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this post was submitted on 24 Jul 2025
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Gaming
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This is why Bitcoin was invented.
No, really. We're discussing this on a decentralized technology because we know that centralized control is bad - and that applies to the technology of monetary transfers as well.
Too bad it was then mostly used for speculation instead of actually building up an internal economy where we wouldn't now have to care what itch.io's payment processors think.
Honestly, even if it hadn't been abused as a speculative investment, I don't think Bitcoin (or any other cryptocurrency) would've worked basically at all as a decentralized payment alternative. Dan Olson's investigation of it is too damning for me to believe that.
There are better cryptocurrencies for the actual use case of currencies than bitcoin like monero
Plenty of the ostensibly better alternatives are covered in the same documentary. I have no faith in them either.
You might like this blog on The Rise of Whatever, which encapsulates exactly what you are talking about. It's very good.
Ooh, thank you for linking this! I'm not able to finish reading it right now, but I've really enjoyed what I've read so far. It sounds like our brains work similarly, lol:
Big, big same.
Anywho, I'm hoping that I'll remember to come back and finish reading it when I can. 😅 Thank you for sharing it with us! :)
Dude, this piece really vibed with me. And I agree, every time I use AI for something, I feel like my brain is atrophying. It's postmodernism devaluing everything, and making nothing feel important anymore. Why study or learn anything when an AI can explain it? Crypto was turned from a potential tech feature into useless crap. And AI will go down a similar path, because it makes money.
This video is a lecture on modernism vs postmodernism, and why everything is kinda so...fucked up. It's technically a car review, but the reviewer has a degree in literature, and goes off on a really interesting sidebar that I've never really been able to forget since it debuted around the time things started really going south for the world. Coincidentally, the guy is also a furry, just like that eevee blog post. Go figure, haha.
https://youtu.be/hoxqtnI4I4c