"The Chinafication of America" : Bill is similar to China's Great Firewall!
beincrypto.com
The scary part is the potential punishment for violators. This includes fines of up to a million dollars or 20 years in jail, or both.
Balaji Srinivasan, the former CTO of Coinbase, maintains that The RESTRICT Act is reminiscent of China’s Great Firewall. It creates a virtual barrier within the United States, which emulates China’s strict internet control policies with the stated goal of competing with and surpassing the Asian powerhouse.
Srinivasan argues that it could lead to the erosion of internet freedom in the name of national competition.
If passed, the new legislation will grant the U.S. government sweeping powers to crack down on any technologies and services it sees as a threat. Remarkably, that includes VPN technology.
Those opposing the bill say it will give the state the power to police the entire internet and any platforms on it. Furthermore, some referred to it as the “Chinafication of America.”
VPN Users Risk 20-Year Jail Sentences in the US Under New RESTRICT Act
A bill dubbed the 'RESTRICT' act was submitted to Congress and could have severe consequences for VPN users in the United States.
beincrypto.com
- The 'TikTok Ban Bill' targets more than just social media.
- The state would be able to police all communication platforms.
- VPNs would be included with violators facing up to $1M in fines.
The scary part is the potential punishment for violators. This includes fines of up to a million dollars or 20 years in jail, or both.
Balaji Srinivasan, the former CTO of Coinbase, maintains that The RESTRICT Act is reminiscent of China’s Great Firewall. It creates a virtual barrier within the United States, which emulates China’s strict internet control policies with the stated goal of competing with and surpassing the Asian powerhouse.
Srinivasan argues that it could lead to the erosion of internet freedom in the name of national competition.
If passed, the new legislation will grant the U.S. government sweeping powers to crack down on any technologies and services it sees as a threat. Remarkably, that includes VPN technology.
Those opposing the bill say it will give the state the power to police the entire internet and any platforms on it. Furthermore, some referred to it as the “Chinafication of America.”
