Risk Assessment of Blockchains - Blockchains with arbitrary content pose higher legal and moral risks for operators compared to those confined to financial transactions [1] - Running a node that cannot selectively delete unacceptable content without functional disruption is riskier than data services with selective deletion capabilities [1] - Nodes discouraging arbitrary content through mechanisms like escalating fees or byte limits are less risky to operate [3] Content Categorization and Legal Implications - Moral and legal categories of arbitrary content vary widely, including CSAM/CP, obscenity, copyrighted material, censored political content, trade secrets, and classified material [2] - Jurisdictions (hundreds) treat these categories differently, with varying enforcement levels [2] - Governmental responses to different content types and across different governments are inconsistent and unpredictable [3]

https://t.co/qNZ7cZtQDgNick Szabo (@NickSzabo4):@DadGuy1986 @_DavidSFreeman @adam3us @colbyserpa @csuwildcat @ocean_mining The general legal risk increases with the number of bytes, with sharp increases as images become more legible. ...

RT Nick Szabo (@NickSzabo4)@DadGuy1986 @_DavidSFreeman @adam3us @colbyserpa @csuwildcat @ocean_mining The general legal risk increases with the number of bytes, with sharp increases as images become more legible. ...

RT Nick Szabo (@NickSzabo4)Having a feature that looks like it's intended for non-financial content may be a much larger legal risk than having a feature intended for financial transactions that is subverted to post non-financial content. It's not "all just bits" in the eyes of the law. Caveat IANAL. A feature that looks like it's intended for non-financial content also sends a strong social signal that non-financial content is welcome on Bitcoin. ...

solana has a federal rico lawsuit that could classify sol as a security and force exchange delistings. filed in july, includes jito labs and https://t.co/31ZmEI0BSv as defendants. discovery happening now. market pricing this at zero with $68b market cap and 9 etf applications pending. rico means treble damages and criminal liability. if plaintiffs have evidence of coordination between labs and validators, sol goes from etf candidate to delisted security. the gap between legal risk and market pricing is extr ...