What threats? This seems pretty straight forward - innovation pushes forward while government tries to ensure balance and safety (consumer and economic). We’re far from a perfect system but we have it pretty good.
The alarming thing about this letter is that you’d expect the threats to be made in a back room somewhere, delivered through an intermediary - not written down and posted online for everyone to see.pic.twitter.com/NQlQebWU7J
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“If you do this, we will make your perfectly legal, unrelated business very difficult.”pic.twitter.com/DchmoDq1iw
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This part is amazing. The reason why so many more are reported is because the company devotes resources to it and reports. The best way to look good here would be to do nothing.pic.twitter.com/is9hWUcsYx
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I don’t see anything wrong with it. A lot of people would like to see a more muscular posture from DC regarding tech (especially given Zuck’s intransigence regarding political ads).
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This letter is the strongest argument I've seen for why Libra should exist
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A clear and public stand against Libra is very important.
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I will put my money on FB's network effects ultimately prevailing in this battle, but disheartening to see our own regulators hindering innovation at home.
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Did Stripe post this letter?
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No, the senator(s) did.
End of conversation
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