Printing currency isn't destroying the planet....the current economic system is doing that, which is the same economic system that birthed crypto.
Governments issuing currency goes back to a time long before our current consumption at all cost economic system was a thing.
lol
Forever? No, of course not.
But paper currency is backed by a nation state, so I'm betting it'll be around a bit longer then a purely digital asset without the backing of a nation, and driven entirely by speculation.
I'm not even anti-crypto. It was novel idea when it was actually used entirely as a currency, but that hasn't been true for quite some time.
This is straight out of Monsanto playbook going back decades. There's a reason why a lot of countries have either passed laws legally shielding local farmers from accidental cross-pollination, or just banning GM seeds, not for any pseudoscience rational, but because of the way agro business uses natural cross pollination as a vector for lawfare and predatory business practices.
The inability to relock the bootloader is gigantic security vulnerability. It negates, or entirely voids, a significant amount of a devices physical security, including FDE.
There are other security issues with LineageOS, but that's part of the trade-off. There's nothing inherently sinister or incompetent about that, it's just the nature of the beast.
Regardless, I'm not here to chastise anyone's choice of OS, or to even imply that there is a right, and wrong ROM, there isn't.
I was just pointing out that there are pros and cons, and users should be aware of them when making those decisions.
Security and Privacy are not the same thing.
Stock Google is absolutely a hit to ones privacy, but LineageOS is a often big hit to device security.
If you don't have a Pixel, and therefore can't use GrapheneOS, check and see if your device is compatible with DivestOS.
However, neither will offer root support for reasons that both devs have decent write-ups explaining within each project's documentation.
I do realize that not everyone places security above all other factors when deciding on their smartphone OS, but I think they should be aware of the trade-offs so they can make an informed decision.
I don't see the issue here.
I detest what Spotify has been, and is doing, to artists, but this isn't that.
Spotify jump started a market by infusing it with cash, and then ran out of cash. It sounds similar to when a patron of the arts no longer has the funds available for patronage.
Yes, it sucks for those people who lost their funding, but podcasts are profitable all over without the infusion of cash from Spotify.
I realize that those with a large overhead, or those who are otherwise just unable to adapt, are in a shit situation, but I suspect the rest of them, and those that follow, will adopt the monetization strategies of other successful podcast markets.
Also, who the fuck wants to use the Spotify app for podcasts? Jesus I would never subject myself to that, they'll be better off for it in no time.
Really this just sounds like YT membership, allowing users to create subscriptions for premium/special content e.g. gambling picks, porn, etc.
If that's all it was intended to be, it could have been an actually useful and not intrusive monetization strategy....5 years ago.
Even if that's how the feature gets rolled out now, unless it's an unmitigated disaster, I don't see them being capable of not overplaying their hand.
They will assume that because some users are willing to pay for private porn content, or gambling pick subreddits, that of course most users must also be willing to pay for cat photos and memes.
Personally, I am all for it. I am for Reddit making the worst choices possible and speed running their decline. Mostly, I would like a user exodus that results in Lemmy finally getting growth in a lot of their more niche communities that still keep me using Reddit on occasion.
I realize the article was written to make it sound like they lost money on this, but I would be shocked if they had.
To vastly oversimplify it, private equity does a few things to make money on the companies they acquire:
The last parts are where it goes from amoral to "HOW THE FUCK IS THAT LEGAL?"
The private equity firm will have its own separate entities that provide a variety of services, for example janitorial or administrative.
The new private equity owners will then replace all the current vendors, with their own entities at a expentionally hirer costs. All the while, paying themselves gigantic consulting fees.
Basically those are all just ways to legally embezzle money by extracting all the resources from the company. Once that's done, they'll sell the last thing of value: the brand name itself e.g. CNET, VICE, etc.
If there is no money in the brand itself, then they'll just dissolve the company.
What I'm about to say is coming directly from my own asshole, so if someone actually knows what they're talking about cares to explain why I'm wrong, I'm open to hearing it.
This feels like an attempt to try extract as much capital as possible before other civil lawsuits and/or regulatory actions are able to do to the same.
Piped apps have been broken at least 6 - 8 times in the past couple of weeks.
It's the biggest Google effort I've seen to crack down on 3rd party YT clients.
I actually used to pay for YT premium, then they removed my discount AND raised the price to over $12/mo.
Sometimes I do miss my algorithm feed, just not enough to watch YT ads, or pay $12 - 15/mo.
Instant Pot didn't simply go bankrupt. It was busted out by private equity.
Are you really using all of human history as a timeframe to say that currency is a relatively recent phenomenon?
Again, I'm not anti-cryptocurrency, but it's not really a currency anymore than any other commodity in a commodity exchange, or a barter market.
And I don't care if it's livestock, or Bitcoin, I'm not accepting either as payment if I sell my home, or car. Not because of principles, but because I don't know how to convert livestock into cash, and I can't risk the Bitcoin payment halving in value before I can convert it to cash.
And who was talking extremes? I'm just pointing out the absurdity of the claims that crypto is the replacement for, or salvation from, our current economic system, or the delusion that currency backed by a nation is somehow just as ephemeral as Bitcoin, or ERC20 rug pulls.
You said Bitcoin was designed to free us from the tyranny of big capital, but it's been entirely co-opted by the same boogeyman. So regardless of the intentionality behind the project, it's now just another speculative asset.
Except, unlike gold or futures contracts, there's no tangible real world asset, but there is a hell of a real cost.