Is Europe becoming uninvestable?

[Loss Horizon]

15 hours ago, Dalal.Holdings said:

European “democracy”: 276 in favor, 314 against becomes law. LMAO the European elites win again!

 

https://www.reddit.com/r/europe/s/D4wDMOlV4M

 

 

Check that Reddit thread again.

 

 

I tried to find information about this proposal and the process, couldn't find anything in reputable sources, and there is no information about passing the law on the website of the Parliament. I don't think it's passed yet.

 

In general I am concerned with privacy very much. But for me the Big Tech is much bigger threat than any government agency, because government has no clue about technology and Big Tech is extremely smart in abusing it.

 

For chatting with my friends I have to use Whatsapp and Telegram. And I just have to accept that there is no privacy there, because I have zero trust in their developers. Facebook has a track record of selling private messages, and can probably sell to American Government. Durov has the same vibe and probably sells to Russian government.

 

If I truly needed high secrecy of my communication, I would use an independent operating system and an independent encryption system with keys I can control. But messengers like that are not popular, and none of my friends use that.

 

And again, I don't understand how this topic is an investment issue. China has Wechat and its economy is doing well: https://en.wikipedia.org/wiki/WeChat#State_surveillance_and_intelligence_gathering

 

Edited 46 minutes ago by Loss Horizon