Why Nostr? What is Njump?
2024-08-13 23:30:40
in reply to

Electric Sheep on Nostr: "The problem is centralized control." 100% "We can't trust companies to run our ...

"The problem is centralized control."

100%

"We can't trust companies to run our primary communications infrastructure."

Corporate oligopolies, yes. Small businesses - especially co-ops and social enterprises - that are directly accountable to their customers? These we can trust.

"Government regulation only makes matters worse because it creates new legal barriers to entering the industry, which protects incumbent players and stifles innovation."

This is called "regulatory capture", not "government regulation". There's certainly plenty of that about; link taxes, "chat control" etc. There's also regulations like the GDPR and DMA in the EU, and similar privacy protection and monopoly prevention laws in other jurisdictions, that are slowly but surely eroding the power of Big Tech and other corporate oligopolies.
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