sͧb̴ͫƸ̴gͬᵉ on Nostr: npub1grx4w…suxfe npub12y45p…xg224 npub17gek9…ehgsu In practice, the main ...
npub1grx4wzqldf8clxusxpz78adjcukkqvdkhf8amsdhr6sy3ctuu2fqvsuxfe (npub1grx…uxfe) npub12y45pacfd03cy9vtft6tmug0zz9m0mu995zhhaclvdzuadeayu2s0xg224 (npub12y4…g224) npub17gek9gagnhd2y6068aegka672zu2g5jf7nx040m4spclmrldxmmsvehgsu (npub17ge…hgsu)
In practice, the main problem will be that it is chilling, because it is unclear.
Like #GDPR, any given entity cannot be sure in what way enforcement will be done, or to what degree - only that your gvt *could* crush you and your business, *if they want to*.
Any clear and concise legal framework will be optimized around by the market, but that is not what the legislator wants here; they want to _reserve judgment_ and thereby gain control. GDPR is a masterclass in this; every major player lives in fear of the 4% fine, but the law is randomly enforced only where the EU gvts feel they want to hinder non-EU biz in exploiting ”their” taxation base.
I predict mushy legislation, random enforcement, and endless legal fees. It is going to suck.
In practice, the main problem will be that it is chilling, because it is unclear.
Like #GDPR, any given entity cannot be sure in what way enforcement will be done, or to what degree - only that your gvt *could* crush you and your business, *if they want to*.
Any clear and concise legal framework will be optimized around by the market, but that is not what the legislator wants here; they want to _reserve judgment_ and thereby gain control. GDPR is a masterclass in this; every major player lives in fear of the 4% fine, but the law is randomly enforced only where the EU gvts feel they want to hinder non-EU biz in exploiting ”their” taxation base.
I predict mushy legislation, random enforcement, and endless legal fees. It is going to suck.