They could just keep the numbers on a central server like they do today but if they do so, how will I be absolutely sure that nobody has been tampering with my imaginary internet points?
We could also just say stuff to each other without votes. We used to do that online. Just share an opinion and have a conversation or let it reverberate into the void without a response. Now everything needs a vote and some kind of emoji response. I swear it's a conspiracy to launder inorganic content. If it's just people talking in a forum, there's no way to slip in advertisement without it being pretty obvious.
If everything is based on upvotes, you can slip in adverts and fudge the votes to make it look like people pushed it to the top. A blockchain doesn't fix this. It just makes it even more obfuscated. If everyone trusts the blockchain and the votes are manipulated, then they'll never question it. They'll accept it as true because the precious blockchain of objectivity said so. Now you can't attack the message without having a debate about the legitimacy of the blockchain, which will of course appear legitimate from the outside. The conversation goes from "why is this propaganda being pushed on social media" to "people want it because the blockchain says so, trust the science/math"
We could also just say stuff to each other without votes. We used to do that online. Just share an opinion and have a conversation or let it reverberate into the void without a response.
:this:
Back in my day we had to type out "QFT", now these kids are obsessed with "NFT". :grillman:
I think post votes result in a better sort than bumping posts every comment, but I definitely see how it seems silly having votes on each individual comment in a thread. It really gamifies basic conversations, which is one of the worst trends of modern social media in general. It's de-emphasized in the culture of this website, but it certainly isn't absent.
We could also just say stuff to each other without votes. We used to do that online. Just share an opinion and have a conversation or let it reverberate into the void without a response. Now everything needs a vote and some kind of emoji response.
Indeed. Go back a little bit farther, and every post was text, and generally posts only lived for two weeks on average, unless you saved them to your hard drive.
Hardly. The cost of creating a Shiba Inu coin is infinitesimal by design. That's how you can produce trillions of them in a matter of days, while Bitcoin won't crest five million units for another thirty years.
Crypto only needs to be fossil fuel consumption heavy if you're running into the soft ceiling on mining. And modern crypto is moving away from mining as a mechanism for engagement, because the whole point of the coin is for one dude to control the outstanding stock.
The energy/computation requirements in Bitcoin and most of its early clones were chosen as a means of having a modestly inflationary monetary policy determined by the laws of nature as opposed to being under the control of a political institution like a central bank. It ensures the money supply will grow, but there is nobody with the power to turn the money printer on or off. It was either a deep state op, or the prodigal example of Libertarian tech-bro "I can fix socio-political problems with an app" hubris.
The result has been a return to the gold standard days, where instead of a central bank controlling money supply, a cartel of massive private banks sit on mountains of bullion and can manipulate the market however they desire. And these banks are surrounded by the same exact kind of predatory creditors and exchanges and speculators along with no avenue for legal recourse.
Any workable cryptocurrency is going to return to the central banking model. There will be a political institution vested with the power to resolve disputes and mint currency. The money supply will be controlled as a matter of policy rather than a contest to see who can waste the most energy and fry the most silicon solving useless problems of increasing complexity. The Silicon Valley feifs would very much like to assume the role of being that political institution. By the time they do, the Libertarians will probably completely have forgotten why they were interested in Bitcoin in the first place. Elon Musk will roll out his own blockchain, appointing himself as central banker and they will buy that shit like piggies. States will eventually adopt this model as well, but at least that would make sense considering they are at least nominally democratic institutions which need to answer to their constituents.
I agree.
However, I think the issue being raised wrt Crypto is about the ecological cost of maintaining the original system. We're not really touching on the bonanza of bullshit that's appeared in the last few years, because the new coins don't require a zillion graphics cards running 24/7 on high burn in order to mint.
The original pitch for a cryptocurrency never factored in people building massive warehouses full of hardware to brute-force new money. Whether it was a CIA Op or a Libertarian wet-dream fantasy (or both? no shortage of red-pilled capitalist ideologues in Langley), the original idea for Crypto being a permanently deflationary currency just hasn't borne out.
Whatever Reddit business geniuses think they're doing with the site as they move forward, it has nothing to do with the original conceit of these things as financial instruments.
However, I think the issue being raised wrt Crypto is about the ecological cost of maintaining the original system.
Oh yeah. That shit absolutely needs to be liquidated. If it is not liquidated, we are basically accepting the transition from a financial system dominated by 18th century slavers to a financial system dominated by 1990s IRC sex pests. An economy dominated by the chronic masturbating gamer failsons of the elite. Whatever wealth they claim to hold in their electronic Chuck E Cheez tokens is illegitimate and immaterial. (These clowns whine about fiat currency and their solution is a short string of numbers which decrypts a digital "wallet." It's all fucking fake whether you can touch it and it has a slaveowner's face printed on it or not.)
Whatever Reddit business geniuses think they’re doing with the site as they move forward, it has nothing to do with the original conceit of these things as financial instruments.
I agree, but if the Reddit dweebs have any brains, individual votes would be the unit of value, and everything from awards to advertisements would be valued in that currency. You can design the algorithm to work like that, and you can enforce against abuse just enough to make it take off regardless of how socially dysfunctional it is. No matter what, it will be an abomination though.
Decentralise. Social. Media.
These people are such fucking scum. Decentralised social media has existed for years, look at Mastodon or the fediverse in general. Of course grifters like this dude aren't interested in that though, there is no money to be made there
Tech industry dweebs love to bang on about their education and their alma maters, can’t wait to give them a very memorable re-education
And to federal agents reading this, I mean a truly enlightening, rewarding curriculum that changes their view on the world and how they interact with it forever. In a positive way.
I mean you said it yourself that it's existed for years, so the question is when and what will cause users to shift into federated platforms. One thing that would help is engagement, and I find it problematic that one of the most active candidates for federation (this place) is not capable of federation. This is absolutely not meant to be pointed criticism of the site devs, but I think that there are ways to resolve this.
Next step would be to go to /r/Genzedong and /r/C@ and wherever and encourage them to move to their own Lemmy instances with their own moderation so they can post alongside us. Once the more "political" subreddits and wherever have early-adopted, you just need to have a place to funnel in the rest of the Reddit libs, since corporate social media is doomed to eventually cannibalize itself.
what would stop me from making bot accounts that feed each other karma, which gets converted to an etherum backed nft, and then becoming mega rich while burning entire forests down?
There's already a ton of karma bots that repost popular posts from a year beforehand. increase the profit motive, and it'll be difficult to find human-made posts
it already is damn near impossible to find human made reddit posts. ive been using that godforsaken site for a decade and the past 3 years have seen me using it less and less and less because of all the bots and algorithmic posting.
The original business plan of the website was to use bots to make the site look artificially active and popular. It's always been a bot farm run to churn engagement. Once it blew up in popularity, you didn't notice it as much. But now that its increasingly dominated by algorithm-driven ads and marketing campaigns, yeah. The engagement slides as it becomes more and more artificial. But the metrics keep rising, because more and more artificial content is injected into the site.
Imagine if this is the thing that finally crashes crypto for good.
Mahcine learning that detects these patterns.
Reddit's tech team is in an adversarial race against people trying to do the like.
Nothing except the fact that Ethereum will soon be Proof of Stake and will use like 100x less electricity.
Hasn’t ETH been 6 months away from proof of stake since like 2014?
Blockchains and decentralized apps have been around for years now, why has nobody found some useful purpose for it yet?
I mean, the only useful purpose of decentralized apps I've seen is the fediverse and the sort of interlinks between chat applications via XMPP and the like
it makes enormous design concessions to avoid all centralization which is only a necessary design constraint for avoiding state intervention. it appeals to people who make the mistake of thinking government is necessarily always against the will of the people, who discard the possibility of a dictatorship of the proletariat.
Other than ownership, there is also a financial reason to do this: To explore a new monetization strategy
Love how he just straight up admits that the only reason to do this is to grift.
Also love this hellworld PR slideshow that pretends Reddit hasn't been a huge part of the surveilled and corporatized internet, like jesus christ get a grip
anything that starts "In the beginning..." is about to tell you a fairy-tale. CMV
Also
Decentralise. Social. Media.
He says. Not a chance in the world reddit will become like mastodon or lemmy. They present it as such, but that would definitely not fly given reddit's business model.
Like, what the hell even is their business model at this point?
The site's clearly cracking up, as big bans result in people spinning up rival websites rather than trying to reinvent a subreddit community under a different moniker. Eventually, its going to rarify in the same way the individuals subs have done when getting heavy-handed with the ban hammer. Just a matter of time before people rediscover/reinvent SomethingAwful or ICANHAZCHEESEBURGER or 4chan or SlashNET or DeviantArt, and the only novel content left on the sub is indistinguishable from the Internet Explorer default news splash page.
I guess they get points for not trying to do some dumbshit VR environment. But how in the hell does tokenizing user accounts accomplish any fucking thing?
You're gonna have to buy packs of upvotes, like posting awards. The "Blockchain" is just a way to make it happen.
You'll be able to farm your own upvotes though, encouragement for good posting. Plus, money burns a hole in your pocket. Never underestimate what people are willing to blow money on.
would it really be that fucking hard to just pick a Proof of Stake system for this that wouldn't obliterate the earth whenever I get an upvote for my pirated OnlyFans posts?
China bad reddit accounts bout to become the richest motherfuckers on earth
Can't wait for reddit to publicly demonstrate how much of its content is pornography by doing this. Some gonewild-ers are about to make bank though.
It gets 62k new subreddits every month.
Gotta wonder what percentage of that is porn promotion.
forking subreddits in disagreement
collective decision-making is impossible because every disagreement spawns a fork that endlessly divides the community. butterfly meme: is this leftism?
every disagreement spawns a fork
But when you fork too often, engagement collapses. That's why so many of the political subs maintain a stable-state, rather than fracturing into roughly equitably sized /r/liberal and /r/neoliberal and /r/TrueNeoliberal and /r/TrueNeoliberal1984 and /r/BillClintonFanBois ad infinitum. Eventually, you need real humans to engage with the content or its not going to generate revenue.
So you have a kind of... uh... dialectic. Fracturing and remerging, as individuals sort themselves in pursuit of a minimum sufficient degree of commonality. Large groups will also tend to set a social standard which naive new participants will adopt. So /r/politics can continue to maintain an active userbase as new users credulously consume the prevailing ideology. Meanwhile, /r/antiwork and /r/genzedong will become lightning rods of engagement for folks pushed out of conservative-leaning subs.
If Reddit Admins keep nuking sites (or replacing the mods in a way that ostracizes too much of a given community) then these groups eventually form their own outside communities (like donald.win or hexbear.net) and continue to exist on the periphery.
But when you fork too often, engagement collapses. That’s why so many of the political subs maintain a stable-state, rather than fracturing into roughly equitably sized /r/liberal and /r/neoliberal and /r/TrueNeoliberal and /r/TrueNeoliberal1984 and /r/BillClintonFanBois ad infinitum. Eventually, you need real humans to engage with the content or its not going to generate revenue.
This is a fascinating point.
If Reddit Admins keep nuking sites (or replacing the mods in a way that ostracizes too much of a given community) then these groups eventually form their own outside communities (like donald.win or hexbear.net) and continue to exist on the periphery.
All the major social media fiefs are extensions of the state. The state will inevitably try to smother subversive trends. The major platforms are doomed to fracture and the only limit is how much the state is willing to unplug the rest of the internet. When they finally do pull the plug though, there's always ham and pirate radio. No centralized cable and switching networks required.
good posts => lots of votes => lots of blockchain transactions. I'm sure af not posting there any more.
Are you telling me all the fake internet points I amassed from Chapo can now be exchanged for hard cash? :cap-think: maybe Soros bucks ARE real!
-7DeadlyFetishes