top of page

NFT Lawyers? to Metaverse Lawyers? To Now Specializing in Artificial Intelligence? What's Going On?

The Internet has changed the world in unprecedented ways, and with its growth, legal issues have arisen that need to be addressed. While many people claim to be experts in the "Internet Laws" that govern cyberspace, the truth is there are really no specific laws designed for the internet itself. Instead, there are general legal principles that apply to cyberspace, and many of these have been adapted from existing laws. The most well-known internet law is the Digital Millennium Copyright Act (DMCA), which was passed in 1998 to address copyright infringement on the internet. Since then, there have been few new laws created specifically for the internet, despite the rapid evolution of technology. This fact however, has not stopped lawyers from jumping on every trend and claiming to specialize in new areas of law such as #NFT law, #Metaverse law, and now Artificial Intelligence law. While some of these lawyers may have a basic understanding of the underlying technology, they often lack the necessary expertise/backgrounds to truly understand the legal implications and issues at hand. Many of these lawyers are "Intellectual Property" lawyers, who have a background in copyrights and trademarks. They are trying to apply their knowledge to new technologies and trends they know little to nothing about. It's like someone who doesn't know a piece of pine wood from cedar wood, can't tell the difference between a screwdriver and a hammer, trying to tell a master carpenter what to do. While this may work in some cases, it is not the best approach. Each area of law has its unique challenges, and it takes years of study and experience to truly become an expert. These individuals are claiming they know about an area of law that doesn’t even exist yet. To date, the disputes that have arisen within cyberspace have been decided within biased kangaroo courts like the World Intellectual Property Organization (WIPO) and the National Arbitration Forum (NAF) now simply known as the "Forum." These organizations lack the necessary transparency and due process that are crucial in ensuring a fair and just outcome. They are by no means a decentralized and transparent legal system. This means that decisions are often made without considering the full range of factors, and can be influenced by outside factors such as politics and economics. They are comprised of an archaic groupthink trying to remain relevant and viable. Despite these challenges, there is reason for optimism. With the advent of the Quantum Financial system, there is an opportunity to create a new, more equitable legal framework that can preserve the freedom and benevolence of cyberspace. This can be achieved by acknowledging that lawyers are not always necessary, and that we need to be cautious of those who make bold claims about their expertise without fully understanding the technologies and trends they are discussing. Challenge lawyers and judges on social media by asking them: “What exact internet law or laws are you referring to?” Ask them if it is possible that they might not know everything. While there are no specific internet laws with any real teeth created this century, there are general legal principles that apply to cyberspace and that's it. Be wary of lawyers who bombard social media day after day and claim to be experts in new areas of law that do not exist. Those within Web3, crypto and blockchain technology have the opportunity to create a more decentralized and equitable legal system that incorporates a more collaborative approach, with individuals and organizations (DAO’s) working together to create frameworks that can protect everyone's rights. Within the Quantum Financial system and a new legal framework, we must preserve the freedom and benevolence within cyberspace and now blockchain entities. This requires a willingness to acknowledge the limitations of our current legal system. This will require a fundamental shift in the way we think about the role of lawyers in the digital age. Lastly, this will require courage to stand up and speak out against some of the most skilled and brilliant users of language: "predatory lawyers."

76 views0 comments


bottom of page