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RE: What the death of net neutrality means for blockchain technology and why it will backfire against authority

in #bitcoin7 years ago

"Net neutrality" is just internet regulation. Just because they insist motives are altruistic doesn't mean thats the limit of what regulations will be put in place, why are so few people skeptical of the government claiming to be altuistic? Classifing ISPs as title 2 gives the FCC discreet regulatory authority, a centralized control stick for lobbyists, of course it would be abused.

I understand the concern over the decreasing competition of ISPs, that always happens as a technology matures and commoditizes, if the market is allowed to innovate freely, it will be disrupted. If innovation is limited by regulation, it will prolong the status quo, and increase monopolization.

There are allegorical parellels throughout history, we need to be patient and let the market find a solution.

If we want regulation, laws against cronyism could be useful, not more regulation over what little free market we have left.