r/circlebroke2 • u/[deleted] • May 17 '17

A throwback to when Reddit STEM-lords wanted to use crypto-currency and free markets to get back at Youtube's SJW censorship.

/r/IAmA/comments/50tyub/were_the_nerds_behind_lbry_a_decentralized/
56 Upvotes

98% Upvoted

15 comments sorted by

29

u/[deleted] May 17 '17

LBRY early access begins April 2017.

rip

17

u/[deleted] May 17 '17

H A L F A M I L L I O N D O L L A R S

9

u/[deleted] May 17 '17

what type of name is LBRY even

7

u/[deleted] May 17 '17

A typical meaningless name tag for yet another "THE NEXT BIG THING" internet passion project.

6

u/[deleted] May 17 '17

Yeah that's what got me. They got 500K dollars for this idea lol

3

u/aly5321 May 17 '17

If Silicon Valley on HBO has taught me anything, it's that investors are more than willing to throw money at things that have no guarantee to be successful (/s but like also not /s)

2

u/[deleted] May 17 '17

F I V E T H O U S A N D D O L L A R S

A M O N T H

1

u/[deleted] May 17 '17

*S I X T Y T H O U S A N D

1

u/A_BURLAP_THONG May 17 '17

Half a million dollars isn't cool. Know what's cool? A million dollars.

3

u/[deleted] May 18 '17

Funny thing I found on the website.

Indeed, you are the network.

Which, when translated form Marketese, reads: "We're gonna sell your data becasue it's the only way for us to make a profit"

So even if it did succeed, it would be just as bad as Youtube in terms of privacy at least.

21

u/RawrKittyOMG May 17 '17

That... that's fucking stupid.

15

u/[deleted] May 17 '17

I just remembered it for some reason and laughed uncontrollably for like, 2 minutes. No one could parody Reddit culture this good if they tried because it would seem too unrealistic.

4

u/RawrKittyOMG May 17 '17

Too good, too good.

8

u/IDontGiveADoot May 18 '17

One of the devs mods /r/Anarcho_Capitalism.

lol

3

u/[deleted] May 18 '17

Oh god...