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RE: Openbazaar
The advantage of a democracy is the slowness at which change happens.
The advantage of technology is that change can be very quick.
The problem when new technology and democracy meet is that laws take years to establish while technological change can happen within minutes sometimes.
That's why there still are a lot of problems with the Internet more than 20 years after its mainstream use.
I guess it will take another 20 years for this technology to be somewhat regulated. Right now, it's Wild Wild West out here.