X @Nick Szabo

Legal & Regulatory Concerns - The industry highlights the necessity of narrow legal scope for transactions, especially when avoiding court arbitration [1] - The industry emphasizes that laws, including those with long precedent and high motivation, apply to non-financial content, an area where crypto lawyers may lack expertise [2] - The industry suggests that the legal landscape for non-financial content differs significantly from that of financial transactions, which have established regulations and legal professionals [2]