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balajis
@balajis.eth
The underlying phenomenon here is that the Internet is becoming the global commons. Even as countries go nationalist and socialist, the Internet represents global capitalism and global democracy. Because anyone can trade with anyone, and anyone can upvote anyone. Increasing the size of this common market is the rational thing to do from a capitalist standpoint and the ethical thing to do from a democratic standpoint. All nodes are equal, on the Internet. They can now choose their own monetary policy, contract law, identity, and dispute resolution. And they are treated equally under rule-of-code. That’s what a peer-to-peer network means.
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ZAHED
@0xzahed.eth
You're absolutely right, and I think these concepts can be reflected in a social network like Farcaster, because it’s a complete package of Web3 within itself.
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