Content
@
https://warpcast.com/~/channel/impact
0 reply
0 recast
0 reaction
Mike | Abundance 🌟
@abundance
decentralized social networks are a fundamental building block to a decentralized economy. Why? because decentralized systems don't work without a reputation layer. Right now Amazon is telling you the reputation of sellers. So does Uber, Airbnb, etc for their service providers. And the same is true for every centralized platform out there, from Apple to X. But the interests of these centralized platforms don't align with our interests. They want to extract value from customers & service providers thru market dominance — they are building techno-feudalism. Amazon is not a "free market" for products, and X is not a free market for information. So if we want a vast ecosystem of decentralized markets and protocols to replace our feudal overlords, and if we want to give power back to people, we need to start with a robust decentralized social network. I had high hopes that Farcaster would be that network, but seems the Merkle team is more interested in building an X clone w a wallet.
2 replies
1 recast
17 reactions
Lit McCarthy
@liturgy
can you tell me more about your views re. the direction the Merkle team is taking Farcaster that you think is not ideal, Im pretty new to the platform and don't know much of the back story. cheers
0 reply
0 recast
1 reaction
