At the Bankless Summit, the grand finale is a conversation that couldn’t be more timely. Peter Van Valkenburgh, Director of Research at Coincenter, takes the stage with a narrative that dives deep into the challenges of privacy and surveillance in the modern digital era.
The Legal Framework of Privacy: Lessons from History
Peter opens his presentation with a case from 1348, I de S et ux. v. W de S, where the principles of harm and accountability laid the groundwork for modern legal systems. This historical context sets the stage for understanding how foundational legal principles are being tested in today's hyper-connected world.
This centuries-old case demonstrates how law evolves to reflect societal needs—needs now challenged by an unprecedented surveillance economy. The question is, as technology accelerates, can our private laws keep pace?
Privacy and Its Fragile Future
Throughout his talk, Peter underscores the fragility of privacy in a landscape dominated by powerful corporations and state actors. In his research, he emphasizes that privacy is no longer an abstract ideal but a critical component of personal freedom, economic stability, and social trust.
His analysis reveals a stark truth: as poverty drives systemic crime (as reflected in his quotation, “Poverty is the mother of crime”), the erosion of privacy magnifies vulnerabilities, particularly for the most disadvantaged communities. Surveillance isn’t just about cameras on the streets—it’s about who controls the narrative and data, and who ultimately profits from its use.
Accelerating Solutions: How Web3 Can Help
Peter’s presentation transitions into the solutions offered by decentralized technologies. From encrypted messaging platforms to trustless smart contracts, the tools for reclaiming privacy are already here. However, their adoption depends on collective awareness and robust legal protections.
Coincenter’s role in advocating for balanced policies is pivotal. Peter outlines how his organization is working to ensure that innovation isn’t stifled by overzealous regulation while protecting individuals' rights in a digitally native economy.
Why It Matters for Everyone
Peter’s closing call to action resonates with a core theme of the Bankless ethos: building a future where individuals are empowered to own their financial, digital, and personal sovereignty. The fight for privacy isn’t just for tech enthusiasts or legal scholars—it’s for anyone who values the freedom to live without constant scrutiny.
As the Bankless Summit’s final talk, this session is more than just an exploration of privacy and surveillance. It’s a reminder that we all have a stake in shaping the future of freedom in the digital age.
Stay tuned for the full video of Peter Van Valkenburgh’s presentation, and join the conversation on how we can accelerate private law to protect our most fundamental rights.