Bitcoin Magazine SEC Commissioner Hester Peirce Speaks On Privacy And Permissionlessness At PubKey Yesterday, SEC Commissioner Hester Peirce sat down for a fireside chat with NYDIG founder Ross Stevens at New York City’s Bitcoin-themed bar PubKey. The two traversed a number of topics during their discussion, including why it’s important that the world has a permissionless network and asset like Bitcoin as well as why transactional privacy should be a right for U.S. citizens. Peirce didn’t mince words during the discussion, yet she also spoke with nuance and thoughtfulness as she responded to questions from not only Stevens but from members of the audience during a Q&A session, as well. On Permissionlessness Toward the onset of the talk, Peirce highlighted the fact that Bitcoin is a tool for freedom fighters as part of a broader theme of why it’s crucial that permissionless technology like Bitcoin exists. She said that she often thinks about what it would have been like if someone like Harriet Tubman had had Bitcoin. Stevens then posed a question about the risk of a situation in which a U.S. president issues an executive order that authorizes the government to confiscate U.S. citizens’ bitcoin, like the way Executive Order 6102 enabled the government to seize U.S. citizens’ gold in 1933. Peirce admitted that “it’s still possible for an Executive Order like 6102 to happen in the U.S.,” and made the case that it’s up to us to remain vigilant so as not to permit something like this to happen again. “To protect ourselves from something like Executive Order 6102, we must reaffirm the founding principles of America and hold the government accountable to those principles,” said the commissioner. Stevens added that some of Bitcoin’s qualities, such as the ability to store one’s seed phrase in one’s mind, make it more resistant to seizure than gold and, therefore, a better freedom-preserving technology. (The topic of owning actual bitcoin, or holding one’s own bitcoin private keys, as a means of embracing the true nature of Bitcoin as a permissionless technology versus having bitcoin exposure via spot bitcoin ETFs or through custodians arose at many points in the discussion.) Further along in the discussion, Peirce stressed the importance of the U.S. government continuing to view code as speech, a topic that Stevens brought up and has written extensively about. “It’s important as regulators for us to treat code as speech,” began Peirce. “Otherwise, developers would have to check their code with the government before publishing it,” she added, before also noting that developers having to do this could stifle and undermine their ability to publish open-source software. On Privacy Halfway through the talk, Stevens asked Peirce if Americans should be free to use crypto mixers. Before directly commenting on the matter, Peirce spoke more broadly to the concept of financi in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. 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SEC Commissioner Hester Peirce addresses the topics of privacy and permissionless systems during her talk at PubKey.
