The document discusses several key themes around regulating behavior in cyberspace: 1) Code is a primary regulator of cyberspace as it can make the internet more or less regulable. Regulations can be built directly into code. 2) As more activity moves online, different sovereign governments will increasingly come into conflict as they try to regulate behavior. 3) Balancing free speech, privacy, and intellectual property protections online will require navigating latent ambiguities as values from the physical world are translated to cyberspace.