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Well that didn’t take long. Culture war makes proper landfall in Web3. cw: the old cartoons by the artist that surfaced are pretty disturbing.
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The Lord of the Rings star is a committed collector of NFT art, and the work he posted about — a golden bust of a zombie — seemed innocuous enough. The zombie bust was by George Trosley, a 74-year-old artist who had previously published racist cartoons. inputmag.com/culture/elijah
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Given the pretty direct financial exposures, with no intermediaries to take the heat/fall/blame… when you get canceled in Web3, you get canceled in real life. Something to think about. While well-deserved in this case, it might not be in future cases.
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There’s no due process or editorial protection barrier. The exposures are as direct as the stock market, but unlike the stock market, this is pure social-proof based. Being a contrarian based on a different reading of fundamentals won’t help. The ground truth IS social here.