•  Daniel   ( @hai@lemmy.ml ) 
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    10 months ago

    TL;DR: The article claims that the Brave web browser is bad and should not be used.

    The author points out that Brendan Eich, the creator of JavaScript, co-founder (and ex-CEO) of Mozilla, and founder of Brave, donated 1,000 USD in support of a proposition to ban same-sex marriage. Along with making the claim that Brave’s goal is not to act as an ad-blocker, but instead to build and grow their own advertisement network, and he also believes that the network has several flaws:

    • Brave Ads paysout in a form of cryptocurrency, called BAT (🦇).
    • As BAT is a cryptocurrency there is high volatility.
    • BAT can not be redeemed for fiat (“actual”) money directly from within the Brave Wallet.
    • The author also believes that “it [the network] has largely failed” but that it “has generated a lot of revenue for Brave,” via the ICO (Initial Coin Offering; IPO for crypto).

    In addition to these key points the author also:

    • Claims that Brave prompted FTX, before the scandal.
    • Cites the The Brave Marketer Podcast where ex-CMO of Crypto.com Steven Kalifowitz shares an ambitious goal of being a “‘brand like Coke and Netflix.’” The author then mentions that:
      • In 2023 there was a report from The Financial Times that Crypto.com traded against their customers.
      • In 2022 the company try to hide the severity of its layoffs.
    • Mentions Brave’s integration with Gemini, and how the crypto exchange is under investigation for lying about FDIC insurance.
    • Mentions a partnership with the the 3XP Web3 Gaming Expo where they sponsored the Esports Arena and rewarded contestants with the BAT token.
    • Claims that Brave added affiliate/referral codes to URLs, such as “binance.us.”

    Finally, the author lists Firefox and Vivaldi as alternatives to Brave, and ends the article with “Brave Browser is irredeemable, and you should not use it under any circumstances.”

    I am human, please let me know if I’ve made a mistake.

    Edit: Fixed bat emoji and typo.