In one of my favorite essay's on the subject, pseudonymous crypto researcher Hasu states, "The bitcoin token itself has no value. The value exists purely on the social layer." While blockchain technology adds credibility through programming and automation, the social layer determines the rules of bitcoin the blockchain, which ultimately gives bitco... See more
3. Creator-friendly business models: Offering more direct monetization models (where users pay creators) can encourage creators to align their content with what end users value, versus creating content that maximizes watch time or virality.
While social platforms are proving effective at pressure testing and gauging the customer response for new ideas, sometimes the general public isn’t the best curator for what’s next. It’s not just about the critical mass (how many people like something), it’s also about the credible mass ( who likes something). As algorithms mature, I suspect socia... See more