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Does anyone else see the irony in someone trying to defund the USPS getting booted from privately owned social media platforms
The social media companies have thus far managed to avoid regulation, banning you-know-who is as much an attempt to prove they can self-regulate as it is anything else (despite years of evidence to the contrary)
It might help them avoid immediate scrutiny but I think the long view is that more regulation is coming to privately-owned social media
The unintended consequence which, of course, will be the (further) encouragement of decentralized censorship resistant networks.
It begs the question: if “we” don’t trust the govt to run public goods (USPS) or private companies run by individuals with outsized ownership ($fb/$twtr), is “majority” rule by decentralized network the answer?
The (obvious) worry is that decentralized networks will only drive further fragmentation and echo-chambers of opinion on the internet
That’s enough corporate governance, regulation and DeFi musings before I’ve finished my Sunday morning coffee
