“Days after the proposal of billionaire venture capitalist Fred Wilson to create a decentralized social media platform, Ryan X. Charles, ex-Reddit cryptocurrency engineer, has announced in a blog post that he wants to collaborate with others to create a decentralized Reddit. Charles and the Reddit development team planned to get rid of third-party services and institutions like banks and payment processors by integrating bitcoin as the only payment option for the platform. However, after taking US$50 million in funding, Reddit replaced their management, and Yishan resigned ‘due to exhaustion.’ Reddit shelved Charles’ project and fired him soon after.”
Related posts:
Real Food vs Food Pyramid Non-Food
'US civil war is coming'
Farmers help bitcoin grow organically in Argentina
It’s Now Cheaper to Buy Rather Than Rent in Top 100 U.S. Cities
The Failing War on Drugs, the Benefits of Natural Cannabis Cultivation
Riot Alert: Look Out Argentina, South Africa, Turkey and India
The Prison Industry in the United States: A New Form of Slavery?
This Trade Treaty Got Better when the US Bailed
The Mises View: "Rejecting War"
U.S. pilot found living in Vietnam village 44 years after being declared MIA
Defiling the Memory of President Eisenhower
Is a college degree worth the cost? You decide.
The Thieves Who Steal Sunken Warships, Right Down to the Bolts
Not Just Government; Americans Don't Like Government Workers, Either
In New York, Annoying Someone Is No Longer A Felony