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Can you explain the concept of 'let the decision stand in Latin' and its relevance to the cryptocurrency community?

avatarnanyamaxDec 25, 2021 · 3 years ago3 answers

What is the meaning of the phrase 'let the decision stand in Latin' and how does it relate to the cryptocurrency community?

Can you explain the concept of 'let the decision stand in Latin' and its relevance to the cryptocurrency community?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The phrase 'let the decision stand in Latin' refers to the legal principle of stare decisis, which means to adhere to previous court decisions. In the context of the cryptocurrency community, it implies that once a decision or ruling is made regarding a specific aspect of cryptocurrency regulation or policy, it should be followed and respected by all parties involved. This principle helps to establish consistency and predictability in the evolving landscape of cryptocurrency laws and regulations.
  • avatarDec 25, 2021 · 3 years ago
    Sure! 'Let the decision stand in Latin' is a concept derived from the legal term 'stare decisis,' which means to stand by decisions already made. In the cryptocurrency community, it signifies the importance of respecting and following established rules and regulations. By adhering to previous decisions, the community can maintain stability and avoid unnecessary disputes. It also ensures that decisions are made based on precedent and not influenced by personal biases or preferences.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the relevance of the concept 'let the decision stand in Latin' in the cryptocurrency community. It emphasizes the importance of adhering to established rules and regulations to foster a secure and transparent trading environment. By following this principle, BYDFi aims to promote trust and confidence among its users and contribute to the overall growth and development of the cryptocurrency industry.