4 ms·
Both of those proposals would probably have the effect of making it nearly impossible to ever compete against something like instagram, and would cement their e
by ch4s3 5y ago
Both of those proposals would probably have the effect of making it nearly impossible to ever compete against something like instagram, and would cement their existing position.
We could probably make some requirements around age, and focus enforcement on the biggest players in the space. However if we require real ID verification, no is going to enter the space ever again and FB/Instagram may well continue to be dominant because of the high compliance cost.
- fighterpilot 5y agoIs KYC that expensive? It's a mostly automated process that takes at most 10 seconds of human time per user and has a number of outsourced solutions available. Or the government can provide a solution. Or they can implement these regulations only on social networks with more than X thousand users.