now we talk i talk about a few ideas good regulators requisite variety self-organized criticality and then the 01:35:04 free energy principle from active inference um and uh maybe i'll just try to briefly talk mention what's what those means for what those ideas mean for people who 01:35:15 aren't familiar so good regulator really came from the good regular theorem or whatever it's called really came from cybernetics ash ashby yeah a lot his law of requisite 01:35:33 variety and uh the it's the concept is that a organism or a you know a system must be must be a model of that which it but 01:35:47 that needs to control

Regulating cryptocurrency without hindering innovation is a challenge for many governments. But Japan seems to be striking a pretty good balance. After the Coincheck incident, the FSA “studied very hard about cryptocurrency and cybersecurity” and wound up better informed than most consultants in the industry, says Oki Matsumoto, chairman and managing director of Monex, Coincheck’s new owner.