this post was submitted on 02 Sep 2024
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[–] demesisx@infosec.pub 0 points 1 month ago (16 children)

Are we so hive-minded here on Lemmy that we have been brainwashed into hating crypto so much that we, a DECENTRALIZED community, have decided to start a centralized service to pay posters rather than use the trustless, decentralized systems literally DESIGNED for that purpose that already exist?

All crypto isn’t a scam, people. Stop scoring own-goals against the big banksters and do your part against crypto scams by thoroughly vetting crypto projects before you put your trust in them rather than blindly believing that they’re ALL out to scam you.

This idea should obviously be implemented with cryptocurrency but of course it isn’t because of our unfounded vilification of an entire industry that is clearly more philosophically aligned with the principles of the fediverse than centralized, legacy systems that we’ve been duped into continuing to support.

🤦

[–] wholookshere@lemmy.blahaj.zone 0 points 1 month ago (6 children)

All (capitalistic) money is a scam.

We’re just forced to use a currency because governments say so.

So yes, your crypto is still a scam. Because money still vanishes into thin air when line goes down.

[–] demesisx@infosec.pub 0 points 1 month ago* (last edited 1 month ago) (5 children)

Let me ask you this then: How do you think servers will continue to run? Do they run for free on fairy magic?

I don’t live in a communist country. So, I fail to see your point about money being a scam. Yes. Of course. But I can’t tell my landlord that money is a scam. He will want money for me to continue not being homeless.

3rd generation cryptocurrencies are an attempt to decentralize and democratize computation. If you have a better way to pay people for use of their servers, I’d be happy to hear it but right now you are literally using a server that runs because someone decided to do so for free. It won’t always be that way when this technology scales beyond one server operator’s practical limit. We will need ways to pay people for the use of their electricity and hardware. If you can think of a better way that ISN’T fraught with corruption, centralization, and loss of anonymity, I’d love to read it.

[–] Takapapatapaka@lemmy.world 0 points 1 month ago (1 children)

Im not entirely sure i understood everything but is donation the solution you're looking for?

[–] demesisx@infosec.pub 0 points 1 month ago

I’m looking for viable alternatives to the one I mentioned. I can see the cons to the method I mentioned (stake pools that also run instances and collect fees from transaction they process to cover the costs that running an instance incurs) so I am honestly just hoping to see some fresh new ideas. I sympathize with people’s disdain for the ills of crypto but I see some purity in crypto when executed properly (in an open and decentralized manner with 100% public inital token allocation for example).

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