this post was submitted on 29 Aug 2023
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I really don't get this take, at all. Payment is at the root of almost all problems with the modern Internet. Ads, censorship, mega-cooperation monopolies, etc. There are few problems that can't be traced by to payment.
Crypto provides a means to fix that by making digital transactions easy, such that small creators can host their content and earn from their own stuff, without a middle man.
Does crypto fulfill that promise? Not quite, but it's still better than nothing and is currently the only solution in sight (until we get an official digital currency from a country). And for whatever faults it might have, it sure beats crawling up Google's bumhole in search for more ad money.
Crypto will never be a thing. We'll be in a Star Trek style post-economy future where the concept of money is worthless before crypto will ever be a viable alternative to fiat currency, at least for anything aside from buying drugs online from dudes with roman statue avatars who talk like anime villains.
How will we coordinate on building that Star Trek future without it being censored?
Any of the existing cryptocurrencies can already handle payments. We don't need yet another one for each use case of money.