"Hence, even though these regulatory changes are arguably not pro-freedom, at least if one is concerned with the freedom of application developers, and the transformation of the internet into a subject of political focus is bound to have many negative knock-on effects, the particular trend of control becoming a liability is in a strange way even more pro-cypherpunk (even if not intentionally!) than policies of maximizing total freedom for application developers would have been. Though the present-day regulatory landscape is very far from an optimal one from the point of view of almost anyone's preferences, it has unintentionally dealt the movement for minimizing unneeded centralization and maximizing users' control of their own assets"
The intent of privacy protecting legislations like GDPR was explicitly and intentionally to give individuals / 'natural persons' control and ownership of their own data, it says so in Chapter 1 of the entire thing.
Vitalik is right I think but it's funny how he frames this as some sort of unexpected or revelatory thing. Well functioning ecosystems are created through rules, and people benefit from having the protection of these laws. That the people don't benefit if you let the wolves run around freely in the henhouse is obvious.
The intent of privacy protecting legislations like GDPR was explicitly and intentionally to give individuals / 'natural persons' control and ownership of their own data, it says so in Chapter 1 of the entire thing.
Vitalik is right I think but it's funny how he frames this as some sort of unexpected or revelatory thing. Well functioning ecosystems are created through rules, and people benefit from having the protection of these laws. That the people don't benefit if you let the wolves run around freely in the henhouse is obvious.