Ur gonna hate what I say next but it is the solution to all the trust issues. Monero. U can use the transaction on the blockchain to verify payments, reviews, etc.
I would suppose the instance gets a 1% cut of products sold on its platform incentivising it to be better than the other instances. U solve the adding fake reviews thing by a review requiring a transaction on the xmr blockchain u can solve the removing issue since anyone can prove that a review was removed in bad faith (obviously u want to retain the right to remove reviews with people saying awful shit).
Since everything is federated u can design it so there is 0 cost to using a different instance hence an instance acting in bad faith will lose its 1% cut and thus gives it a strong incentive to behave.
If u wanna get real creative u could do a system of federated logistics where u track items with cryptographic signatures. Each logistics actor signs for the product from the previous logistics actor until the original customer recieves the product at which point funds are released to vendor and delivery. This system would allow package tracking through a decentralised logistics systems (can assign fault for loss to the actor at fault) can allow actors to specialise for a location/route and take advantage of economies of scale.
I think keep it donation based. Perhaps do a Lemmy gold where u can donate to boost a comment/post and said donation is split between content creator community instance etc.
That's quite a popular theory that the banks and even perhaps the us government itself played a part in promoting the crypto scams and nft bullshit simply to poison the idea of crypto for the masses.
Please do look into it if u got any questions dont be afraid to ask !monero@monero.town
Climate impact of monero is significantly less per transaction than any fiat. Their are no physical banks with employees and buildings and travel and transport and minting etc etc etc. Monero is the only truly private currencies all others have every transaction tracked.
Most crypto markets yes they are manipulated because their value is purely speculative and not tied to physical goods. Xmr is used extensively across the dark web tiring it to real world goods stabilising its value.
U think the government or a bank should have the right to just freeze ur money whenever they want or feel like it? U want ur entire purchase history being sold to databrokers who will use it to profile you so they can sell u crap and up ur insurance rates to the maximum point possible.
If u looked at my profile u would have noticed an Aussie flag so ur american argument doesn't work.
U still haven't found a metric by which xmr is worse.
Wow look at u go. Following me around the fediverse spouting off with ur hate. U support ur right to do with ur own body whatever the fuck u want. Please explain how that is in any way bigoted?
Monero does a couple things that no other currency can do.
It cannot be manipulated like fiat as its decentralised
It cannot be frozen owning means u own it
Ur payments are anonymous so ur purchases are not being mined by privacy invasive data brokers and insurance agencies
Transaction fees are a fraction of a all existing currency cos free market
No other crypto or fiat can do this. It is objectively the best currency by all metrics. I challenge you to find one metric by which it is not objectively better (except its not widely used by normies).
Right next to their iq