Web3? I have my DAOts

Post by cblconfederate » Tue, Dec 07, 2021, 1:53 AM UTC

TrackerFF wrote: post #174

cblconfederate wrote: post #160

Earlier quoted context omitted.

I d like to see them try to enforce the GDPR across the entire internet simultaneously People should realize that writing a law on a piece of paper doesn't make it real or enforceable

In many countries, it is possible to force ISPs to block content - and in the end, I guess it's easier for ISPs to simply not offer you their service, than face gov. mandated fines. It's a bit like cryptocurrencies and banks. Because it becomes such a big burden for banks (to prove that the money obtained by selling crypto is not related to funding terrorism, crime, etc.), many banks simply refuse service to customer…

Post by diveanon » Tue, Dec 07, 2021, 1:53 AM UTC

brandonmenc wrote: post #86

iskander wrote: post #63

Earlier quoted context omitted.

>I own several crypto-currencies and there hasn't been a single moment in which I thought of buying something with a crypto-currency. This is entirely personal and subjective, but I prefer the user experience of Aave and Yearn to traditional banking with e.g. Chase. I also would way rather make large purchases with crypto (e.g. down payment on a house) compared with wiring money.

> I also would way rather make large purchases with crypto (e.g. down payment on a house) For a purchase that large, I would rather make it in person. With a check. Which is way more secure than crypto or a wire transfer.

Post by diveanon » Tue, Dec 07, 2021, 1:55 AM UTC

pavlov wrote: post #46

Uehreka wrote: post #33

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I said this in another comment on this post, but check out ENS. I’ve been a blockchain skeptic for a long time (and still am about art NFTs and most other things) but the idea of “SSO without a company attached” feels like something the mainstream public actually does want (think of all the negative public sentiment around big tech companies harvesting data and the grudging acceptance people have of their dependence…

The mainstream public doesn't want their identity attached to a private key that they can lose. And if you're letting someone else store the key, then it's just another form of "Login with X".

Post by DennisP » Tue, Dec 07, 2021, 1:56 AM UTC

PragmaticPulp wrote: post #137

twic wrote: post #133

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People are probably tired of hearing this, but this is not a problem with wiring, it's a problem with US banks. When i bought my home in the UK six years ago, i phoned my bank, told them how much i wanted to send and to who, and they did it, with the money arriving straight away. If the amount had been less than 20k, i could have done it online rather than over the phone; the back-end payment machinery is the same, b…

> People are probably tired of hearing this, but this is not a problem with wiring, it's a problem with US banks. I have a US bank and I can send wires online. It's really not uncommon. I don't understand how or why the OP is banking with an outdated bank an hour away from his house when there are good options that can be accessed entirely online. There are a lot of behind-the-times banks in the US, though. If you're…

Post by __MatrixMan__ » Tue, Dec 07, 2021, 1:59 AM UTC

daoismyname wrote: post #85

gfodor wrote: post #50

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Even if nothing else pops out, it’s a huge error to point to illegal activity as some kind of bad, irrelevant use case. That smuggles in an assumption that lawbreakers are universally evil. There have been plenty of periods in history where those enforcing the law in a given country were the oppressors, and the resistant lawbreakers the innocent. It’s worth considering what the value proposition of crypto looks like…

> It’s worth considering what the value proposition of crypto looks like if you were to find yourself living under an illegitimate authority The cables where communications pass through are protected by armies If crypto eventually could pose a threat to those illegitimate authorities, they would give orders to cut the cables and games would be over. they could also trace them back to your house.