degooglerleon@lemmy.zip to Free and Open Source Software@beehaw.org · 4 days agoFoss Phone?lemmy.zipexternal-linkmessage-square70linkfedilinkarrow-up11file-text
arrow-up11external-linkFoss Phone?lemmy.zipdegooglerleon@lemmy.zip to Free and Open Source Software@beehaw.org · 4 days agomessage-square70linkfedilinkfile-text
minus-squareHelix 🧬@feddit.orglinkfedilinkEnglisharrow-up0·3 days agoYeah but what problem does it solve here? I don’t hate crypto in spite of it being FOSS, I hate it because greedy capitalists do harm with it and I don’t have any value from it.
minus-squarelocuester@lemmy.ziplinkfedilinkEnglisharrow-up0·3 days agoWhat problem does it solve where? It’s an immutable data ledger. It solves trustless interactions. Raising capital, trading, etc. it moves financial markets from proprietary pay to play arenas (wall st), to an open model. If you hate money and markets, you’ll hate it too. But it does solve worldwide instantaneous value transfer.
minus-squareHelix 🧬@feddit.orglinkfedilinkEnglisharrow-up0·2 days ago What problem does it solve where? It’s an immutable data ledger. It solves trustless interactions. Ah, so, like Git with signed commits. Got it. 🙃
minus-squarelocuester@lemmy.ziplinkfedilinkEnglisharrow-up0·2 days agoPrecisely actually. Except with nakamoto consensus on top to order the commits.
minus-squareHelix 🧬@feddit.orglinkfedilinkEnglisharrow-up0·21 hours agoOr, you know, you could just use a web of trust. Like money IRL works.
Yeah but what problem does it solve here? I don’t hate crypto in spite of it being FOSS, I hate it because greedy capitalists do harm with it and I don’t have any value from it.
What problem does it solve where? It’s an immutable data ledger. It solves trustless interactions.
Raising capital, trading, etc. it moves financial markets from proprietary pay to play arenas (wall st), to an open model.
If you hate money and markets, you’ll hate it too. But it does solve worldwide instantaneous value transfer.
Ah, so, like Git with signed commits. Got it. 🙃
Precisely actually. Except with nakamoto consensus on top to order the commits.
Or, you know, you could just use a web of trust. Like money IRL works.