I’ve been thinking a lot recently about PeerTube, Loops, Bandwagon, and other platforms in the Fediverse that are geared around artists. I might get flamed for this, and you’re welcome to disagree, but I think the network is in dire need of having support for commerce.
Not “Big Capitalism” commerce, but the ability for people to buy and sell things, support projects, and commission their favorite creators to keep making more stuff.
Bitcoin and ethereum blockchains are built to be open, public and decentralized. The difference between these and a bank could be compared to the difference between reddit and lemmy. Is reddit a scam? Perhaps not on a large scale but it has all the potential to become a scam once its executives decide to do so. Lemmy is not owned by a single person which makes it way more harder to “control”.
nobody said Ethereum had to be controlled by the state but when most of the influential figures who keep it running, including its creators participated in inflating the NFT ponzi scheme you can’t say it isn’t a scam because it’s “decentralized”. BTC and ETH don’t meet any definition of decentralization, that’s why DAOs failed