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Most people who enter the world of blockchain, cryptocurrencies and the metaverse find themselves driven by the desire to change their lives
Blockchain, cryptocurrency, NFT and metaverse enthusiasts see this new world as a life-changing opportunity. And it is. But as with any big change or turning point, there are dangers and fears to overcome. Operating with blockchain allows us to live wherever we want or to be digital nomads. But be careful, all that glitters is not gold.
Lawyer Giovanni Caporaso Gottlieb made the first breakthrough 30 years ago, when he moved from Rome to Panama. Today he says he has made the second breakthrough by bringing his law firm to the forefront and offering services related to blockchain entrepreneurs and consumer protection.
Blockchain services have changed the lives of many by simplifying trade and transactions. Using smart contracts on the blockchain, many types of transactions can be carried out in a quicker and more secure way. New companies, business opportunities and methods of managing bureaucracy have been developed on the blockchain. Even governments offer services through the blockchain and digital currencies.
Unfortunately, as in any new field, criminals and fraudsters have found an easy field: consumer ignorance and legislative lacunas. Once again, a dispute has opened up between prohibitionists and liberals, but changes and revolutions cannot be stopped.
Tailor-made legal services
Lack of a specific culture and a generational gap has opened up. Legislators rush to create regulations, but they are also often misinformed. The world is divided in two, between those who see blockchain and its applications as a more liberal and decentralized system and those who are afraid of change claiming it is all a bluff.
Lawyer Giovanni Caporaso Gottlieb has created a team of advisors and specialists that has enabled the law firm Caporaso & Partners to develop tailor-made legal services for entrepreneurs interested in expanding their activities in this area, and to protect users from scams and abuses of the new, often non-regulated, financial structures.
¨We need to create a mass culture about blockchain¨ points out lawyer Caporaso and continues: ¨Cybercriminals take advantage of the cultural gap that has been created in this field, to attack people who are less informed or hungry for easy profits. Prohibition is useless if misinformation persists. Condemning or banning cryptocurrencies is meaningless. It would be like banning stocks because there are unscrupulous financial groups selling their junk bonds. As in all fields, accurate and detailed information creates awareness.¨