4 ms·
"...if the [Blockchain-Based Service Network (BSN)] (...) gains significant international adoption, it could give the CCP greater influence in digital commerce
by room505 6y ago
"...if the [Blockchain-Based Service Network (BSN)] (...) gains significant international adoption, it could give the CCP greater influence in digital commerce and complicate U.S. economic statecraft. For decades, U.S. financial authorities have benefited from the ubiquity of U.S. computer infrastructure in global business. The BSN is trying to challenge that norm."
"...software developers should think twice about investing their intellectual and financial capital into infrastructure controlled directly by the CCP. If the BSN does scale up, so will China’s digital authoritarianism."