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RE: Feeless Transactions Called Into Question: Hive As A Social Media Network

in LeoFinance11 months ago

I find it hilarious that even in 2023, there are still people who believe that Ethereum is viable for P2P transactions, micropayments, and social networking. It isn't. All the supposed "upgrades" and network updates that have been pushed through on Ethereum in the past few years have done NOTHING to address the gas fee issue, nor has any of it alleviated the bottlenecks in transactional throughput.

I think that the more people realize that everything has a cost - the better. Facebook makes over $64B per quarter from selling user data, alone. Google makes more than that. People need to realize that their online activity is monetized by these centralized entities and sold for profit at their expense.