Unpopular first take… is Fediment a shitcoin ponzi?
IOU’s, tokenized ₿itcoin, trusted third parties with special privileges?
Discussion
I think it all depends on the scale of the fediment. If it’s within a selected circle of people that know each other… I don’t see it that way, but if you bring that to a broader group and they don’t know shit, well… it’s banking 2.0 lol
Yeah, not interested.
It’s a custodial wallet with privacy
🤢🤮
It makes sense for you to feel that way, you’re an early bitcoiner.
You might feel differently if you were a nocoiner in 30 years, just starting to get your wages paid in “bitcoin”.
If they send you real bitcoin, you lose half your wages to fees. So instead you get ecash that you can cash out every few months
I personally don't like it even with a restricted group of persons...
Everyone can discuss with friends, even witg best friends.
Friendships CAN end.
Better having full control of my money
Agreed. Call shitcoins a shitcoin. Don’t self censor. I’m open minded and willing to be convinced, but my initial exposure to Fediment screams scam.
#bitcoin is the only thing that is not a Ponzi
