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Economy
In reply to the discussion: Weekend Economists and the Accidental President December 13-15, 2013 [View all]xchrom
(108,903 posts)59. 3 New Technologies That Will Force Laws To Be Totally Rewritten
http://www.businessinsider.com/technology-laws-2013-12
1. Bitcoin
The government cares a lot about its money, especially when it can be converted into Bitcoin, the digital anonymous currency, and taken off the radar to be sent anywhere without anyone's identity attached to it.
The Feds are still figuring out how to address Bitcoin. In the meantime, many marketplaces legitimate and illegitimate alike will gladly take the currency as payment for everything from socks to drugs.
2. Commercial drones
Commercial drone use was catapulted to the public's attention with Amazon's surprising announcement that it's been experimenting with package delivery by unmanned aerial vehicle.
But here's the thing there's no legal framework in the United States for businesses to make use of drones with the government's blessing. The FAA is on record as saying that it will be drawing up rules for such use cases, and when that happens, it'll shake up a number of industries. Obviously the aforementioned package deliveries can be handled much more swiftly and cheaply when there's not a human responsible for getting it to your door, but farmers can use them to dust crops, and companies in Australia are even using them to put out bush fires.
Read more: http://www.businessinsider.com/technology-laws-2013-12#ixzz2nYFF5VRe
1. Bitcoin
The government cares a lot about its money, especially when it can be converted into Bitcoin, the digital anonymous currency, and taken off the radar to be sent anywhere without anyone's identity attached to it.
The Feds are still figuring out how to address Bitcoin. In the meantime, many marketplaces legitimate and illegitimate alike will gladly take the currency as payment for everything from socks to drugs.
2. Commercial drones
Commercial drone use was catapulted to the public's attention with Amazon's surprising announcement that it's been experimenting with package delivery by unmanned aerial vehicle.
But here's the thing there's no legal framework in the United States for businesses to make use of drones with the government's blessing. The FAA is on record as saying that it will be drawing up rules for such use cases, and when that happens, it'll shake up a number of industries. Obviously the aforementioned package deliveries can be handled much more swiftly and cheaply when there's not a human responsible for getting it to your door, but farmers can use them to dust crops, and companies in Australia are even using them to put out bush fires.
Read more: http://www.businessinsider.com/technology-laws-2013-12#ixzz2nYFF5VRe
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