this post was submitted on 21 Mar 2025
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Buy European

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[โ€“] brucethemoose@lemmy.world 35 points 1 week ago* (last edited 1 week ago) (32 children)

Too bad about crypto.

This is the exact kind of situation it was meant to deal with: finance independent of bad entities. But itโ€™s such a dumpster fireโ€ฆ

I donโ€™t think thereโ€™s a purer example of social media engagement hype, predatory capitalism, and disinformation ruining something neat so quick.

[โ€“] chicken@lemmy.dbzer0.com 13 points 1 week ago (6 children)

social media engagement hype, predatory capitalism, and disinformation ruining something

I mean, it still works for getting around Visa and Mastercard. For instance it can be used to make donations to various media piracy groups. It's just that it's so useful to scammers and many people see the technology as a whole as being one 'brand'.

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