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It will not work because there is no way for anyone to profit from it. That's the sad but inescapable reality of the internet today. The only way grassroot mov
by cryptica 7y ago
It will not work because there is no way for anyone to profit from it. That's the sad but inescapable reality of the internet today.
The only way grassroot movements can succeed is through engaging in mass collaborative corruption. Thankfully, cryptocurrencies have proven the effectiveness of this concept. You just need to invent a financial instrument which has no value initially but which can grow in value as it becomes more popular - This gives your financial instrument 'potential value' - This potential value allows your financial instrument to be used to 'bribe' journalists to hype up your product and convert its 'potential value' into 'actualized value'.
It is a bit like a pyramid scheme, but everything these days is a pyramid scheme. The only way to compete within the gigantic pyramid scheme that is our financial system is through other even more elaborate pyramid schemes.
More concretely, the reason this is necessary is because corporations are constantly 'bribing' journalists by holding ad revenue over their heads and restricting the kinds of things that they are allowed to write about; so it's essential for grassroot projects to have a mechanism in place which can counteract such market forces which intentionally limit the visibility of new 'unproven' products.
- aklemm 7y agoThere's some truth in this, but you extrapolate too far. 1) UX is a bigger problem than the lack of financial incentives in the system though the two are related somewhat 2) There are audiences in these ecosystems, and I think monetization will find it's way in appropriately somehow. It's not impossible, by my estimation.