They keep trying to shut them down. Sometimes, they are successful. What am I talking about? I’m talking about peer to peer businesses, businesses like Uber and Airbnb that allow buyers to purchase services directly from sellers, with no middle man and little overhead cost.
The folks that have benefited from the protectionism of centralized, licensed, regulated business don’t like this development and they have been moving to push their governments to shut this kind of freedom down. Well, ow there is a new app emerging called Swarm City that is attempting to bypass the controls the controllers have used to hinder peer-to-peer business.
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From Activist Post
By Vin Armani
This Decentralized App Aims To Disrupt Uber, Airbnb and More
In this video, Vin Armani has a discussion with Bernd Lapp, the head of the Business Hive in Swarm City, CEO of Old School GmbH, and Advisor to many blockchain-based projects. Motivated by local government crackdowns on peer-to-peer services like Uber and Airbnb, Swarm City aims to provide a platform to enable all voluntary market activity starting with ride-sharing. Swarm City understands that “reputation” replaces the need for “regulation” in a market. They’re setting up a system with escrow and reputation tokens to help ensure best behavior.
Watch full episode here.
Vin Armani is the host of The Vin Armani Show on Activist Post, author of Self Ownership, agorist entrepreneur, founder of Bebi Vodka and co-founder Counter Markets. Follow Vin on Twitter and subscribe on YouTube. Get the weekly podcast on iTunes or Stitcher. Vin is available for interviews at email – Vin (at) VinArmani.com.