To be fair, I don't consume mainstream media whatsoever anymore. After reading Manufacturing Consent, I see no point. I get all my news from socials or alt news sources like Democracy Now!, counter punch, it's going down, and Mother Jones, etc ...
silentjohn
Do you think reddit is immune to the oligarchs? I don't think so at all.
Well no, but the question was why is there no mainstream media coverage.
I've posted a couple things here on lemmy. Let's be honest though, the reach of reddit is orders of magnitude higher than here
/50501 here and on reddit.
Why would the news, controlled and operated by oligarchs, give people protesting oligarchs any coverage?
Nah, don’t really feel like doing that
No. You can't do that because it's not possible.
Keep pretending your bullshit tech isn’t smoke and mirrors, dipshit
Ahh there's the ad hominem! Classic crypto-hater retort when you know that you're wrong and you're too stubborn to admit it. It's not smoke and mirrors, it's literally open source. You can check everything onchain. You can check the code.
Ethereum currently uses 0.0026 Annual Energy Consumption in TWh/yr. That's for everything that's on the network: all of defi (lending/borrowing, CDPs, insurance, mortgages, payday loans, exchanges, derivitives, etc), real world assets (RWAs, Blackrock's BUIDL fund alone is up+364.65% YTD), NFTs/collectables, social media, gaming, identities, etc. This energy consumption is less than orders of magnitude less than netflix, paypal, gaming, etc.
Get blocked troll.
Both of those reasons are valid and fair.
That said. MAN, you must hate the kind of company you end up stuck with. Crypto as far as I know is MOSTLY very weird AnCap types
Crypto indeed is a weird af place. I hate 99.99% of the projects and the people here. The culture is insufferable. But there is space to build projects that actually help working people.
imma h8r
Why though? It's just tech. It's neither good nor bad. It can be used for good (public goods funding, donations to causes that might otherwise be blocked, paying artists a la patreon, governance voting via DAOs, etc) or bad (speculative markets, BAYC, memecoins, rugpulls, etc).
Ok show me every single holder of an Ame72 piece and the respective market in real time.
Read Blockchain Radicals, there's more of us than you think. Dozens!
Make no mistake though, I view crypto as simply a technological tool to get us from A to B. From the cryptoleftist subreddit:
Bitcoin or any other specific crypto / blockchain project will not get us to socialism. This is first and foremost an ANTI-capitalist community (this should be the bare minimum to calling oneself a leftist), so please, we don't want to encourage some of the worst aspects of both capitalism and crypto currency like speculation and trading. We don't care if you do it, but there are other communities out there for that.
That said, there's some cool work being done on Breadchain for coops and workers: laborDAO, the ReFi (regenerative finance) movement, etc.
Crypto can be an important tool to:
-
protect the unbanked,underbanked, and even banked from the exploitative financial system: we’re making progress
-
remove US hegemonic power by undermining the dominance of the US dollar: we’re making progress, but some like USDC are actually reinforcing American dominance
-
move away from capitalism and asset speculation to collective ownership (governance tokens), trade of useful goods (digital or physical), and savings protocols: we’re not making very much progress and are actively moving against this
Of course people think crypto "doesn't do anything" when most people don't even understand how investments or tech in general works.
There is actually a lot going on with crypto. It's just that people who aren't plugged in won't really care... : https://ethereumadoption.com/
Ok, show me every single holder of an Ame72 piece and the respective market in real time.
(by the way Ethereum, the largest NFT chain, uses less energy than your dishwasher now)
Ohhhhh, the "T" word. Ez block for this uninformed and ignorant troll.
Just another question, where would you ideally like to see protest news posted on lemmy? Yes there's the 50501 community, I also post on DSA community. Where else?