this post was submitted on 29 Mar 2026
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Free and Open Source Software

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[–] helix@feddit.org 0 points 2 weeks ago (1 children)

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.

[–] locuester@lemmy.zip 0 points 2 weeks ago (1 children)

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.

[–] helix@feddit.org 0 points 2 weeks ago (1 children)

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. 🙃

[–] locuester@lemmy.zip 0 points 2 weeks ago (1 children)

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

[–] helix@feddit.org 0 points 1 week ago

Or, you know, you could just use a web of trust. Like money IRL works.