• 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.
  • stonerboner@lemmynsfw.com
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    4 months ago

    Probably because the overwhelming majority of people see crypto as a scam, and the market share for its use is trivial and better facilitated by actual currency. As well, it’s extremely volatile and the flagship coin recently halfed itself. It’s probably one of the worst things a company can accept in exchange for goods or services.

    • XeroxCool@lemmy.world
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      4 months ago

      Do you know what halving means? It’s not a stock split and it’s not a value halving.

      • stonerboner@lemmynsfw.com
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        4 months ago

        Ah, so the people creating essentially get paid half for the same amount of work. That’s WAY better lol. Yeah, I’m not super into knowing so much about faux currency. I tend to deal with the real kind. So please pardon my mistake 🙏

          • stonerboner@lemmynsfw.com
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            4 months ago

            Oh, are you talking about the insanely high non-renewable energy used to mine coin and distribute, which is way beyond even AI?

            Because I think it’s pretty evident that the coin halving heavily impacts our environment as it now takes twice as much energy to create the same value.

            Actually giving a shit about the Earth 101 for ya.

    • null@slrpnk.net
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      4 months ago

      the flagship coin recently halfed itself

      Why mention something you don’t understand at all?

      • stonerboner@lemmynsfw.com
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        4 months ago

        What, you mean I read a headline and repeated it in the wrong context? Damnit. I totally should have wasted 20 minutes reading further about a faux currency that I can’t even buy groceries with

        • null@slrpnk.net
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          4 months ago

          Nah, way better to just spout off misinformation about things you won’t even take 20 mins to educate yourself about.

    • Ghostface@lemmy.world
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      4 months ago

      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

      • stonerboner@lemmynsfw.com
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        4 months ago

        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.

        • null@slrpnk.net
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          4 months ago

          Admits to not even spending 20 minutes to try understanding it

          iTs A sCaM