Les Greys
@les
If GDPR goes "bye-bye" (think Mufasa soundtrack), Europe is reborn for business. Back when I led digital identity international products one thing that constantly held the product back was the amount of constraints around data. It was impossible to have product-parity between our US features and European features. Coverage and efficacy rates were less than 25% of what we would see in US markets (depending on the demographic, we had data on 99% of the population and could accurately verify those people >90% of the time). One could argue many aspects of why it's good for quality of life to keep such heavy constraints on data intense products. But in the end we're moving towards a digitally first society, the only thing a country can do to remain competitive in the "nationalist" swing we are seeing is to embrace the thing that will set it free. Data. I also think GDPR has put the region in a competitive advantage in todays tech landscape by avoiding the old data stack (think innovators dilemma). 1/2
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Les Greys
@les
This pent up pressure of data adoption may likely push EU to lead the adoption of the tech stack we all want the world to be using, zk. Pushing the world towards innovating into new geographic regions away from the US. It definitely seems like the balance of global innovation is starting to be considered from all areas. Forget American Dynamism, it's going to be Global Dynamism - Supporting the Human Interest. 2/2
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_slow_crypto 🌅⏳🪁
@slowcrypto
Big Q (for me): Will the UK follow suit now we don’t have to? I recently had the arduous task of updating a GDPR policy from EU to UK, involving only the switch of those 4 letters. Shame the underlying stuff isn’t quite that simple. 🤷♂️
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