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I don’t think I know anyone who frequently pirates music anymore… Mostly due to superior products coming out (Rdio, Spotify) but given that a founder of Spotif

I don’t think I know anyone who frequently pirates music anymore… Mostly due to superior products coming out (Rdio, Spotify) but given that a founder of Spotify was involved in the torrent community, don’t think it’s a crazy theory to say the legal pressure created product pressure.

lucasyvas 6y ago
You hit the nail on the head for this particular example. It took YEARS for the industry to suck it up and make it as convenient as it needed to be, though. The difference here is that TSLA is already accepting Bitcoin, and the financial sector is already building on Ethereum. So is it really going to be illegal or are there just going to be smoother experiences layered on top that the average user will flock to? Because I'm guessing, based on where we are, that it has to be the latter at this point. Illegal use will be minimized by a new breed of middleman. It's not ideal, but it's right for the majority of people I think.
- pyrale 6y ago
  What happens the day Tesla or the platform that processes payments for them gets subpoenaed for accepting coins from a ransomware attack? I suspect they will quietly drop their coins and stop accepting new ones, especially since that's unlikely to be a common payment method.
syshum 6y ago
For music yes, largely because the music industry has been unable to resist the devaluation of their product in the modern era.. the Public simply is unwilling to pay $20 for a CD that maybe has 1 good song on it any more. Other entertainment has been better able to resist this, those COVID has dealt a much needed blow to the value of Movies it is yet to be seen if this industry will recover. Unauthorized distribution of non-music media is still very much alive and more popular than ever really. It is also becoming more popular since unlike the music industry the video industry is creating 10's even 100's of walled gardens, that are IP and Geographically locked to hold on to old outdated distribution models I know many people that are growing tired of the "Which streaming service has the show or movie I want" which question that changes on a monthly basis, a Netflix may have it today, but Prime may have it tomorrow, then Hulu may get it later, as it leaves each of these platforms. Most people subscribe to a single music service, however today you need to sign up to 3 or 4 or 5 Video services, that will drive more people back to unauthorized sources that are more convenient

lucasyvas 6y ago

You hit the nail on the head for this particular example. It took YEARS for the industry to suck it up and make it as convenient as it needed to be, though. The difference here is that TSLA is already accepting Bitcoin, and the financial sector is already building on Ethereum. So is it really going to be illegal or are there just going to be smoother experiences layered on top that the average user will flock to? Because I'm guessing, based on where we are, that it has to be the latter at this point. Illegal use will be minimized by a new breed of middleman. It's not ideal, but it's right for the majority of people I think.

pyrale 6y ago
What happens the day Tesla or the platform that processes payments for them gets subpoenaed for accepting coins from a ransomware attack? I suspect they will quietly drop their coins and stop accepting new ones, especially since that's unlikely to be a common payment method.

syshum 6y ago

For music yes, largely because the music industry has been unable to resist the devaluation of their product in the modern era.. the Public simply is unwilling to pay $20 for a CD that maybe has 1 good song on it any more. Other entertainment has been better able to resist this, those COVID has dealt a much needed blow to the value of Movies it is yet to be seen if this industry will recover. Unauthorized distribution of non-music media is still very much alive and more popular than ever really. It is also becoming more popular since unlike the music industry the video industry is creating 10's even 100's of walled gardens, that are IP and Geographically locked to hold on to old outdated distribution models I know many people that are growing tired of the "Which streaming service has the show or movie I want" which question that changes on a monthly basis, a Netflix may have it today, but Prime may have it tomorrow, then Hulu may get it later, as it leaves each of these platforms. Most people subscribe to a single music service, however today you need to sign up to 3 or 4 or 5 Video services, that will drive more people back to unauthorized sources that are more convenient