fpslem

joined 1 year ago
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Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. Crypto Laws in c/technology@lemmy.world
[–] fpslem@lemmy.world 20 points 1 week ago (2 children)

That's probably a fair assessment, but still a rather damning indictment of the industry writ large.

There are definitely better versions of cryptocurrency that I think could be more useful, but the industry is definitely not headed in that direction. Instead, it's all pump-and-dumps, rug-pulls, and other schemes that render them nothing more than highly speculative asset classes in which the underlying asset has no intrinsic value.

Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. Crypto Laws in c/technology@lemmy.world
[–] fpslem@lemmy.world 106 points 1 week ago (38 children)

It's just grift all the way down with crypto, isn't it? Scams layered on scams layered on scams.

2
Me right now (lemmy.world)
 
After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year in c/technology@lemmy.world
[–] fpslem@lemmy.world 0 points 10 months ago (5 children)

I really wish there was a better alternative to push my friends to. I do use Bandcamp, so at least I know more of my $$$ are going to the artists and I can take the music with me, but I'm not sure about the platform long-term.

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After announcing increased prices, Spotify to Pay Songwriters About $150 Million Less Next Year (www.billboard.com)
 

When Bloomberg reported that Spotify would be upping the cost of its premium subscription from $9.99 to $10.99, and including 15 hours of audiobooks per month in the U.S., the change sounded like a win for songwriters and publishers. Higher subscription prices typically equate to a bump in U.S. mechanical royalties — but not this time.

By adding audiobooks into Spotify’s premium tier, the streaming service now claims it qualifies to pay a discounted “bundle” rate to songwriters for premium streams, given Spotify now has to pay licensing for both books and music from the same price tag — which will only be a dollar higher than when music was the only premium offering. Additionally, Spotify will reclassify its duo and family subscription plans as bundles as well.