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> People will come for the free coins and nowhere to spend them, or will it cost coins to post or something? That's where the 1B in buy-orders backing the coin
by messe 5y ago
> People will come for the free coins and nowhere to spend them, or will it cost coins to post or something?
That's where the 1B in buy-orders backing the coin is meant to come in, allowing people to exchange those coins for real currency.
- withinboredom 5y agoThat's not a lot of money for the number of users twitter has and the number of tweets that exist.
- notwedtm 5y agoWhat if it was $20 billion? Maybe the idea is feasible if you go bigger? Still less than half of the current strategy of a hostile takeover.
- bastawhiz 5y agoThat billion dollars isn't going to last very long when folks start piping GPT-3 into the system for free coins
- mobiletoss1337 5y agoGPT-3 isn't free either. But neither is the GPT-3 to verify if the GPT-3 is GPT-3.
- nickysielicki 5y agoDo the mechanics of the Skinner Box really matter? If GPT-3 generates interesting popular content and posting it is profitable because it gets retweets and reactions, is it any worse than the content that comes from real people?
- geoffeg 5y agoSo instead of trying to limit the number of bots on this new social network, we'll encourage them!
- christopherwxyz 5y agoThe system isn’t immune to spam attacks.
- latchkey 5y agoPosting costs a variable amount of shitcoin (just like transaction fees on a blockchain).
- Barrin92 5y agookay and why am I not paying them in real currency to begin with if all I want to do is steal twitter users by paying them to come to my platform
- ickelbawd 5y agoBecause you need a number-go-up coin to allow for rampant speculation and to build hype. Then everyone that joins thinks they’re getting millions instead of nothing.