Re:The sharing economy was always a scam
by bobthepanda on Friday March 08, 2019 @07:14PM
(#19343511)
What is the value of informed consent from an irrational or desperate person?
The vast majority of people do not read lengthy forms; GDPR updated notification requirements to reflect that. Restricting irrational behavior to limit damage to society is not new; that’s why we regulate things like usurious payday loans.
One person being irrational is not dangerous, but many people being irrational is. The Great Depression started from the fallout of everyday people mortgaging their house and their car because the stock market was advertised as guranteed returns.
The vast majority of people do not read lengthy forms; GDPR updated notification requirements to reflect that. Restricting irrational behavior to limit damage to society is not new; that’s why we regulate things like usurious payday loans.
One person being irrational is not dangerous, but many people being irrational is. The Great Depression started from the fallout of everyday people mortgaging their house and their car because the stock market was advertised as guranteed returns.