Elon Musk & Permissionless Innovation

in bitcoin •  7 months ago

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We are experiencing one of the most disruptive technologies to date. Feathers are officially ruffled, those whose industries are being threatened most are those who are the strongest opposed.

Don’t forget that.

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The question that always comes to mind for me: Who is wanting to regulate and why? Who benefits if regulations are enforced?

Will it stop competitors? Will there be more rules and taxes involved? Do we really need (fill in the blank)?

While I do feel that regulations may need to be in place for some things (I am glad for speed limits), I also think that most do not know how corrupt our governmental bodies are and have been in the past due to the fact that most aren't really concerned about laws unless directly affected.

Interesting times, for sure.

  1. German emporer back then: we dont need Cars but fester Horses.
  2. would you Merge with ai in order to compete with Computers? That is what musk suggested at joe rogan show.

Great explanation!. The speed limit was limited by how fast was the guy with the red flag running!! Crazy Times...but as @heiditravels said is a cycle.

great explanation!