It isn’t - a government entity handing the opportunity run a public to centralized/corporate entities without some sort of evaluation process is cronyism.

I’m all for cryptographically verifiable and immutable elections. I see no good technical reason for the companies pre-selected by the new administration. Conflicts of interest are all over the place.

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Alright, well, I see some fair argument to be had there, but whether it's a company or a government agency, you're going to have conflicts of interest. In fact, before we federalized everything, things were done through companies mostly. The important part when implementing a technology like this is to make sure that it's an open and verifiable standard. I mean, that's why the whole free and open source movement exists in the first place, so you don't have to trust any entities if you don't want to.