If companies do not comply, media regulator Ofcom will be able to issue fines of up to 18 million pounds ($22.3 million) or 10% of their annual global turnover.
Messaging platforms led by Meta's (META.O) WhatsApp have opposed a provision in the law that they say could force them to break end-to-end encryption.
Look at how the Online Safety Act reads.
This is top-down enforcement just like everything else.
They can't fine Hive.
They can't stop Hive from using end to end encryption.
Legislation like this is 100% targeting centralized WEB2 platforms.
Best they can do is remove programs from app stores or at worst IP block websites.
Which isn't going to matter at all if the financial incentive to use Hive and other WEB3 protocols is great enough... which it will be when unemployment is 50% and the legacy economy is in shambles. I look forward to seeing how they try to apply a censorship bill onto censorship resistant networks when all the punishments they dreamed up can't even be enforced and it's not even possible to comply in the first place.
I don't. I have found injustice to be all too easy for that ilk, and I have no interest in fresh, new horrors.
This is all just part of the process.
We can already see how shit like this is gonna go down by looking at places like Nigeria.
It doesn't matter what the government says when the citizens are just like nah.
When life is hard people just stop complying without apology.
Fascinating. How are they going to read the data before I encrypt it when the data is encrypted on an offline device?
And then filtered through a QR code airgap.
That would be a pretty neat trick.
Certainly not impossible but pretty unlikely.
Why do you so smugly predict that we are all doomed to 1000 years of eternal darkness?
Maybe you should prepare yourself for war instead of being such a nay-saying punk all the time.
Or have you just decided that living that slave life is the way to go from here on out?
Understandable if so, but disappointing.