Post-Napster, people shared lists of 3rd party “OpenNap” servers which played the role Napster’s central server used to. This curation of independently run search indexes was the manual equivalent of the hybrid network topology backing Limewire, Kazaa, and eDonkey.
If you buy the "fat protocol" argument then you might view tokens as an incentive to build a system like this. Why would I spend years building this with BTC? Tokens also make it easier to experiment early on at low cost + fork your own system if you screw up
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I also question whether it is actually simpler to build this with BTC. You could get most benefits I talk about in the article even if you couldn't cash out the token. I'm curious your take on the flip side of the question. Why use BTC instead of a token?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Who cares what's convenient for you? Even if we naively assume it's easier to build it on something else, the only thing that matters is the consumer. Who wants to use an even less stable and supported single purpose token instead of just actual money if both are available?
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The creator cares what is convenient. It matters a lot The whole idea here is that users don't have to know a token is under the hood unless they want to use it The ability to experiment+fork in the early period of building is a huge difference. Million dollar difference, maybe
End of conversation
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