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It's actually a very good thing.

It will create a huge opportunity for new decentralized (IPFS-like) tech. that will run circles around this dumb regulation and force incumbent established players (YouTube and the like) to evolve or die.




Until the copyright people, after noticing that the profits they expected aren't up to their expectations, start digging deeper in search for gold that isn't there.


From what I can see, piracy doesn't hurt profits and as long as it's available only to technologically literate people, it will pretty much fly under the radar.


Of course it doesn't hurt profits. It doesn't prevent copyright lobbyists from saying that it does, though.


and then a huge incentive to block ipfs, like they did with torrents...

the decentralization should happen anyway, as soon as the creators realize that none of the content hosts have their interests in mind first


I want to believe. I want to share this kind of optimism.

The harsh reality is that people will f off and less content will be produced. That's it.




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