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For those who refuse to read a little bit. The bill says what Goitein has posted. However it also includes a number of exclusions to those conditions.
Those exceptions being:
a public accommodation facility
a dwelling, as that term is defined in section 802 of the Fair Housing Act
a community facility, as that term is defined in section 315 of the Defense Housing and Community Facilities and Services Act of 1951
a food service establishment, as that term is defined in section 281 of the Agricultural Marketing Act of 1946 (7 U.S.C. 1638)
So, this excludes places people live, community provided facilities to access the internet, and any other publicly provided internet point of access, and places that serve food, like starbuck’s wifi.
It is still overly broad, to say the least. Personally I am of the opinion that organizations like the NSA already operate in such a manner without impunity as it is and we are just slowly bringing the law up to speed.
A way I have found to explain federated social media to people, that seems to work is this: Imagine reddit, but instead of one company, with one administration, owning the whole site, it is a bunch of different reddits, that are independently run, that choose which other reddits they wish to associate themselves with. When you log into one instance, you automatically can see, and interact with, all the other ones that one chooses to associate with. You can have accounts on as many instances as you would like, even having accounts on instances that do no associate with each other.