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balajis's profile
Balaji Srinivasan
Balaji Srinivasan
Balaji Srinivasan
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@balajis

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Balaji SrinivasanVerified account

@balajis

Immutable money, infinite frontier, eternal life. #Bitcoin

The Internet
balajis.com
Joined November 2013

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    1. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

      Balaji Srinivasan Retweeted Eric Newcomer

      For years you hunted people for profit. Getting people fired, bankrupting companies, ruining careers, anything for clicks. So: if the penalty for just-a-joke is getting fired, what’s the penalty for just-the-flu?https://twitter.com/EricNewcomer/status/1243584458135162882 …

      Balaji Srinivasan added,

      Eric NewcomerVerified account @EricNewcomer
      Replying to @azazo
      yes totally agree. and that's why there's so much defensiveness from the press. but I think it's just a better posture to admit that the media like everyone else is fallible.
      25 replies 246 retweets 1,328 likes
      Show this thread
    2. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

      “Everyone is fallible” certainly wasn’t the governing philosophy. If there’s one silver lining to this disaster, all can see that corporate media operations are not self-correcting enterprises. We need to build a new decentralized media, staffed by citizen journalists.

      22 replies 110 retweets 682 likes
      Show this thread
    3. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

      Principles of decentralized media 1) Build your own distribution to avoid distortion. 2) Every company a media company. After content marketing comes full-stack narrative. 3) Don’t casually give information to your competitors. And media corporations are your competitors.

      10 replies 67 retweets 437 likes
      Show this thread
    4. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

      4) You are an expert in something. You have a responsibility as a citizen to do citizen journalism, to share that with the world 5) The media should not be “guardians of democracy” nor “enemies of the people”. Neither guardian nor enemy, just the people. All citizen journalists.

      7 replies 94 retweets 489 likes
      Show this thread
    5. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

      The founding fathers’ concern over a standing military is that it was separate from the people. A praetorian class with special powers & temptation. A standing media is similar. The solution to both is citizen involvement. If you don’t do journalism, someone will do it to you.

      16 replies 88 retweets 513 likes
      Show this thread
      Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

      By the way, the answer is NOT to found a typical new media company. The reason is that Vice, Vox, BuzzFeed all found themselves pulled into the same culturally centralized Brooklyn media circle. Different companies, same people, same social network. Need to decentralize.

      5:29 PM - 29 Mar 2020
      • 52 Retweets
      • 406 Likes
      • 🛖➡️🏛 GIMME SHELTER MitchWayne Grzegorz Brzęczyszczykiewicz 🤷🏻‍♀️ Mike Bechtel Bak Ashraful David McCoy Derek Ryan Duffy
      7 replies 52 retweets 406 likes
        1. New conversation
        2. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

          Rather than having one corporate journalist paid $100,000 per year, we want 100 citizen journalists earning $1000 per year for sharing their expertise. Twitter was v1 and Substack is v2 of this. We’re moving towards individual citizen journalists, away from media corporations.

          50 replies 75 retweets 561 likes
          Show this thread
        3. Balaji Srinivasan‏Verified account @balajis 29 Mar 2020

          By the way, the Substack model incentivizes writers to differentiate rather than all repeat the same thing. That’s good for original writers and bad for centralized narratives. Individual monetization, distribution, reputation, content: that’s how we decentralize media.

          22 replies 42 retweets 416 likes
          Show this thread
        4. End of conversation
        1. David Mondrus‏ @mongoosenewyork 29 Mar 2020
          Replying to @balajis

          OSINT, citizen journalism doesn't work without citizen verification. That is @Trive_News

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Ethan Bond  🇺🇸 🔰‏ @circulinear 29 Mar 2020
          Replying to @balajis

          Hmm, the reason that all of these companies publish garbage is ironically because of Silicon Valley’s grandest contribution to the world in recent years: attention as the web’s currency.

          1 reply 0 retweets 6 likes
        3. Farooq Butt‏ @fmbutt 29 Mar 2020
          Replying to @circulinear @balajis

          Bingo. The decline of big media was greatly accelerated by disrupting subscription-based media in favor of ad-supported models. In an ad-supported world, the more lurid & crazy the story, the richer you get so that's what we're getting: lurid and crazy. Thank you SV!

          0 replies 0 retweets 8 likes
        4. End of conversation
        1. fil‏ @fzembow 29 Mar 2020
          Replying to @balajis

          Replace “media” with “venture capital” and “Brooklyn” with “Bay Area” and you have the same problem

          0 replies 0 retweets 2 likes
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        1. H. P. Ramsay‏ @svtsleds 29 Mar 2020
          Replying to @balajis @JackPosobiec

          #RadioFreeAmerica

          0 replies 0 retweets 0 likes
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        1. tomvdb.eth‏ @tomvdb 29 Mar 2020
          Replying to @balajis

          I think another to decentralize is mobile connectivity, now that governments are openly coopting mobile networks for real time location tracking.

          0 replies 0 retweets 0 likes
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