I mean that we strive to reduce monopolization by the means of anti-monopoly offices/agencies. States are huge monopolies - some things can't be managed by smaller independent entities, but if it's possible it's what should be done. The state is running the anti-monopoly offices so it obviously wouldn't prevent itself from acquiring a company, but it should do so.
Interesting - I meant it more for key technologies in which the state doesn't even have a presence e.g. cloud. The principle is inspired from public utilities e.g. energy or water services (sometimes bought/acquired/publicized by the state).
It's a long way to say that maybe monopoly rules don't apply here :). What do you think?
> has to date funded almost 600 startups from a range of industries including cryptocurrency, ....
Why is government funding cryptocurrencies? Given the the whole idea of cryptocurrecies is lack of human supervision, including government one, I don't think they should be giving them any money.
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[ 4.0 ms ] story [ 23.9 ms ] threadIt's a long way to say that maybe monopoly rules don't apply here :). What do you think?
Why is government funding cryptocurrencies? Given the the whole idea of cryptocurrecies is lack of human supervision, including government one, I don't think they should be giving them any money.