It's definitely a worry for people doing illegal businesses, for example all the drug markets. Depending on your political allegiances, that's either a good thing or a bad thing, but either way, real value is being created for some people here.
It's also a worry for people who are traditionally blocked from doing business -- for example, anyone who's got some sanctions placed on them. Again, could be a good thing or a bad thing, depending on your political opinions. But some people find it valuable, that's for sure.
Hopefully, the number of people you are talking about is fairly small, or maybe I'm just out of touch with the rise of crime and corruption on the dark web - but I wouldn't lose any sleep if they got shut down. I'm fairly libertarian about drug use, but there's a lot of other terrible stuff that is enabled along with drugs in this system.
Well, you don't have to like the criminals of today, but lets also not forget that good people are deemed criminals under repressive regimes, for crimes such as "watching K-Pop."
https://www.nytimes.com/2021/12/15/world/asia/north-korea-kp...
Even today, many in more liberal US states will find it unconscionable that someone could still have their life ruined over a little bit of weed in the more conservative states.
Again, not saying this way is the right way. Just saying, there's a lot of value in such tech -- for better or for worse.
Re:The Web3 Fraud
by mattwilsonn888 on Friday December 17, 2021 @11:26AM
(#29594350)
Not being able to shut down an app is important when money is involved - otherwise you could lock up tokens in a contract, shut it down, and never be able to retrieve them.
Is this a big worry for a lot of people or is just one of the possible things that can go wrong incidental to doing business, like a traffic ticket is to driving?