Re:France and Germany Agree to Block Facebook's Libra
by tripzilch on Monday September 16, 2019 @07:48AM
(#20983117)
> there could be (should be) strong consumer protections preventing the type of corporate behavior you describe
there's not a snowflake's chance in hell that a megacorporation like Facebook is going to provide strong customer protections on a long-term basis, compared to what a EU country can provide its citizens.
how can you even begin to trust something that big, that has been around for such a short time (~2 decades?).
remember 15 years ago when people thought Google was cool and "one of us / the good guys" and way more trustworthy than most things on the Internet?
it's a long time on the Internet, but it's a blip in history when it comes to trust in state regulations and consumer protection.
there's not a snowflake's chance in hell that a megacorporation like Facebook is going to provide strong customer protections on a long-term basis, compared to what a EU country can provide its citizens.
how can you even begin to trust something that big, that has been around for such a short time (~2 decades?).
remember 15 years ago when people thought Google was cool and "one of us / the good guys" and way more trustworthy than most things on the Internet?
it's a long time on the Internet, but it's a blip in history when it comes to trust in state regulations and consumer protection.