[2017-12-14] How The Net Neutrality Vote May Block Bitcoin And Crypto Trading

[B!t_Kong]

The United States Federal Communications Commission is expected to vote Thursday to repeal rules designed to protect net neutrality—a decision that could have dire consequences for the booming cryptocurrency market and its underlying technology.

Cryptocurrencies—Bitcoin in particular—have enjoyed skyrocketing prices over the course of the last year and has seen the majority of its rise in value and availability take place under the Obama-era Open Internet Order. With it gone, the currencies may face new scrutiny from internet service providers (ISPs).

Under the Open Internet Order, which was passed by the FCC in 2015, the commission has been given regulatory levers to ensure that ISPs like Comcast, Verizon and AT&T can’t violate the principles of net neutrality. The bright line rules that define net neutrality include no blocking of any legal content, no slowing or throttling internet connection speeds and no paid prioritization that offers preferential service to those who pay for it.

Source:
http://www.ibtimes.com/how-net-neutrality-vote-may-block-bitcoin-cryptocurrency-trading-2628175

[Bamselk]

It's unlikely that this will end up happening.  ISPs don't have any reasonable incentive to block crypto trading.

They didn't block crypto trading before these regulations were passed (2013-2014), and similarly, it's very unlikely that they will do so now.

There are many states with more restrictions over the Internet than the United States, and in most of those states, crypto exchanges have not been blocked.

[veleten]

It's unlikely that this will end up happening.  ISPs don't have any reasonable incentive to block crypto trading.

They didn't block crypto trading before these regulations were passed (2013-2014), and similarly, it's very unlikely that they will do so now.

There are many states with more restrictions over the Internet than the United States, and in most of those states, crypto exchanges have not been blocked.

how can they block cryptotrading on ISP level without deep packet inspection?
and if they are planning to introduce DPI,blocking of cryptotrading is the least of your worries:
agentcies will be able to monitor and curtail your internet  without your knowledge or consent
I mean they might be doing it already and probably are doing it for quite a long time,but this is going to "legalize" it

[Junko]

Thanks to free market competition between ISP's, bitcoin trading will be safe. I.E., if one or more ISPs blocks _____, then people will simply switch to and use ISPs that allows _____. You can fill in the blank with whatever - bitcoin trading, surfing porn, posting whatever on whatever forums, using new online innovations, etc, etc. Too bad for social justice warriors who want to control what people can do, say or think.