3 ms·
> I think we are running into a real issue where private industry with too much power can effectively make something that is legal illegal. This is often becau
by rrwo 4y ago
> I think we are running into a real issue where private industry with too much power can effectively make something that is legal illegal.
This is often because of legal grey areas, and companies would rather ban things than risk any legal or financial liability.
Or companies may ban things that are heavily regulated simply because the cost and difficulty of following the regulations. (This is a common issue for adult services, since there are requirements around human trafficking and child exploitation.)
A lot of crypto is associated with illegal activities (e.g. money laundering, ransomware), and uses a lot of energy.
Anyone who does business internationally may need to satisfy the lowest common denominator of regulations.
Governments or major customers also apply pressure.