I believe all of these things simultaneously:

1. Expanding the set of ways for people to earn online is good (and 
@zora is playing a role in this)

2. Earning on platforms like Zora is not an apples-to-apples comparison with Instagram payouts. It's an actively bad comparison when reasoning about second-order effects. The top of funnel source of funds is entirely different (businesses looking to convert customers on Insta vs. retail consumers on Zora)

3. The business model for tokenized content is still immature. It took attention platforms years of iteration to hone ads-based business models, and years more to start sharing with the people creating content. It'll likely take many iterations to figure out sustainable models for tokenized content (i.e. it can't just be retail speculating), but accelerating the timeline for sharing earnings with creators is good

You should be following @alanadlevin 

She’s batting 1000 when it comes to good takes

Investing @variant, writing at https://backoftheenvelope.substack.com/

friendly neighborhood shitcaster // working on @pinetree

At what point does immaturity of the industry cease to be an excuse? 

50 years from now? 100?

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

This is the million dollar question

On the pro side, we're speed running 1000 years of finance in decades

On the con side, we're making all the same mistakes but compressed into decades

writer, explorer. wandering through life.

2035 will be so vastly different from 2025 you'll barely recognize yourself much less others. I wouldn't count on coins, NFTs, or any of this to be of the same or similar relevance

It always starts skeuomorphic, but the hope is that the weird and useful stuff emerges in the next decade

If the year is 2035 and we’re still only hyper gambling on low liquidity coins with a picture attached, I’ll have given up on this industry

> on the con side...

this is because our imagination for new systems is limited to "replicate, but better"

across the past 4 years I have yet to see a take from anyone or systems built truly imaginitive that goes beyond this

took us quite a while from email and the web to and youtube minting millionaires

we’re moving faster in some ways (human tools are ecological) but the same span of time feels like a reasonable yard stick. if for no other reason than the nature of human lifespans