A P2P application for anonymous communication. There's chat rooms, forums, the whole range of things, all peer-to-peer, all decentralized, all built with privacy and anonymity as a feature.
Relying on legislation to get passed or not get passed only gets us so far. Yes, absolutely, write your reps and vote, but also donate to your favorite decentralized, private tech project so they can improve the user experience and get more users. We need to make tyrannical censorship & surveillance not only technically impossible but politically unfeasible. The way we do that is by building better tech and getting more and more of the population to use it.
Sounds like GDPR is the problem then, not federated services.
You don't have to convert it to fiat if you don't want to, plenty of people use Bitcoin as currency, that is the entire point. Users tipped each other nearly a million USD worth of it on nostr int he last two months ($950k). You can go to any major city and find place to buy/sell/spend it. Many places online accept it too, of course. The network effect is quite large. Bitcoin's market cap is larger than sweden's GDP. It moves trillions of dollars of value every year. Not people "hodling", people using it to do funds transfer.
But if you want to, you can absolutely convert it, with a single click. Those middlemen typically take a lower cut since they're doing conversion not sending/receiving/settlement which is a much risker and therefore expensive service. There is, for example, no counterparty risk if you convert somebody's BTC to their native currency, but there is if you transfer that person's money to another person or act as an intermediary. I use strike for this, strike's conversion fee is less than 1%, in many apps or exchanges, conversion is literally free because the app wants to incentivize you to store money with them and because it's just updating some row in a database.
And what are the fees like on those services? Does their fee structure work for micropayments? And do they support every country out-of-the box or are there some they don't support? How do they handle chargebacks and counter-party risk? What is their settlement time? Do they occasionally freeze accounts for seemingly nonsensical or political reasons? Since we're on the privacy community, how is their privacy? Can you, for example, sign up as an instance admin and automatically have them forward payments to content creators, or would you need to custom-code that through an API and then register with a non-standard account because now you aren't a regular user but an intermediary? Try being an "intermediary" on Paypal and your account will get shut down very quickly, because you aren't allowed to do that. You'd have to custom negotiate a special deal with them and fill out a bunch more paperwork and probably pay higher fees and meet a bunch of other requirements like being incorporated and obtaining insurance and auditors and the list goes on and on.
Ask anybody in the adult industry how much trouble they have getting access to these services even though the business they are engaging in is perfectly legal. Not grey area legal, fully certified legal by the US Supreme Court and appellate courts up and down the system for decades.
Answer these questions and you start to see the appeal of not having a third-party custodian do all this. Bitcoin lightning can do all of this, instantly, for 10-1000x less fees and massively less complication. You can say you don't like crypto, that's fine, but it's legitimately better at solving these kinds of problems which is why adoption has been growing for 15 straight years.
You may want to look into Qubes, it can natively route an entire OS through Tor. Note that routing all your traffic may hurt your anonymity. For example, there what if an app on your machine reaches out to somewhere and reports the serial number of a piece of hardware and it does it through your "anonymous" Tor connection? Virtualizing that hardware can help avoid that. Think through your threat model.
I2P is really cool tech, wish more people knew about it. In a similar vein: #hyphanet (formerly #freenet) and #nostr
25% of Americans own crypto, usage continues to grow year after year both domestically and internationally. Most people have a crypto-capable wallet on their phone (CashApp, Venmo, Paypal). It solves problems traditional financial systems can't solve well. That's a trend that has been happening for 15 years. You can be mad at it, but it doesn't change that it's true.
What exactly would prevent people from paying in actual currencies? Crypto is in no way a requirement for a YT replacement whatsoever.
You want to get paid without a middleman
This is the part you missed. Imagine Lemmy but for videos instead of links. Users pay creators via some subscription or likes mechanism. Lemmy instance admins do not want to deal with:
- Custodying the funds and having to keep them safe
- Having to make connections to every major national banking system or payment processor
- Dealing with chargebacks, payment disputes, counterparty risks, KYC/AML/other onerous regulations etc. People are used to cards being "instant" but full settlement on the backend takes days to weeks depending on how you define "settlement".
Doing these things is an absolute nightmare and takes a lot of human time. Human time costs lots of money. All this just to move money from viewers to content creators.
Bitcoin via lightning, for example, can do all of this for them without any of that mess. Payments can go P2P directly from viewers to creators. Payments can be settled instantly for <1% in fees, usually pennies.
People are working on this for general decentralized storage, some of them have existed and been functional for 5+ years, I'm not familiar with all the names but there's jstor (jstore?), filecoin, etc. When you have a system where you need to manage a database (and everybody's copy of the database is the same) but you need to do it in a decentralized, P2P way, blockchain is really the only solution. A system which records who is hosting what and allows people to buy & sell storage is exactly this: a database with some buy/sell frontend.
The key problem that needs to be solved is the monetization problem. Nostr has a potential solution though. Over the last two months alone, their users have "zapped" (tipped/donated) other users around 950K (nearly 1 mil!) USD worth via lightning and that number continues to grow. And it doesn't just make it easy to pay content creators, but to also put a portion of your "zaps" towards the relay you use or development of the software if you want. If you have a nostr account, you can easily tie it to a lightning address to send/receive tips, nostr doesn't take a fee. Relays can also portion out a bit of their zaps for the people who publish the most engaging content on their relay. The possibilities are quite extensive. And because it's over lightning, zaps happen instantly and for pennies or less in fees. Though, you can use nostr without zaps at all.
For those unfamiliar with nostr, it's a decentralized social media software much like ActivityPub/mastodon, the main use right now is as a twitter/instagram clone but there's also a reddit-style section being built up as well. Video hosting itself could be done by relays or through a P2P system similar to IPFS. Moderation abilities from the perspective of the instance/relay are identical to activitypub/mastodon. But one bonus if that if your relay goes down, you don't lose your identity, since your identity and relay are separate. And if you change apps or relays (you are typically connected to multiple relays), all your content moves with you seamlessly. And the payment/zap infrastructure is all decentralized, relays don't ever custody or manage the payments. If you tip a content creator, it goes directly from you to them. The lightning network has basically limitless transaction capacity. If you have cash app, it supports lightning, so you can already send zaps (you will need different apps to receive zaps though because cash app doesn't support the LNURL standard). Strike natively supports it. And because it's lightning, it works in every country automatically.
Long-term, if I am a content creator, which "fedi"-type system is going to be attractive to me? One where users can send me tips and mircopayments or one where they can't? This is why I think nostr is going to win out long-term over AP/Mastodon. Mastodon could add this kind of functionality but I don't get the impression they're open to it. People may not want to commit to yet another $5/month subscription to a YouTuber's patreon or nebula or whatever, but they are happy to tip 1-10c after watching a video. So there's a psychological beauty to micropayments as well. As some random person I have made like 7c on tips this month, but I've also given out plenty to other people.
Source about nostr fees: https://lemmy.ml/post/17824358
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cross-posted from: https://lemmy.ml/post/11793765
Most of these transactions took a few minutes and around $1 in fees. Bitcoin lightning is pennies in fees, but the account shown is on main chain.
If you know somebody who wants to contribute to Ukraine but doesn't want to deal with the hassle, cost, or availability of international bank wires, this is a great way. Most major cities have several Bitcoin ATMs and in many countries you can buy Bitcoin online easily.
Transaction list: https://www.blockchain.com/explorer/addresses/btc/357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
Proof this address is really owned by the Ukraine govt: https://twitter.com/Ukraine/status/1497594592438497282
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Most of these transactions took a few minutes and around $1 in fees. Bitcoin lightning is pennies in fees, but the account shown is on main chain. There are over 19,000 individual donations.
- If you know somebody who wants to contribute to Ukraine but doesn't want to deal with the hassle, cost, or availability of international bank wires, this is a great way.
- It will go directly to the Govt of Ukraine instead of being filtered through a NGO or other party.
- Unlike aid from governments/NGOs this money comes with no restrictions on how Ukraine can spend it.
- Most major cities have several Bitcoin ATMs and in many countries you can buy Bitcoin online easily. This means you can have a bake sale or other fundraiser, turn that money into Bitcoin, and send it to Ukraine directly.
Transaction list: https://www.blockchain.com/explorer/addresses/btc/357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P
Proof this address (357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P) is really owned by the Ukraine govt: https://twitter.com/Ukraine/status/1497594592438497282
This will make us all poorer and make everything more expensive. I'm down with making countries comply with free trade laws, China subsidizing cars is no different than America subsidizing chips or Europe subsidizing factories and agriculture. Let countries subsidize since we can't seem to stop them, let the best country & industry combo win.