"Both Bitcoin and Ethereum mining are very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling more than 50% of the hash rate. The entire blockchain for both systems is determined by fewer than 20 mining entities."
In other words: decentralization in the crypto space is a myth, just as it is a myth that cryptos are currencies at all.
@KrzysiekJ no, the LTOV tells us that the value of a product/service includes the cost of the labor that is needed to produce it. Which is why capitalism doubled down on automation since the very beginning: automating away human jobs is the best way to lower the price of a product and thus sell more units and/or undercut the competitors.
> We need to find a way to finance our user-facing software/hardware
- No need to search further: the multi-stakeholder cooperative is the solution: user members are charged a fee, working members make a living, investing members get a return and everybody gets a vote.
After reading and discussing chapter 28 of Ours Yo Hack And To Own, I feel like though we're onto something big here at social.coop, we still need to figure out a key aspect of platform cooperation: how to orgnize the divion of labour.
Some jobs are self-evident (eg. maintaining the software and the machines), others a bit less so (eg. facilitation, onboarding, editorial etc.).
Bauwens suggests open coops use open-value accounting, like #Sensorica, maybe we should look into it?
Few things scare me more than those who can spend their whole life without ever challenging the dominant dogma even once, those whose lives are spent in obedient pursuit of what the system wants them to want.
It's useful for local events, but very expensive for organisers ($15 a month for a basic events page). People pay purely because others use it, an open alternative would be 👍
Meetup's "network effect" might be overcome because it isn't a global network (e.g. someone in London is only going to care about meetups in London).
Also, an open alternative would be perfect fit for #federation, each community having its own instance.
@iona I would need much more than 500 chars to reply to this question. The TL;DR version is: they are trying. Sometimes with great results (think the Black Protest in PL). The truth is there are political, economical and, unfortunately, religious forces at work in eastern Europe, fueled by post-soviet anger at the neoliberal system, hell-bent on exploiting all they can just to stay in power. People _are_ fighting back, but it will take at least another generation to see widespread results
Dear Esther x The Long Dark --- A man tries his best to cope with the loss of his loved one, while the quiet apocalypse puts his body and mind to the test.
@iona > The threat of being chucked out would concentrate a few minds in Warsaw, Budapest, Bucharest etc.
- I see your point, but I am afraid such a move would only strengthen the position of the far-right leaders, as they could easily say "see? The EU is intolerant and fascist (sic)", and then go to mr. Putin begging for help. Help he will lavishly dispense, of course, to extend his control over the former eastern Europe colonies
@iona kicking both countries out of the EU would punish the population and not the officials who dealt with the CIA. I'd rather suggest the leaders of both countries to be apprehended and put on trial, though I'm under no illusion such thing will ever happen...
@dphiffer I'm in love with northern Europe, big time. I went to Iceland last year, and I'm already planning a trip to Norway. Can't get enough of those landscapes!
@livingcities Loitering? Isn't that the crime of not working all day for a capitalist, and/ or not being so exhausted when you're not working that you have the chuztpah to hang out in public places without buying anything?