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1. vic (vic@seal.cafe)'s status on Tuesday, 21-Nov-2023 23:03:11 JST vic

   • Machismo
   • jaf
   • Trash Panda
   @meowski @raccoon @Zerglingman @jeff The network exists and is actually robust, but it's only useful for tiny amounts of data, and you get nickel-and-dimed for every packet you send.
   
   Most people are interested in setting up hotspots for it for passive revenue generation, but it's not really economical. A hotspot costs $300-900 (plus monthly electricity) and only earns a few dollars per month. Nobody is actually using it for sending data.
   
   Plus Helium just has that "give us all your money" feel. Their HNT crypto-like-currency feels like a half-baked corporate attempt to appeal to "the people" while masking where the real dollars are actually going (into the Helium owners' pockets). It is very much a big Silicon Valley project.
   • Iska (iska@catposter.club)'s status on Tuesday, 21-Nov-2023 23:13:58 JST Iska

     in reply to

     • Machismo
     • jaf
     • Trash Panda

     @vic@seal.cafe
     @meowski@fluf.club
     @jeff@misinformation.wikileaks2.org
     @Zerglingman@freespeechextremist.com
     @raccoon@den.raccoon.quest storage/network blockchains are just shitty DHTs that ask for money

     Machismo likes this.
   • jaf (jeff@misinformation.wikileaks2.org)'s status on Tuesday, 21-Nov-2023 23:30:57 JST jaf

     in reply to

     • Machismo
     • Trash Panda
     • Iska
     @iska @meowski @raccoon @Zerglingman @vic monetary incentives work you just almost never can tell what will be cut in order to maximize profits.
     that's the problem really
     Machismo likes this.