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Just like how the real world has shadow-banking to serve the marginalized, so should the internet. I'm keen on the idea that a vibrant portion of internet comm
by Mengkudulangsat 7y ago
Just like how the real world has shadow-banking to serve the marginalized, so should the internet.
I'm keen on the idea that a vibrant portion of internet commerce should be opaque to governments. Perhaps not the best place to start a formal business in; where you have to think about accounting and taxes, but it will be a boon for ad-hoc informal businesses.
I'd like to think of it as facilitating the primordial soup that will give rise to new ways of doing things.
- ddalex 7y agoI've seen postit notes in London advertising (illegal) weed sale by chatting on encrypted messenger and paying with crypto coin. Both attempts to keep the authorities in shadow. Add this to the black markets for exploits, data dump leaks, and skimmed CC info - I'd say that certainly there is a healthy shadow market on the webz out there. The only thing - it's not as visible as it was, say, 10 years ago, when Silk Road was well known, and we all know how that ended.