4 ms·
I wonder if this will lead to tax-heaven countries, the same way we currently have tax-heaven countries or even something which would be equivalent to Switzerla
by mapleoin 13y ago
I wonder if this will lead to tax-heaven countries, the same way we currently have tax-heaven countries or even something which would be equivalent to Switzerland's renown in finance.
- junto 13y agoI perceive that certain countries will become super data havens. Something like Gibson noted in his book Count Zero: http://en.wikipedia.org/wiki/Data_haven#History_of_the_term http://en.wikipedia.org/wiki/Data_haven#History_of_the_term The Switzerland of data if you will. You need a durable and sizable connection to the internet, plenty of energy, strong human rights and stable governance. Iceland almost fits the bill, but their governance is not stable enough. Actually, Switzerland is actually not a bad option. They understand the necessity of privacy and are extremely stable politically. The canton principals are an excellent political stabilizer. http://en.wikipedia.org/wiki/Cantons_of_Switzerland http://en.wikipedia.org/wiki/Cantons_of_Switzerland
- pyre 13y agoThe US was already able to force the Swiss banking system open, so I don't see how this would protect anyone's data.