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A comment on $600M taken in largest DeFi hack to date. Parent comment

Re:$600M taken in largest DeFi hack to date by sellyme on Tuesday August 10, 2021 @10:28PM (#28137242)
> Social media is just advertising that avoided regulation by being on the internet. Now it's rediscovering why public broadcasting laws are necessary.

Weirdly, online advertising is in some cases more restricted than traditional broadcasting. I've never seen a movie pause half-way through so someone can go "By the way, Microsoft paid us $5,000,000 to feature this extremely close-up shot of a Surface with the branding visible", but that's a legal requirement for YouTube videos containing sponsored content.

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Re:$600M taken in largest DeFi hack to date by dumbfoundded on Tuesday August 10, 2021 @11:02PM (#28137443)
Yeah, that's part of the new regulations / guidelines by the FTC. If FB/Youtube/IG/TikTok have to enforce that, it would be probably be a complicated and difficult system to build. This would increase the barriers to start a social network. This is part of the transition from innovation to regulatory capture. 10 years ago there weren't really any limits or regulatory clarifications and I expect to only see more.
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