Excerpt From “Moving Beyond Bitcoin” by Carla Reyes: Specifically, when this Article proposes an endogenous theory of regulation, it suggests that regulators undertake the dual task of enacting a law or regulation via statute and then implementing that statute through code by engaging in an iterative and cooperative process with the technologies' core developers and with consensus from the network, so that regulation is endogenously incorporated into the decentralized ledger technology and the applications running on top of the technology!