so in that sense, there is already surveillance

but it's not as bad as silicon valley

The silicon valley stuff ties into NSA shit

at least there are some limits on government surveillance

facebook and google are entitled to do whatever they want with the information

One of the reasons why MS got so big on telemetry was because they were selling that data to the NSA

the government is much more restricted

yes

They have a proven record of not following restrictions. Why do you expect them to have done so now?

but my point is that if you have real banking relationships
you have more protection there
than you do with some unregulated startup handling the transactions

Beemann knows whats up.

You no longer have a 4th

sadly true

but you don't even have the fantasy of a 4th with google or facebook

and you have no legal recourse whatsoever when they violate your sense of privacy

We are on the way to getting it. There is a lot of talk of putting an update magna carta in to.

just for the record
I think blockchain based solutions will succeed
eventually
but only if the adolescent management of silicon valley startups is effectively removed from the equation

You can't miss what you never had.

agreed

you really are a hell of a lot worse off with google than a bank

the banking system has problems, to be sure

but the silicon valley corps are just a joke

The banking system tanked the economy and got bailed out

And all we have to go on is an institutional pinkie swear really

and the right to sue when terms are violated

Silicon valley has grown into adolescence and just like a teenager it's throwing it's weight around to see what it can get away with.

silicon valley is not mature enough to offer a reliable financial system

Agrred it's the rich kid that never learnd the value of money.

The future is decentralisation.

yes

the future is the death of platorms

it's not a new platform

it's the death of platforms

I disagree. Aggregation it one of the most important things to the net.

you'll see

It's to vast not to have a place to meet.

it cost a fortune to put web 2.0 in place

it's too vast not to have MANY places to meet

I don't think we'll see the death of platforms but it's what *should* happen

I think we will

Don't throw the baby out with the bath water.