Mark Fishman

- gives ownership to users, incentivizes them to stay and invest moreCons of “social tokens”- puts pressure on creators to continue delivering value for token holders (akin to an “early IPO”)

We should learn from alcohol, which is studied, labeled, taxed, and restricted. Similar strictures would discourage social-media abuse among teenagers. We should continue to study exactly how and for whom these apps are psychologically ruinous and respond directly to the consensus reached by that research.

If we take a step back for a second, the idea that if a political movement garners mass support, it can’t possibly be extremism, incompatible with democratic self-government, or beyond the pale in a broader cultural and societal sense is utterly implausible and historically illiterate

“The reality is that tech companies have been using automated tools to moderate content for a really long time and while it’s touted as this sophisticated machine learning, it’s often just a list of words they think are problematic,” said Ángel Díaz, a lecturer at the UCLA School of Law who studies technology and racial discrimination.

If all the uses of GST help you earn more GST, they’re headed for disaster. But once you can spend GST to enhance your status in ways that don’t allow you to earn more, they might just make it.