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Foss Phone? (lemmy.zip)
submitted 4 months ago by to c/foss@beehaw.org
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I am FOSS-friendly? How can I do better?

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[–] 3 points 4 months ago (1 child)

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.

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  • [–] 1 point 4 months ago (1 child)

    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.

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  • [–] 1 point 4 months ago (1 child)

    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. 🙃

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  • [–] 1 point 4 months ago (1 child)

    Precisely actually. Except with nakamoto consensus on top to order the commits.

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