Re:Patreon cuts deep inside creators’ pockets
by TheOtherHobbes on Saturday June 18, 2022 @08:14PM
(#31794988)
Because you're moving risk around without fixing anything.
Why would payers use a system which allows fraudsters to screw them over without recourse?
Crypto is not a solution because this is one of many problems that can't be solved with technology.
The real issue is that some people are consistent bad actors. You can't deal with that on a per transaction basis.
You'd need some kind of social credit system which assesses behaviour for trustworthiness accurately, independently, and objectively - instead of by personal feedback or by half-finished algorithm without appeal.
Even if such a thing were possible, everyone would consider it an intrusion on their privacy.
Why would payers use a system which allows fraudsters to screw them over without recourse?
Crypto is not a solution because this is one of many problems that can't be solved with technology.
The real issue is that some people are consistent bad actors. You can't deal with that on a per transaction basis.
You'd need some kind of social credit system which assesses behaviour for trustworthiness accurately, independently, and objectively - instead of by personal feedback or by half-finished algorithm without appeal.
Even if such a thing were possible, everyone would consider it an intrusion on their privacy.