Bitcoin's fungibility graveyard

Re:Bitcoin's fungibility graveyard by notreallyserio on Saturday February 05, 2022 @03:44PM (#30225770)

IIRC that's what Hatreon was intended to do, provide crowdfunding for far-right organizations, but it shut down. I wonder if it would have been successful if it went with Bitcoin instead of relying on Visa et al.

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Re:Bitcoin's fungibility graveyard by magicjosh on Saturday February 05, 2022 @04:45PM (#30226488)

I had not heard of Hatreon so went looking.

According to a few sites, Visa shut them down. After that Hatreon didn't (yet) get another payment processor setup. Their homepage [1] says: "This site's services were suspended by VISA in November of 2017."

Kicking alt-right people off platforms is a band aid solution. A storm is forming that will explode at some point. You can't just silence people like that an expect good outcomes long term.

I imagine the next big wave of cryptocurrency use will be by alt-right users. They're coordinated, resourced, and tech savvy enough.

Crypto-enabled Spotify, crypto-enabled Patreon/Kickstarter, Crypto-enabled YouTube...basically writes itself at this point. I wonder if there's an alt-right HackerNews out there already.

[1] https://hatreon.net/

Also the founder is the 3D printed gun guy!

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Re:Bitcoin's fungibility graveyard by cSoze on Saturday February 05, 2022 @06:26PM (#30227439)

Are they tech savvy though? The "alt-right twitter" was prominantly hacked exposing a ton of personal information.

https://arstechnica.com/information-technology/2021/03/gab-t...

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Re:Bitcoin's fungibility graveyard by magicjosh on Saturday February 05, 2022 @06:32PM (#30227502)

No, alt-right as a whole is not tech savvy. But I have to imagine there's some subset of alt-right that is indeed tech savvy.

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