By your logic, banning it through regulation decreases options and hence diversification.
Governments are not angels which seems to be an assumption in your and sibling replies. They're a bully who doesn't want someone else to get power.
I'm not being extreme, humor me. If the govt didn't want a monopoly, isn't it a hypocrisy that they themselves are one?
The proper thing to would've been to get closer to anarcho-capitalism, ie let there be govt currency and FB's libra. Let people decide what they want to use.
You speak as though corporations and democratic governments are the same thing. The government is (at least notionally) the will of the people. A corporation is unaccountable to anyone but it’s shareholders. It is folly to treat EU legislators the same as Zuck et al.
Not sure about the website you run but there might be a corelation to Linux users and your site. It could be either due to your network and the way people came to know about the site or it could be the content among other things
Issue 1: It's very difficult to tell if your contribution got 50% improvement in performance because there were 10 other devs pushing in features and bug fixes. This is the attribution problem
Issue 2: This happens over time. It's very unlikely that your 50% improvement happens every year or month. Because, think for your self, this is compounding with large rates. It grows quickly. 1.5x improvement in 6 cycles (months or years) is 10x. This essentially is the time problem
Issue 3: even if you deliver the results you did, in a large company there's a large bureaucracy and no one person has the ability to increase your salary by that much. This is the control problem.
In Silicon Valley, pay is high, so is the cost of living, reverse in other places. If your situation differs, you've got it good (unless you're in a bad job in a high cost of living place)
It's up to the merchant; since in the event of fraud they'll be the ones who get hit with the chargeback, it's up to them to decide if they want to require that extra safety or not.
I'm a libertarian and I don't know what to say. There will be shitty companies as well I guess, but when they lose customers due to such practices, they will learn? If they don't learn they will go out of business.
You're stuck with a bad govt law, no efficient weeding out process exists.
The thing about the invisible hand is that it works really well if you buy a chocolate bar that you don't like. The next day, you won't buy that same chocolate bar. However, when a handsome man in a suit offers my cousin a loan for a house that she can't afford and puts her in severe financial trouble, she might very well not use that bank again the next time she's looking for a loan (in maybe 30 years), but that doesn't help much.
The free market self regulates well in some areas. Others need some assistance.
“If they don’t learn they will go out of business” sounds nice, but in reality, we can all point to hundreds and hundreds of different companies that show that that simply does not happen. Otherwise, the US would have the best and friendliest companies in the world, since that’s where capitalism runs the most rampant, and where you can really see that “the market will sort itself out” philosophy in action.
Governments are not angels which seems to be an assumption in your and sibling replies. They're a bully who doesn't want someone else to get power.
I'm not being extreme, humor me. If the govt didn't want a monopoly, isn't it a hypocrisy that they themselves are one?
The proper thing to would've been to get closer to anarcho-capitalism, ie let there be govt currency and FB's libra. Let people decide what they want to use.