RE: Account Ownership: Undervalued Aspect To Hive

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Yes it was a bold move by him to ban the news out of Australia. The guy does have some balls on him.

He basically smirked the entire time he sat in front of Congress knowing they have no clue what he was talking about.

I'm interested to see the outcome, one thing I do know is that it is not wise to piss off governments.

That is true...for now. However, as we head more into the realm of digital, it is quickly turning to "dont piss off Facebook".

As we become a networked economy, the world of physical becomes a lot less crucial. That makes the digital gatekeepers a great deal more important (and powerful).

My guess is that most of the nation-states will be non-relevant by about 2050.

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Zuckerberg won't have a smirk on his face when Australia charges him with criminal cartel conduct and seeks his extradition.

He made a huge mistake waking apathetic Aussies up from their slumber by being an arrogant bully.

Ask Japan and Germany what happened to the last bullies that provoked Australia.

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Maybe.

Although his empire gets bigger and more powerful each day while Australia has problems that many nation-states are dealing with. They operate at a much slower pace than these digital entities.

It is good to think the governments and court systems can take these companies down but I think we are close to the point where they are more powerful than the governments overseeing them.

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And Australia is going to have to go through the USG to get to Zuckerberg.

This is not going to happen with the left in charge. Those people cannot risk Facebook deplatforming them.

They will not take that chance.

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(Edited)

If Australia puts out an Interpol notice for Zuckerberg and the Facebook executive team's arrest on cartel charges the US will comply or else risk everyone else refusing US requests.

The US's entire alliance system would be endangered by such blatant protection of a criminal and refusing an Interpol request of an important ally.

The Dems won't have to worry about being deplatformed because Facebook will be destroyed or broken up.

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Broken up? By whom?

Not the United States. It is near 40 years since the US did that with Bell telephone. Hell, the US Government doesnt even stop mergers, continually allowing larger entities to get more powerful.

In fact they allowed Mobile and Exxon to get back together which basically put the two most powerful pieces of the old Standard Oil back together.

So I would not count on the USG stepping in and breaking anyone up.

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