• @jonne
    link
    111 months ago

    Yeah, transaction fees can go to the issuer, so the corporation could double dip.

    And as for transactions being publicly available on the ledger, SEC filings are public too, corporations openly bragged about raising prices beyond inflation and making record profits and they still had most of the populace convinced that the cause of inflation was just those darn lazy Millennials that didn’t want to work any more.

    In the modern manufacturing consent era, it doesn’t matter that the truth is publicly available as long as you control mainstream media (which a corporation like Meta can easily do, first on their own platform and secondly by buying ads in the right newspapers).