- Time removed its paywall in June 2023, resulting in a rise in advertising revenue but a loss of digital subscribers, with traffic remaining relatively flat.
- The decision was influenced by broader industry trends and the publisher’s focus on working with advertisers and leveraging its brand equity in other ventures.
- Time aims to achieve profitability by expanding its direct advertising and sponsorship business, growing its global events slate, and exploring new ventures like connected television.
The old perception is reality, while your not wrong, still means decent institutions are losing out on funding options.
Credit cards were seen as a scam at one point because scary digital currency. Same with torrent protocol. To be honest I’m suprised lemmy doesn’t accept it for server donations.
So its either stay with the current model which is visibly dying or find another way
I mean, I don’t think accepting crypto would make or break any organization beyond a niche mom and pop operation. If they would die without accepting crypto, they are likely not going to be saved by it. I doubt there are many people, especially in the USA, who would or could only donate via that option.
In my personal opinion, crypto IS a scam and every organization would be best served dealing in real currency.
iTs A sCaM
If I can’t buy groceries, pay rent or medical bills with it, it’s in not a real currency. If I can’t bail myself out with it, it’s not a real currency. But sure, somehow paying money to get faux money that can’t really practically pay for my needs, and then needs to be reconverted to real currency to take care of my needs is somehow not a scam.
Also, I’m sure you’re super cool with the insane non-renewable energy cost of bitcoin mining and distribution. It far outweighs the energy cost of AI that everyone is complaining about.