To be fair, LBRY seems to be one of is not the instance where using a Blockchain actually makes sense. I’d agree with you entirely but the currency was very freely given from just participating so it never felt scummy like the rest of Bitcoin does. Each video is staked with currency but it’s just for the actual intent of the Blockchain, which is proof of existence. Surprisingly it worked pretty well in theory and in practice, as for users it was easy to view worthwhile content (until it got co-opted) and for creators it was reliable since it’s delivered P2P. I was always worried that a creator would get spammed with claim requests by people, but it never seemed to happen which was particularly surprising.

Basically, if I upload a video I’d put down, say 10Lbry to make the stake and hold it for me. Theoretically someone could just boot me out and price it at 1,000Lbry but it just didn’t seem to occur. It may just not have existed long enough for it to become a problem.

None of that really matters though because like you mentioned it got really heavily infested with the wrong crowd. Anti- everything but fa. :( It was really sad to see it go from small content creators moving away from YT to conspiracy vaccine political disinformation disaster.

I’m not on LBRY anymore and haven’t been since the Odyssey rebrand, but with the SEC fine it seems not many will be for much longer anyway lol. I’m no fan of crypto but I think LBRY did have potential at being a decent YT alternative. Maybe it’s naivety but I never got the sense that they were using crypto entirely as a trend but as an actual application. Especially given that it never got over $2.50, I just feel like there’d be more effective ways to scam than to create a video application just to scam?