I’m curious. How many people truly believe blockchain social networks are the future?

NFTs, tokens, monetization, revenue…

I’m sorry, but how are your random social media blabbers worth any money?
Unless you’re Shakespeare or Einstein or some philosophical or scientific genius, I don’t see why anyone would want to read your posts, let alone cash out some “crypto” from some “wallet”.

And that applies to most people. Sure, your lifestyle and your thoughts may be interesting. But who’s going to start paying to view what’s going on in your life?

As if likes, upvotes, hearts, and subscriptions weren’t narcissistic enough, let’s make people think someone wants to pay them with crypto to view their random posts online.

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@rrraksamam@twtxt.net I honestly dislike web3 platforms, and especially blockchain social media.
It’s just filled with people trying to make a dollar. That is always the focus on those blockchain based social media sites. I like what I can host my self, no money or tokens \ crypto involved etc.
Tried nostr for a while, but I cannot get into that either. Only reason it’s popular is because of jack (that’s just my opinion), and they are always pushing bitcoin lightning network there - and I get tired of that pretty fast.

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Hmmm… That’s a pretty sensitive topic here, so I don’t know if you want to read different ideas… And we could write a whole book, but for the sake of intellectual discussion, let’s throw some points here.

Disclaimer: I briefly worked for a small crypto company in 2021 on the controversial Pay-to-win model using Enjin, Ethereum, and such. I received payments on crypto and paid people in other countries, being cheaper and easier than national services. I don’t think I’m a crypto-bro, and I don’t want to work in that area anymore.

I don’t like to say “everything X is evil” or “everything Y is good”, based on beliefs, ideology, and tech-religion. But people need those. Even I need something to believe in. Decentralization is my current value.
I think that’s the radical point of Crypto vs Not-Crypto.
“You are with us, or against us.”

As a technology, blockchain is, IMO, an amazing tool for decentralization, excuse the comparison, similar to BitTorrent. Proof of Work is problematic and it’s showing that when many people use it, it’s an environmental disaster.

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I dislike many things about Web3 (not to be confused with Web 3.0). Decentralization is not one of the reasons, but the interests behind since they are not sustainable, in my opinion.

To know why I dislike it, I had to use it.
Briefly used https://3speak.tv since a few Latin ‘YouTubers’ I followed, said they were migrating to those platforms as they were earning more than the benefits from Ad impressions and Subscriptions, with less effort. They were receiving ‘likes’ more like a tips model. “I like your content, create more, take a dollar”.
All my content on YouTube is for free, so sincerely don’t know if that’s true, or if it was for a short period of time, but may be right.

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@rrraksamam@twtxt.net I for one see no value whatsoever in any blockchain(s), especially when it comes to “social media”. One of the biggest problems I have with blockchain(s) + social is that it forces you into a “distributed network” rather than a “decentralised ecosystem”.

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