We often hear that the copyright and patent monopolies protect creativity and encourage innovation. But when we look at history, we see that where copyright monopoly laws were lax, and patents were ignored, great innovation often followed.
Cryptocurrency brings new challenges to the table. The government can’t see the wealth of an individual, nor their inflow or outflow of funds, not with any amount of applied force.
The real battle for the Internet and the tremendous changes it brings hasn’t even started yet. What we are seeing right now are some precursor skirmishes where the cronies (the copyright industry) of those in power are complaining and getting some breadcrumb favors.