Not so sure that it can’t be tailored to big businesses. Regulations carve out exceptions all the time based on employee count, annual turnover, customer count (hits), etc

If this is any guide, maybe there should also be an upper age limit, too.

Well the devil is in the detail. However, what appears is being mooted is it will only affect big social media corporations. A Lemmy instance is hardly big business. Not that I’m discounting creeping regulation moving into the fediverse.

I could have sworn that this story has done the rounds already. I guess it’s an update on that story as he has now resorted to litigation.

Maybe it took this long to develop an alternative. They now have an alternative… Right? The Kremlin wouldn’t send it’s citizens off to fight without being sufficiently equipped… Right?

It’s a storage agnostic protocol for sending, receiving and enumerating to/from cloud storage. Think off it like email. Email service providers allow for a number of ways to access your email, be it pop3, IMAP or web. The underlying technology is abstracted away. In the same way cloud storage allows for web, s3 and/or WebDAV. Amongst others. And likewise the back end is abstracted away. The s3 client you use doesn’t need to know how the data is actually stored. And there’s some pretty whacky storage back ends.

I wonder if some kind of mesh might work. Maybe like a secret Santa type deal. By that I mean everyone who connects, gets a randomised, anonymous partner or partners. Everyone in the swarm streams for each other.

I’m not sure. If that is their strategy they’re dancing on a razor. I mean, the market is pretty slim. Basically, you can get a pretty sweet gaming PC for the price they’re offering. And if you project the amount of games you’ll get and estimate the price differential with prices of the same games on a PC you might be able to uprate the specs a few times. I would say that a PS5 with a reasonable amount of games is probably worth a similar amount to a $1k PC.

And now, the physical licence path is even less accessible. The thing with the physical licence key is it’s transferrable even if the actual data is stored elsewhere. It’s a thin veneer, I mean, Sony could gate access to this data to the first account/machine that activated it. So even this advantage is taken away.

This is yet another nail in the coffin of physical media. Or, in other words games you actually own instead of long term lease.

I think Sony never wanted a physical media PS5 console. The design made it seem like an after thought. Like a growth on the side of sleek lines.

That’s quite a privileged point of view. Take a look at: https://en.wikipedia.org/wiki/Hyperinflation#Notable_hyperinflationary_periods. In the crypto world, this is the very definition of a pump and dump. Except the pumping in the fiat world is the money supply and a dumping is the value. As for scam coins, I disagree, the scam isn’t usually the currency (we’ll, not more than fiat) it may be created and used to facilitate a scam, but unless the creator programmed in a flaw that can be taken advantage of, it currency itself isn’t the scam. And since scam creators are usually lazy, ignorant, or just optimising for returns, most of the code behind their coins have been forked from other, more legitimate crypto projects.

What I am trying to get through to you is, just like how the LIBOR scandal doesn’t implicate fiat, scammy crypto projects doesn’t implicate crypto. My criticism of fiat is it’s fundamental systemic weaknesses. It seems your criticism of crypto is it’s used by scammers. A criticism that, incidentally can also be levied at fiat.

The main difference between these “shit coins” and fiat is once the shit coin scammers eventually pull the rug, they cannot just print more of that coin. Fiat scammers can just print more of that currency.

But in both situations one does need to look at the economics of the coins, and the priors of the people in control.

I think I didn’t make myself clear. When I said “by volume” I meant was the amount of value the different systems hold and the amount of if not outright fraud, negative aspects of the systems. The fiat money systems’ money supply has a fundamental weakness, it can be created out of thin air so is constantly loosing value. Think of all the investment vehicles or other assets that tie themselves to this loosing value asset. Trillions in USD. And what’s it all backed by? Ultimately guns. Well most crypto currency is backed by maths and no matter how many guns you point at it, you cannot make 2+2= anything other than 4.

While I support crypto you gotta pick your asset. And, boy this is a dud.

I would say the fiat money system is the biggest con, at least by volume. What with all the quantitative easing and fractional reserve banking.

How powerful a tool X is depends on how much legitimacy it can gain. If politicians are leaving the platform it can’t be long before advertisers also leave. I’m old enough to remember Myspace. Even Facebook is a bit pacé nowadays.

I could imagine Labour HQ running their own Lemmy server for their MPs and staff.

It really depends how well maintained the instances are. This extra work may come at a cost. Which may exclude some of the opportunists.