expecting big things for ETH in 2022

[Sansa.eth @sansadoteth]

first time seeing some friends after the holidays and three people have already asked me about NFTs... normies are getting the memo

[Sansa.eth @sansadoteth]

@MoonbaseOtago @beaniemaxi Yes, that is why I believe self-enforcement within the community is the best approach. What do you think? Also, the blockchain is immutable so the courts would not be able to edit it even if they wanted to.

[Aaron Wright @awrigh01]

Ethereum is a nationstate:

- protecting property rights for the metaverse
- creating voluntary rules for commercial activity
- reprogramming value flows across the world
- reinforcing democratic voting for millions
- building an ecosystem of flexible, programmable orgs (DAOs)

[Sansa.eth @sansadoteth]

eminem just gained so many CT followers 😂

shows the power of embracing the community

[Sansa.eth @sansadoteth]

@beaniemaxi "code is law" does not mean that whatever happens in a smart contract is legal. it means that whatever the smart contract says will happen, happens. code is an enforcement mechanism, just as the law is.

[Sansa.eth @sansadoteth]

@motdraw1 @NFOGtweets @olivegarden @darden @opensea My understanding of the DMCA is that the platform is required to take down the allegedly infringing content upon receipt of a takedown notice. However, if a counter-notice is submitted to the platform, they must put the content back up unless the alleged owner files a lawsuit.

[Sansa.eth @sansadoteth]

@NFOGtweets @olivegarden @darden @opensea have you considered submitting a counter-notice to OpenSea?