LBRY Bank Accounts Shut Down! CEO Jeremy Kauffman on Being Newly Unbanked (February 2020 Reupload)

in LBRY4 years ago (edited)

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In a LBRY exclusive, CEO Jeremy Kauffman speaks on LBRY's bank accounts getting shut down without warning or stated reason, including his own personal accounts and those of his family. We spoke about what this means for LBRY and more personally Jeremy moving forward, as well as the dangers of relying on centralized services. We also covered the "fake decentralization" phenomenon where platforms and services claiming to be blockchain-based are actually centralized, with some token blockchain elements. Finally, of course, we dove into LBRY itself and went over some hard questions on the platform's future and potential.

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k so basically they just switched the fiat bank not become fully crypto banked

just wanted to share all around,
when i saw February 2020 reupload....

Great interview - I really like lbry but would like to see an option to host content and earn their token (basically use spare storage to earn like filecoin) - it also helps the network as there is often issues with videos not playing.
Also would like an lbry/odysee approach for hive - ie. you can either use the web frontend or just access through the app - it would help with the free speech/censorship issues.

I hear they're working on incentivizing hosting.

I this the bank mentioned?

https://www.td.com/us/en/personal-banking/

Yes that's the one.