But in PRC the word transparency means something entirely actually opposite, it means making the citizens transparent to the state. And in that sense the norm is dictated by the ruling party, and by making the citizens transparent, it’s the same word, different direction, they could then track public behaviors comprehensively, and each province in the PRC is now competing on their social credit pass to offer preferential treatment in education, employment, house registrations, and shame the people who violate the top-down set norms with disclosure of violators’ names, denying their travel on airplanes and high speed trains, and so on. And so for me that’s not the kind of the environment that the permissionless innovation that could occur simply because the permission to obtain to adhere to the norm is very concentrated.

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