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Comment Re: Political Posturing (Score 1) 455

Indeed, this is one key reason why Section 230 was written in the first place. It was done in response to a ruling in the Stratton Oakmont v. Prodigy lawsuit, in which Prodigy, in an effort to provide a "family friendly" environment, did some moderation of its message boards. The judge in that case rules that since Prodigy did moderate the boards, that meant it would be liable for anything it left up.

If that ruling had stood and been adopted by others, it would, by itself, be a massive disincentive to moderation. Because the court was saying that moderation itself creates liability.

And this disincentive to moderation is PRECISELY what 230 repeal advocates want.

Comment Re: Political Posturing (Score 1) 455

>Indeed, this is one key reason why Section 230 was written in the first place. It was done in response to a ruling in the Stratton Oakmont v. Prodigy lawsuit, in which Prodigy, in an effort to provide a "family friendly" environment, did some moderation of its message boards. The judge in that case rules that since Prodigy did moderate the boards, that meant it would be liable for anything it left up. >If that ruling had stood and been adopted by others, it would, by itself, be a massive disincentive to moderation. Because the court was saying that moderation itself creates liability. And this disincentive to moderation is PRECISELY what 230 repeal advocates want.

Comment Not Trustless = A Security (Score 1) 40

Bitcoin and other trustless cryptocurrencies will remain unaffected by this lawsuit. The SEC is correct to regard what Ripple is doing as the sale of securities, as XRP is not, fundamentally, a trustless environment (technical & implementation details notwithstanding. That being said, how do the supposed victims of this "crime" benefit from these actions? The government is simply shutting it down and confiscating the wealth. That isn't right either.

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