Here's what really happened: EU just slapped X with a €120 million fine. Why? Because it's become the world's dominant news platform.
Think about it - when a platform reaches that level of influence, regulators get nervous. They can't easily shape narratives when information flows this freely. The fine isn't just about compliance violations. It's about power dynamics in the digital age.
For crypto folks, this matters. Same regulators coming after decentralized platforms next.
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ProtocolRebel
· 12-06 13:37
To put it simply, it’s just that those in power are afraid of losing control... X spreads too easily, and the regulators are getting uneasy. It’s time for on-chain freedom.
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Blockwatcher9000
· 12-05 23:49
The EU is really afraid of X gaining control over the narrative. I've seen this move too many times.
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MEVictim
· 12-05 23:38
Haha, that's right, it's just a power struggle. The regulators are panicking.
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ChainSauceMaster
· 12-05 23:32
To put it bluntly, they're just scared. The information flow is too free, and that becomes a crime.
Here's what really happened: EU just slapped X with a €120 million fine. Why? Because it's become the world's dominant news platform.
Think about it - when a platform reaches that level of influence, regulators get nervous. They can't easily shape narratives when information flows this freely. The fine isn't just about compliance violations. It's about power dynamics in the digital age.
For crypto folks, this matters. Same regulators coming after decentralized platforms next.