Except the mode of transaction is still capitalism and the company facilitating the transaction is taking cuts. Inevitably, as this expands, the company will increase their cut to keep up with falling profit rates.
Maybe the government steps in and does some sort of trust busting, but that will end up creating 6 different platforms that are incompatible with each other and less to additional transactions and cuts to transfer balances between them.
So yeah, no, this is just digital panhandling and evidence of a rotten system and a fenced in and privatized commons (in this case digital commons). In the same way that giving money to the homeless (as an individual) won't ever solve homelessness, donating money to someone's college fund on Twitter will never solve the underlying problems that made them need to beg.
Do it anyways because it's good, but don't delude yourself into thinking that it will ever be a solution.
Except the mode of transaction is still capitalism and the company facilitating the transaction is taking cuts. Inevitably, as this expands, the company will increase their cut to keep up with falling profit rates.
Maybe the government steps in and does some sort of trust busting, but that will end up creating 6 different platforms that are incompatible with each other and less to additional transactions and cuts to transfer balances between them.
So yeah, no, this is just digital panhandling and evidence of a rotten system and a fenced in and privatized commons (in this case digital commons). In the same way that giving money to the homeless (as an individual) won't ever solve homelessness, donating money to someone's college fund on Twitter will never solve the underlying problems that made them need to beg.
Do it anyways because it's good, but don't delude yourself into thinking that it will ever be a solution.
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