Only important question to ask about a social network: WHO PAYS FOR IT? And are their interests aligned with yours? 6/
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Replying to @Meaningness
A closed network, for a topical discussion group, or an organization's internal medium, has limited users, and high value. 7/
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Replying to @Meaningness
A closed social network is relatively inexpensive to run, and has high value to a specific group of users, who will pay for it. 8/
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Replying to @Meaningness
For closed networks, the users pay a service provider, whose interest is to make the users happy. This can work. It's Slack's model, e.g. 9/
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Replying to @Meaningness
But I want to be able to talk to anyone in the world, about anything. Twitter lets me do that. Who pays for it? I don't. 10/
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Replying to @Meaningness
All successful open-access social networks are paid for by advertisers. The network runs for their benefit, not yours and mine. 11/
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Replying to @Meaningness
*Most of the internet* is paid for by advertisers—which is rapidly eroding our society, culture, and selves. It's an epic disaster. 12/
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Replying to @Meaningness @cryptocoinage
Nothing to worry about in the post-Satoshi era
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Replying to @robviglione @cryptocoinage
I hope so! We are not out of the woods yet :)
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Replying to @Meaningness @cryptocoinage
Agreed, but the box of pandora is open
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Agreed :) Making this work is still a major technical and business-model challenge. Much opportunity!
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Replying to @Meaningness @cryptocoinage
Absolutely! It's hard to sleep these days :)
0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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