RE: Leverage and He Said, Xi Said? Or Worldviews Clash?
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You are correct. I should always tell you where I found the data. My bad!! hahaha
World Bank, "World Development Report 2021: Data for Better Lives | Crossing borders": https://wdr2021.worldbank.org/stories/crossing-borders/
McKinsey Global Institute, "Digital globalization: The new era of global flows": https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/digital-globalization-the-new-era-of-global-flows
OECD, "Cross-border data flows": https://www.oecd.org/sti/ieconomy/cross-border-data-flows.htm
Brookings Institution, "Regulating for a digital economy: Understanding the importance of cross-border data flows in Asia": https://www.brookings.edu/research/regulating-for-a-digital-economy-understanding-the-importance-of-cross-border-data-flows-in-asia/
International Chamber of Commerce, "Data flows": https://iccwbo.org/global-issues-trends/digital-growth/data-flows/
Regarding HSBI
I think you saw my post about curating people. I think in that manner HSBI is an amazing tool. Over the years, in fact, people have bought for me HSBI units as a way to show appreciation. How could I not be grateful?
But, and this my only contention: Some people abuse the tool. Which is to say, they create a bunch of alt accounts, shitpost and "make money". This does nothing of value for the chain, and i would argue hurts it considerably.
To me, the only solution is good oversight. It could be someone, or it could be AI. But looking into wallet transactions, cashouts (misnomer, but works), and what not. To detect these abusers and ban them from the service.
I read a book called "Utopia for realists". It shaped a lot of my thinking. I believe that people are the economy, and thus we need to take care of people.
Does that answer it a bit?
Yes it does. Thank you kindly, @meno, for your prompt and thorough response. 🤝
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