Peterson's innovative Patreon-YouTube-Twitter hybrid could apply competitive pressure to other platforms, incentivizing them to relax their censorship policies. Once again, the market is doing a better job at encouraging free speech than more regulation ever could.
Libra is currently little more than a vague white paper and a few lines of open-source code, yet legislators like Reps. Carolyn Maloney and Maxine Waters are demanding that the project be shut down before the concept has even been fully fleshed out.
What an individual finds beneficial or costly is entirely up to them. In other words, it is not up to the economist to judge the merit of what people like and don’t like—that’s their decision.
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