Ofcom will force payment processors and ISPs to stop doing business with you

[t2van]

https://bsky.app/profile/mikestabile.bsky.social%2Fpost%2F3lvot5xuh3c2s

Ofcom says that if you refuse to censor yourself under the Online Safety Act, it will force payment processors and ISPs to stop doing business with you.When the government can't shut you up, the banks and credit cards will.

What the actual fuck is the UK becoming.

If you don't want to click here is the thread follow up:

 

[roydan]

This is insane, but will probably push crypto adoption. I hope.

 

[p3n7357]

Defi gonna be wild

 

[UnusualSubstance]

Dystopian af

 

[t2van]

This is insane, but will probably push crypto adoption. I hope.

I don't think that will happen.

Crypto is already becoming regulated. Banks already can stop you purchasing it. Think this could be a step closer to just stopping it fully.

 

[roydan]

I don't think that will happen.

Crypto is already becoming regulated. Banks already can stop you purchasing it. Think this could be a step closer to just stopping it fully.

But no one can stop you paying with it. Like, an uncensored merchant can accept usdt and bypass any restriction by the processors.

 

[t2van]

But no one can stop you paying with it. Like, an uncensored merchant can accept usdt and bypass any restriction by the processors.

Yeah, that's true.

But getting it or cashing out with it could become problematic.

Personally, I can't see crypto replacing payment systems like that, it's just a dream.

Don't get me wrong would be great to be proven wrong, and Id like nothing more than for that to happen but adaptation as it was initially envisioned won't happen. If it does it wont be in our life time.

 

[Rem]

https://bsky.app/profile/mikestabile.bsky.social%2Fpost%2F3lvot5xuh3c2s

What the actual fuck is the UK becoming.

If you don't want to click here is the thread follow up:

View attachment 2973

UK is going backwards
back to the stone ages they will go

 

[t2van]

UK is going backwards
back to the stone ages they will go

Shit ... does that mean we will start importing Australians

 

[roydan]

UK is going backwards
back to the stone ages they will go

One day they'll be Australia's prison

 

[t2van]

One day they'll be Australia's prison

Imagine the movie franchise

 

[Rem]

One day they'll be Australia's prison

nah, we are still their prisoners of war

 

[ggmopa]

Very interesting project I came across onece called GNU Taler. Can't believe it never gained more traction. Maybe it needs to now!!

 

[roydan]

nah, we are still their prisoners of war

At least you did well on the breakdancing field in the Olympics.