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.

@stigatle@yarn.stigatle.no Very few people profit from crypto.

Sometimes I can’t help but wonder what kind of ponzi scheme these crypto ambassadors are running.
I get the feeling that one day they’ll come out and admit they got paid x amount to use these blockchain social networks and bring in more people.

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.