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   Ben Evans (kittylyst@mastodon.social)'s status on Saturday, 24-May-2025 22:54:00 JST Ben Evans

   • David Gerard

   I just realized: The Fedi actually has a decentralized #Software #Architecture and yet it's the for-all-practical-intents-and-purposes-centralized Bluesky that has got into bed with cryptocurrency.

   LOL. LMFAO. /cc @davidgerard

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Saturday, 24-May-2025 22:53:59 JST Rich Felker

     in reply to

     @kittylyst @davidgerard@circumstances.run Makes sense because cryptocurrency is also fake-decentralized.

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Saturday, 24-May-2025 22:56:37 JST Rich Felker

     in reply to

     • Kat S

     @KatS @kittylyst @davidgerard@circumstances.run TBF they're not rewriting transaction histories but don't make the transactions to begin with. Same thing as buying and selling gold on paper (or rather excel spreadsheets) and thinking it has the apocalyptic-safety properties they pretend it does. 🤡

   • Embed this notice
     Kat S (kats@chaosfem.tw)'s status on Saturday, 24-May-2025 22:56:38 JST Kat S

     in reply to

     • David Gerard

     @kittylyst @davidgerard That would be the cryptocurrency that's theoretically decentralised, but in practice centralised through a small number of exchanges that can and sometimes do rewrite transaction history by fiat?

     Seems right to me.