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The Fediverse and Content Creation: Monetization
(deadsuperhero.com)
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this post was submitted on 02 Dec 2025
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Fediverse
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lmao, the blockchain that popularized NFTs is less scammy than a bank? touch grass
Bitcoin and ethereum blockchains are built to be open, public and decentralized. The difference between these and a bank could be compared to the difference between reddit and lemmy. Is reddit a scam? Perhaps not on a large scale but it has all the potential to become a scam once its executives decide to do so. Lemmy is not owned by a single person which makes it way more harder to "control".
nobody said Ethereum had to be controlled by the state but when most of the influential figures who keep it running, including its creators participated in inflating the NFT ponzi scheme you can't say it isn't a scam because it's "decentralized". BTC and ETH don't meet any definition of decentralization, that's why DAOs failed
Your argument: lemmy is shit because its creators are communists and it isn't decentralized because most of the traffic is on lemmy.world
BTC is and still is a decentralized project, a few actors gained a lot of power over the network but that is another story, similarly you could argue that a bunch of people run the finance world.
yes, Lemmy being created by tankies, genocide deniers and tech bros is the reason why most servers are rife with misogyny and incel mentality. that's why women don't feel comfortable participating and most active members are men. the fact that the gender hierarchy keeps reproducing itself all over the fediverse inherently disproves the myth that Lemmy is decentralized (as in abolishing hierarchical power). that doesn't mean that I don't appreciate this experiment for what it is and I definitely prefer the limited freedom of movement I enjoy here compared to the nonexistent freedom on Reddit.
the US is and still is a federal institution. just because Trump became dictator that doesn't mean that the country is fundamentally flawed and states rights hasn't always been bullshit. just one more election will get our freedom back bro I promise! /s