Re:MasterCard to open up network to cryptocurrencies
by tshaddox on Thursday February 11, 2021 @12:55PM
(#26104818)
Copyright infringement was also always illegal (and still is). That doesn't mean that Napster, BitTorrent, etc. didn't massively increase access to music outside the control of the copyright system.
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Re:MasterCard to open up network to cryptocurrencies
by bob33212 on Thursday February 11, 2021 @01:17PM
(#26105121)
Perfect analogy. From 1998-2006 it was easier to get pirated music than pay for it. Once the music industry realized that the days of people paying $20 per CD that they may only listen to a few times were over, the streamers took over and now 90+% of music is listened to with permission of the centralized gate keepers.
Regulators and other parties will catch up eventually. When there is a 500% tax on homes/cars you purchase with BTC the whole "decentralization/permissionless" idea will fade away.