Crypto is and always has been a joke. It also doesn’t work that much like the fediverse, which is basically a webring where the sites like to copy each other. TBH I’m looking forward to the webring host Lemmy instance drama and people being kicked from the webring defederated.
So easy that I didn’t even know they purged anything.
Hell I remember when my favorite shady rom site stopped serving Nintendo roms because of legal threats, and I was sad for five minutes until I clicked on the web ring links to a different shady rom site.