this post was submitted on 17 Jul 2023
38 points (100.0% liked)

Technology

37603 readers
486 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 1 year ago (1 children)

On the other hand I never understood why they tried to tie it into the blockchain or cryptocurrency.

What's so hard to understand about that? EVERY damn problem with the modern Internet goes back to money. People producing content like to be paid. People running the servers like to be paid. And if you don't want to people flooded with ads, you need to get money from somewhere else. Credit card fees make it impossible to pay small creators, so you need to have a micro-payment layer in between, cryptocurrency provides just that.

[–] [email protected] 5 points 1 year ago

cryptocurrency provides just that.

It provides the promise of that.

The reality, not so much