decentralized

So you don't have any actual response? I realized it was just a YouTube video and copied the code at the end, it's over 2 hours long. I skimmed, it's all the same one-sided skewed misinformation we've all seen before.

I'm not sure what the point of it is other than pro-bank pro-corpo propaganda. I mean sure, I get that it's currently the socially accepted circlejerk, but from an actual intelligent viewpoint what is the point of trying so hard to convince everyone something is true when it provably isn't?

There is so much within the industry that is very clearly not a "ponzi scam", but you, as all the circlejerkers on reddit, don't even bother responding to any arguments. Just insults or "it's true teehee :)" type comments.

Let me give you some examples. There's Lens Protocol, an in-development social media network that gives you a non-custodial permissionless social media profile with which you can use it on any of the front-ends built on top of the protocol. Much like lemmy, it's meant to give us freedom from centralized corporations controlling our data through social media.

There are countless donation drives and projects built to bring in money for good causes. A popular new artist Jack Butcher had one a while back that helped buy almost 250,000 meals through Feeding America via their food bank network.

There are privacy based tokens that help support journalists and activists in places where they can't safely receive money through normal means.

There are projects working with Zero-Knowledge Proofs to create blockchain based alternatives to many apps that would allow us to further control our own data, and actually keep it private. Zk proofs would prevent the services from understanding and reading the data it's using, so we would fully control our own data and only share what we want to.

I could go on, but I'm not going to spend anymore time on this if you're just going to be a lazy troll.