this post was submitted on 13 Jun 2023
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From the article:

"Moving to the Fediverse

This tension between these communities and their host have, again, fueled more interest in the Fediverse as a decentralized refuge. A social network built on an open protocol can afford some host-agnosticism, and allow communities to persist even if individual hosts fail or start to abuse their power. Unfortunately, discussions of Reddit-like fediverse services Lemmy and Kbin on Reddit were colored by paranoia after the company banned users and subreddits related to these projects (reportedly due to “spam”). While these accounts and subreddits have been reinstated, the potential for censorship around such projects has made a Reddit exodus feel more urgently necessary, as we saw last fall when Twitter cracked down on discussions of its Fediverse-alternative, Mastodon."

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[–] [email protected] 4 points 1 year ago (1 children)

I don't care if something like Bitcoin is used within the decentralised web. If I want a subscription and no middlemen, it's easier than posting cash. I don't really want it as the basis of the platform, though. Those usually end up being solutions chasing problems preventing real adoption. Most people will always use credit cards.

Almost anything else, apart from a few cryptocurrencies sharing its likeness, are absolute shams. If minting or the network is centralised, you may as well have a handwritten IOU from the conmen. Cryptobros missed the point and started hyping up the equivalent of Visa with a centralised blockchain (i.e. an inefficient database) but no regulations.

[–] ImFresh3x 6 points 1 year ago (2 children)

It’s not easier than “posting cash.” Crypto is like using tokens at an arcade. I still use money but I have to convert that money into something stupid first. And then worry about my highly volatile leftovers.

Can we get a c/buttcoin please.

[–] gonzo0815 5 points 1 year ago (2 children)

Yeah, please let's keep the cryptoshit on reddit. We need c/buttcoin, where are you, u/AmericanScream?

[–] [email protected] 2 points 1 year ago
[–] [email protected] 1 points 1 year ago

Imagine thinking that the Fediverse is allergic to crypto lmao. Lemmy literally has crypto addresses posted on their donation page. What kinda stuff are you huffing?

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

Posting cash is easier for us. For a company, it's a mess to handle. Why not have options to pay by cash, cards and crypto since that will cover all users across the world?