this post was submitted on 12 Jul 2024
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Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

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[–] Alphane_Moon@lemmy.world 2 points 4 months ago* (last edited 4 months ago)

This is so depressing.

It's like MLM / Pyramid scheme insiders set a political donation group to "promote independent entrepreneurship", while in reality they are just looking for marks.

I was curious what the "Fairshake" organization was about. This is the main text on their landing page:

Fairshake supports candidates committed to securing the United States as the home to innovators building the next generation of the internet.

Providing blockchain innovators the ability to develop their networks under a clearer regulatory and legal framework is vital if the broader open blockchain economy is to grow to its full potential here in the United States.

Fairshake is a federal independent expenditure-only committee registered with the Federal Election Commission and supports candidates solely through its independent activities.

And other than a few links to news articles about Fairshake, there is nothing more. They can't even be bothered to link to "paid" research or articles about the economic potential of blockchain. Why bother?