That’s called rent seeking I believe and it’s possible but it should only go so far if at all. He apparently has plans on how to mitigate rent seeking but I’m not sure on the specifics just yet but people could start pooling together to buy houses with their monthly checks and do communal living or other creative strategies to get around this kind of behavior. I think he has a real shot tbh. He’s beating Trump in early state Emerson polls, only behind Bernie Sanders. That’s pretty big imo.
Yang might have some good ideas and be a crypto favoring Democrat, but although he talks about bitcoin and all, he ‘seemingly’ misses out on the hard-cap btc has, which makes him just another democrat with non-sensical ideas, believing that throwing around $1000 fixed incomes will create prosperity.
So you might be right, he might very well give Trump a hard time in 2020
Is it because the threat to governments’ monetary policies is much more serious with Facebook and its 2.4 billion monthly active users? (bitcoin is still in “they laugh at you” stage, whereas libra starts directly at “they fight you” stage)
Or, they can’t do anything against bitcoin because it is decentralized, but they can block libra because it is centralized (even though the contrary is claimed in the white paper)
This one, imo. Liberty Reserve was shut down and people were put in jail. They were trying to create a competing currency to the dollar, backed by gold. I see no reason why Libre would be any different.
For a free market currency to be successful, it needs to be open source, distributed, unstoppable, with access available to anyone. Bitcoin nailed it and there was a strong reason why Satoshi wanted to remain anonymous.
While we may be past the need to anonymous teams in crypto, if it can be shut down and/or blocked, it most likely will be. If it is a large country sized corporation pushing it, this is even more true.
If SAFECoin can also be instant, free, untraceable, non-recorded and fully fungible, then it stands a chance of being very useful indeed.
Winston does not block any traffic using the Torrent protocol, but it does not provide any privacy protections for it, and it is not routed through the Distributed Privacy Mesh Network. This was an intentional decision on our part because Torrent is used for so much illegal content and file sharing that is expressly prohibited by our Terms of Service.
I’ll pass on Winston. But I’m interested in Freedombox.
Sound like it could be something for maidsafe. From their blog post
Examples of awards include projects that allow content creators the financial freedom to move away from advertising and data mining and applications that use the Web Monetization standard to build new functions into streaming payments
Special consideration will be given to creators who promote a vibrant commons; increase users’ autonomy, privacy, and control over their own data