this post was submitted on 21 Mar 2025
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Selfhosted

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I just started using this myself, seems pretty great so far!

Clearly doesn't stop all AI crawlers, but a significantly large chunk of them.

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[–] [email protected] 1 points 2 days ago (1 children)

this reads like a mad rant.

first of all, bitcoin in its original form was meant to be used as a transaction log between banks. it was never meant to be a currency on its own, which can be seen in the fact that efforts in scaling up to more than a few million users consistently fail.

in practice, all cryptocurrencies result in a centralisation of power by default, whether they use proof of work or proof of stake, because they are built so that people with more resources outside the network can more easily get sway over the system. by either simply buying more hardware than anyone else (for pow) or pooling more of the limited resource (for pos) they can control the entire thing.

cryptocurrencies are a libertarian solution to the problem of capitalism, which is to say, a non-solution. the actual solution is to limit the use of financial incentives. i'd wager most people on lemmy would rather abolish currency altogether than go to crypto.

[–] [email protected] 2 points 2 days ago (1 children)

It's a rant, for sure

first of all, bitcoin in its original form was meant to be used as a transaction log between banks.

Satoshi Nakamoto, they guy who invented Bitcoin, was motivated by a desire to circumvent banks. Bitcoin is the exact opposite of what you claim:

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. ... Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. ... What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.

https://www.bitcoin.com/satoshi-archive/whitepaper/

My comment is a rant, because I constantly see these strongly held opinions about systems by people who not only know nothing about the topic, but who believe utterly false things.

cryptocurrencies result in a centralisation of power by default, whether they use proof of work or proof of stake, because they are built so that people with more resources outside the network can more easily get sway over the system

Ok, now I have to wonder if you're just trolling.

Bitcoin, in particular, has proven to be resilient against such takeovers. They've been attempted in the past several times, and successfully resisted.

[–] [email protected] 0 points 1 day ago

you are framing a fundamental issue with the system as a positive, which is confusingly common for crypto advocates.

i'm not interested in this conversation.