Yes, I agree that there is desperation and panic in the air and in government behaviour. What is going on in Australia, Canada, the US re COVID, attacks on crypto, privacy and fundamental rights combined with military incompetence and police violence etc etc is utterly shocking.
These countries are legacy brands that suddenly find there are new competitors eating their lunch and instead of becoming more competitive they are trying to imprison their customers.
THIS is it! And the reaction to this heavy handedness is because of YEARS of shortsightedness. It’s telling when an email can reach the other side of the world in seconds but to communicate value to the same location on the planet it takes upwards of 7 days... that monetary friction only destroys trust...