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Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers (www.cnn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers::Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.

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[–] [email protected] -1 points 1 year ago* (last edited 1 year ago)

Not really! What about reputation score, etc?

You could actually say that about any business that accepts credit cards or digital payment at the point of sale. Try it.

Two points:

cash-on-hand is a huge security vulnerability
reputation is something that REQUIRES a tamper-proof network (virtually impossible without blockchain) and some sort of identity. If you attempt to centralize reputation (which would inescapably involve putting it in the hands of a for-profit corporation or trusted party(s)), you get gamification and a company that extorts people to get them to pay for positive reviews or to remove negative reviews like we see with Yelp!