I'm curious how this could impact the cryptocurrency space. If the government is effectively showing willingness to hand the Internet over to moneyed interests, does that damage the assumption that the Internet is a failsafe medium for cryptocurrency networks to operate? Should we also fear the banks using similar leverage to protect their interests if it looks like cryptocurrencies stand a reasonable chance of circumventing their oligopoly?
Anybody counting on the Internet for their disruptive future plans should hear this message loud and clear.
Anybody counting on the Internet for their disruptive future plans should hear this message loud and clear.