REFORMS NEEDED FOR GOVERNMENT TO IMPLEMENT FOR THE INTERNET
Fortunately, I am an internet guy. I practically grew up with it, from its inception stages to now. I do everything on the internet, from banking to shopping, and it saves me a lot of time. As a result, I do more of it.
These days, from booking events, dating, clubbing, and chatting, the internet is practically in every stage of our lives and will continue to be. For every new thing there is always resistance to change. It must have been the same for the internet. Most boomers must have called the internet usually a fad, a pass-by; some did understand its potential.
But government is too slow to implement a framework of laws and regulations for it. In the UK, for example, it has decayed, and still porn is watched and obscene photos can be visited on a computer in a child’s bedroom—zero clue on what to do. They do not even put age restrictions on certain websites or ask ISPs to require verification. Noting that millions of children grew up with these videos and learned obscene scenes from them instead of learning correctly from school, these do affect their mental health.
Reform 1: Age-restriction requirements on certain sites are necessary.
There are constant changes happening with the internet, and governments are still too slow to have a clue about what to do! For example, crypto is the thing these days. It’s been up for over 15 years and growing. There is still not a single framework from any country in the world. They are still having difficulty grasping “What is crypto? Is it a pass-by, a phase?” Is that what they think, and still no regulations set up?
Reform 2: Crypto regulations as outlined below
a) All stablecoins to have 1:1 backing
b) A national crypto council to oversee crypto regulations, implementing changes necessary without government approval
c) Recognition of internet money and banks to hold custody
We all know what property rights are. And what about digital rights? Are they different? In the internet age that we live in, our photos, money, readings being digital—shouldn’t they have some rights? Government’s job is to protect its citizens’ property rights and must also protect digital rights. So new licences issued to internet companies that want to serve the country’s citizens must require them to have an office and accept the licence. The licence dictates that the digital goods belong to the user and, without their consent, cannot be used anywhere else or for anything else. If asked to do so, internet companies must be able to locate digital goods’ whereabouts. The government must legislate a new bill called the Digital Goods Act.
Reform 3: All internet companies operating in the country must acknowledge the digital rights of the user set out under the Digital Goods Act.
There are, of course, so many areas where reforms are needed for the internet by the government. It is like winter sleep, and maybe they think the internet is just a pass-by. We need reforms in so many areas. I’ve just outlined a few. There is also music—I remember downloading music freely, music that is not royalty-free; it hurt the music industry really badly, and the movie industry later, and the software industry. Because of the government’s lack of action, maybe we could have much cheaper software today. Banning, stopping, and punishing are not how governments should work. They should work with the industry and come up with a bill that benefits both the user and the provider, as it is the responsibility of the government.
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