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Blockchain is Amway for nerds... change my mind.

@TheGibson i'll tell you all how to get rich quick simply mail one dollar to po box 1729...

@TheGibson It is possible to have a blockchain/currency with a temporally and spatially symmetric issuance algorithm.

@likho

But how would that fuel an economy of pretend scarcity?

@TheGibson It would function as a means of exchange. But not necessarily relating to "pretend scarcity".

@thegibson I have a nephew who is hyper-enthusiastic about both MLMs and blockchain and I don't think this is a coincidence.

@signal9 yeah, the difference is that one of these is damaging the climate, and the other sells dishsoap or something.

@thegibson How can you trust it if it isn't measured in kWh? How can you trust it if it doesn't dim the lights of 6 or 7 equatorial countries? You need to see the bigger picture.

@thegibson Amway actually sells products. It's not the main point, it's still a grift, but you get something, unlike blockchain.

en.wikipedia.org/wiki/Amway#Br

MOTHERFUCKER. XS Energy? I know some people who were pushing that really hard, gave me a free can, and got really upset when I told them it tasted like licking carpet full of carpet cleaner, with a faint hint of whatever animal effluent they were cleaning up. I didn't know they were doing it to pay off their mob vig^W^W Amway payments.

@mdhughes @TheGibson you can get products on the blockchain too! Who wouldn’t want to buy an ugly pixel art monkey?

@cinebox @thegibson I can make my own ugly pixel art monkey!

(tried to upload an 8x8, and it didn't render)

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hackers.town

A bunch of technomancers in the fediverse. Keep it fairly clean please. This arcology is for all who wash up upon it's digital shore.