What If Centralized Social Media Will Disappear Tomorrow?

in LeoFinance2 years ago

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Just imagine. No Facebook. No Youtube. No Twitter. No Instagram. Nothing.

Just decentralized platforms, like Hive, 3speak or distrikt.

Suddenly, hundreds of thousands of influencers will be jobless. A huge amount of reputation will vanish.

Advertisers will face an unusual problem: nearly infinite budgets available, but not place to spend them.

Mental health will see a sharp increase: depression will basically disappear, people will start going out and smile at each other, just like they used to.

No fake news. No fact checkers. No rage, no hatred.

Just people sharing their thoughts and the decentralized economies pushing or pulling their posts from the collective hotspot, based on genuine attention.

Those who are good at writing, or fast at seeing trends, will suddenly be promoted by a transparent and collective accumulation of tokens. No more vanity metrics, just real tokens. If you're good, you just make money. No need to compete for keywords anymore.

Of course, in the beginning, there will be a lot of chaos. Some will spam, some will spread lies, some will be aggressive. But then again, the instant translation of attention into tokens will marginalize their posts automatically. Some will maybe try to pump those posts, because, you know, hidden agendas, and politics, and stuff. For a while, these posts may float, pushed by these spendings. But in a decentralized economy the value equalizes much faster. Eventually, they will fade out, because no one will actually read them.

The content will be cleaner, and this will snowball into a cleaner society.

Less prone to confusion, less aggressive, less polarized.

Sounds nice, right?

Of course, this may never happen. Our current, corrupted world may be so inertial that these crazy guys trying to build decentralized platforms will eventually be eaten alive by the Facebook, YouTube, Twitter and Instagram overlords.

But one can dream, right? As long as once can dream about it, there's still a chance that it may happen.

Photo by Luca Bravo on Unsplash

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It was funny when FB went down for a while last year. Some people had no way to contact certain friends. You should always have more than one channel of communications.

It is easy to get sucked into these things. You can keep scrolling the feed for more 'hits'. I try to take breaks from online, but I am on a lot anyway. I don't let it stress me out.

A dream that might not happen tomorrow, but which can in the future. Centralized entities either evolve and transform or they die.

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Cool thought experiment! I think it will seriously disrupt the decentralized platform for a little while. Perhaps the big players with the big bags of cash will buy large shares of stake which gives them power?

If only we could test and see in an experimental universe!

Just imagine. No Facebook. No Youtube. No Twitter. No Instagram. Nothing

We will all be on hive 🙂

Just a dream I wish could happen but the centralized overlords would do anything in their power it never happen.

Maybe we could see a world where decentralized and centralized social platforms co-exist with decentralized ones gradually eat up the centralized ones...

Perhaps that's a possibility .

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Dear @dragosroua, In the East Asian world I live in now, an almighty state already censors and dominates all media, publications and broadcasts. The state is turning people into obedient slaves. So, I am watching news from abroad through blockchain and social media.

Sounds Amazing, but it is a dream.

It will not be easy. If there's no Facebook,many things like bank robbery will increase.

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I hope it won't happen, of course! :D

Also, I dream of a peaceful co-existence of HIVE and other blockchains with centralized social media websites! Namaste! 🙏