US to give up net oversight powers

US to give up net oversight powers http://www.bbc.co.uk/news/technology-26033686

This could be good, it very very bad.
Who controls it, how much oversight. Private businesses rarely have Powell’s interest at heart. If stakeholders are shareholders, prices may skyrocket. The while structure could bloom into a wrist mess. Or not. I guess time will tell. There are good international committees.. waiting to j hear more details.

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