Comment by __MatrixMan__
11 days ago
Because conventional transaction processors can be compelled to shut off payments to publishers whose content offends the powerful. Just look at what happened to wikileaks.
11 days ago
Because conventional transaction processors can be compelled to shut off payments to publishers whose content offends the powerful. Just look at what happened to wikileaks.
Seriously. Conventional transaction processors are the problem, not the solution. They can pick favorites and shut off payments for non-favorites, change their TOS, hit you with surprise transaction fees, randomly suspend your account, insert middlemen, etc. etc.
Crypto is not going to save you there. If some country like India wants to ban content from some publishers, they can do so by just asking their ISPs to ban all traffic to said publishers. Whether the publisher accepts micropayments on crypto rails or conventional rails is immaterial. They are not going to be able to distribute their content anymore and hence not get paid either.