And these "coins" are actually tokens. Not only are they not backed by any real assets (venture capital, real estate, etc), the damn things don't even exist in reality!
The venture was co-ordinated by CIC Digital LLC - an affiliate of the Trump Organization - which has previously sold Trump-branded shoes and fragrances.
Meme coins are used to build popularity for a viral internet trend or movement, but they lack intrinsic value and are extremely volatile investments.
This. Also, whatever is going on in China and Russia is NOT "communism." Those are oligarchies, where a small number of billionaires use the news media to keep the lower and middle classes fighting with each other, while the rich keep running off with all the f*cking money.
TikTok is owned by ByteDance, which is a front for the Chinese Communist Party. It's being used by the CCP to spread agit-prop and self-destructive crap.
Other countries use their "social media platforms" the same way, but that's no reason to make it easy for other governments to destabilize your society.
There's currently about 600 lemmy instances, in many different countries, and those countries each have different laws regarding the protection of speech. Some of it is also just power-tripping mods or left-wing / right-wing censorship.
If this is happening to a community you like, you can always switch to the same community in a different instance. Eventually, the "official" community will have the most subscribers and the community with the censorship problems will wither and die.
What's to moderate? That insurance companies prevent doctors from delivering effective health care? That insurance companies regularly abuse the contracts they have with customers and deny their claims for arbitrary reasons? That by removing all non-violent options for customers to appeal an unjust decision, they leave only violent ones? This is just basic reality. Removing complaints about insurance company practices is not "moderation." That's just censorship.
The cyber truck is exactly what I would expect from someone whos only job experience is memes and shitposts. A rolling dumpster fire, mocked by everyone.
They need to stop messing with things that work. Feature creep is how Windows XP turned into the dumpster fire it is today. Does the interface have a working file explorer? Does it support add-ons? Does it have a file search? You're done.
You don't have to rely on luck if you can afford to buy a bunch of lawmakers and a Supreme Court or two. It's amazing how many "smart businessmen" rely on a bought and paid for justice system.
THIS is why people have a problem with "tankies."
Budapest, 1956.