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135 - Crypto Wars 2.0 with Zooko
Bankless
Is Privacy a Negative Externality?
When you lack privacy, then you're vulnerable to the most powerful and least ethical actor around. Data accumulates into a lake of exploitable control over people that future rulers or future corporations can exploit. Privacy is important because it levels the playing field between the big and the powerful in the small and the less powerful down to the individuals of society. It's an externality for the sake of innovation - we need privacy and consent and freedom.
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