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submitted 1 year ago by thisisawayoflife@lemmy.world to c/fediverse@lemmy.world

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Now that Bandcamp has had huge layoffs, what about an opensource, Fediverse-friendly replacement? What can a FOSS product bring to the community and do better than Bandcamp?

Discoverability?
Broader selection of payments platforms? Direct transfer to avoid processors? (I'm ignorant about the processing system, plus international considerations)
Ease of spinning up (SaaS?)
Content deliverability (on the fly transcode from sourced FLAC or WAVs? Rich video/multi track audio?)

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[-] ttmrichter@lemmy.world 15 points 1 year ago

Cryptoscam shill is shilling the cryptoscam.

It's amazing to me that anybody considers crypto"currency" to be a viable currency these days after all the failures of the (... uh ... you know that "exchanges" are payment processors right? RIGHT!? ...) ecosystem to the tune of now billions of dollars.

But hey, you can at least send your funny money on a public ledger (for PRIVACY! LOL!) and have it get processed painfully slowly while contributing to more greenhouse gases than most medium-sized nations!

There's literally no downside!

[-] iopq@lemmy.world -2 points 1 year ago

You don't need to use an exchange to get paid in crypto or use a crypto with a pubic ledger

Monero is far more private than letting a credit card processor have your information. Ethereum doesn't use mining anymore so the electricity used for it is less than paying with credit card. It also takes a few seconds to process.

[-] ttmrichter@lemmy.world 1 points 1 year ago

So, let's look over the first of your favourite funny money Ponzi schemes: Monero.

Is this the Monero that people are increasingly certain is doing the digital equivalent of printing currency? (C.f. "Monerun" for details.) The Monero that has a single mining pool that's within striking distance of pulling off a 50%+1 attack? That Monero? 'Cause that "privacy" you tout for it works both ways. Yes, user details are private … but so are the operator's details so there's no way of knowing what's really going on under the covers. Like, I don't know, say, "paper Monero"…

Doesn't even sound slightly scammy. Not in the slightest. I know I'd trust them with monetary matters!

[-] wlf_warren@universeodon.com 2 points 1 year ago

@ttmrichter @iopq seems I remember them as well as a 'money exchange' never used them but the name rings a bell from a few years ago then I may be wrong?

[-] ttmrichter@lemmy.world 1 points 1 year ago

I honestly lose track of the everchanging landcape of crypto grifters these days. There's so many of them and the recent meltdown all across the crypto sphere has made them desperately come out of the woodwork trying to get ANYBODY to buy their shit before they're left holding … sorry, hodling … the bag.

Monero is the one that is a private ledger, though, which means not only can't other people see your transactions, you can't see the transactions of the people running it to see if they're scamming or not. They're less transparent than a commercial bank and that takes a lot of effort!

I predict within a year Monero will rugpull and disappear into the digital æther. The whole crypto sphere is in a tailspin and the people at the head of the various pyramids are going to be leaving soon, leaving only the suckers behind.