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Author Topic: How The Net Neutrality Vote May Block Bitcoin And Cryptocurrency Trading  (Read 94 times)
Dudeperfect (OP)
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December 14, 2017, 07:00:53 PM
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Net neutrality is dead — at least for now. In a 3-2 vote today, the Federal Communications Commission approved a measure to remove the tough net neutrality rules it put in place just two years ago. Those rules prevented internet providers from blocking and throttling traffic and offering paid fast lanes. They also classified internet providers as Title II common carriers in order to give the measure strong legal backing.

* The FCC just killed net neutrality - The Verge.

* How The Net Neutrality Vote May Block Bitcoin And Cryptocurrency Trading.

The elimination of net neutrality protections could pose a threat to Bitcoin miners and traders in the form of throttling or even blocking access to Bitcoin and cryptocurrency sites, including exchanges. - Justin Tabb : the CEO and co-founder of the decentralized, open-sourced internet startup Substratum Network

What is your take on this guys? This is opposing the idea of decentralization.
bougieboyy
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December 14, 2017, 07:10:01 PM
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There will always be a way around it but for the common person it will limit their access. I was just in China and used a VPN to access my gmail / Facebook page. It was a pain in the ass but its possible to get around it. How ever I don't think Net Neutrality will ever pass. Too much uproar from citizens, will cause riots and strikes all around the US.
naypalm
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December 14, 2017, 07:17:51 PM
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This sucks. Angry

Xavofat
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December 14, 2017, 07:58:09 PM
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How ever I don't think Net Neutrality will ever pass.
You're getting confused.  Net neutrality did pass - the importance of net neutrality laws is to prevent the Internet from being screwed over.

Also, you're claiming that the laws won't be repealed because Americans would get too annoyed, but this article is literally telling you that they have just voted to repeal net neutrality laws.  Clearly you weren't paying any attention.
The elimination of net neutrality protections could pose a threat to Bitcoin miners and traders in the form of throttling or even blocking access to Bitcoin and cryptocurrency sites, including exchanges
To be fair, this is the repeal of protections that were implemented in 2015.

While this may be a very serious problem in the long run, it's important to note that the Internet isn't just going to be screwed tomorrow.  It's going to take a lot of effort from ISPs to enact any serious restrictions, especially since they legally have to be open about the changes that they make.
visitspour
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January 15, 2018, 05:15:53 PM
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Even though there are ongoing issues about net neutrality, people can still find ways around it. As long as there is freedom online btc won’t be affected.
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