> Risk Reduction: Home owners currently store customer identities and financial data on their own servers
I wasn't aware this was how Airbnb operated. I was under the impression whoever made the listing on Airbnb never saw details of the renters payment details.
> In disputes involving smart contracts, parties can call for arbitration.
Call who? A lawyer? Their heavies? Who's paying to operate all this infrastructure?
> Local governments in oppressive regimes cannot subpoena bAirbnb for all its rental history data.
So governments will outlaw it and prosecute anyone caught operating a bAirbnb, which should be simple to do because all this listings are publicly visibly. Which should also be true of real Airbnb now, but charging people who renting their houses / units / whatever illegally seems to be fairly low on the police's list of priorities. Oppressive regimes, however, tend to go after people for what should be trivial matters, which is what makes them oppressive.
Governments can also order ISPs to block certain types of network traffic, thereby denying access to these services.
I wasn't aware this was how Airbnb operated. I was under the impression whoever made the listing on Airbnb never saw details of the renters payment details.
> In disputes involving smart contracts, parties can call for arbitration.
Call who? A lawyer? Their heavies? Who's paying to operate all this infrastructure?
> Local governments in oppressive regimes cannot subpoena bAirbnb for all its rental history data.
So governments will outlaw it and prosecute anyone caught operating a bAirbnb, which should be simple to do because all this listings are publicly visibly. Which should also be true of real Airbnb now, but charging people who renting their houses / units / whatever illegally seems to be fairly low on the police's list of priorities. Oppressive regimes, however, tend to go after people for what should be trivial matters, which is what makes them oppressive.
Governments can also order ISPs to block certain types of network traffic, thereby denying access to these services.