London outlaws Uber, but the UK government remains clueless about blockchain. -by Dr. Chris Kacher

in #blockchain7 years ago (edited)

The UK government has officially declared Uber illegal.

Some 3.5 million passengers and 40,000 drivers use Uber in London.

Of course, the Mayor of London would agree saying it could pose a threat to Londoners' safety and security.

This is equivalent to the fear mongering the US and UK governments instill in the masses via mainstream media. This is how many egregious, rights crippling laws get passed.

Fortunately, we are at the start of the disintermediation revolution (death of the middleman). Uber is an abitrary central intermediary. Swarm City is an ICO that plans to decentralize Uber by utilizing p2p. It's decentralized business model renders an open marketplace where drivers and riders can connect anywhere in the world.

With p2p, the UK govt will have absolutely no awareness or say in the matter. Already, Swarm City is deploying in the US.

The Revolution Will Not Be Centralized™: The Rise of the Blockchain

(͡:B ͜ʖ ͡:B)

Original story and image used: http://www.bbc.com/news/uk-england-41358640

About Dr. Chris Kacher

Dr. Chris Kacher has appeared on major television, radio, and print programs and is the bestselling author of "How We Made 18,000% in the Stock Market". He founded Creative Trading Ltd, a company aimed at helping others invest in cryptocurrencies. He is currently launching a pro bono cryptocurrency platform and has been an investor in various cryptocurrencies starting in 2013 including STEEMIT when it was founded in 2016. He is the co-founder of http://www.virtueofselfishinvesting.com and has co-authored several books in investments as well as over 100 scientific journal articles in the nuclear sciences. He helped to discover element 110 on the Periodic Table of Elements as well as confirm the discovery of element 106 which his team named Seaborgium after his UC Berkeley Ph.D. thesis advisor Professor Glenn Seaborg. His music has also charted on the iTunes music charts twice.
http://en.wikipedia.org/wiki/Chris_Kacher

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