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by takeitto
2948 days ago
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I am European browsing from a non-EU IP. Seems to me a blanket ban on EU IPs is both draconic and ineffective. As for SV seeing GDPR as more of a hindrance: SV was build on the freemium model of gathering as much data as possible. Companies were funded under the assumption that their user growth would lead to valuable data stores. GDPR and an increased privacy aware public are existential threats to these companies, as there is little chance to pivot to a non-data-use company. You have to start over. I hope we will look back at these companies as ugly centralizing dinosaurs, as little by little, the consumers realize the power they gained back (or always had) over their usage and data, does not justify these business models to exist. (Also, GDPR, even when seen as an opportunity, _is_ a hindrance to implement. Regulation in response to market evils is known to be heavy-handed and clumsy). |
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It doesn't matter it's ineffective. The block means they're complying with GDPR's requirement that they not target Europeans.