I've already rambled way too long so I won't continue my analysis to this effect, but I would be remiss if I didn't mention it at all. At the end of the day WEB2 simply cannot compete with WEB3, and it is only a matter of time before WEB3 has the open-source cloneable infrastructure and templates to stomp WEB2 into the mud where it belongs.
This post was hardly a ramble. The intricacies of this topic make extensive explaining as inevitable as the switch from WEB2 to WEB3 currently looks.
The cloneable infrastructure raises another concern for Hive.
What's to stop big tech from simply cloning our infrastructure and onboarding the masses to their copycat blockchain(s)? Nothing as far as I can see, and can Hive really compete with this level of power introducing itself as something new to the masses, which they will surely believe and most will not have the capacity to comprehend how the system works or question anything critically enough to come over here and support this network for being first in line.
It's kind of a depressing thought.
Please tell me I'm missing something here with the logic, it would make me feel better.
Great post, it's a really important topic on so many levels.
It's not really a great post and it sucks beyond any scope of reality. The number one point that sticks out is if they were to go there than let's find a way to first cancel the multiple avatars of accounts who make up their own comment base for profit. You want to talk about bad actors lets start there. If people can monetize their own accounts for their own benefit that works against any new paying on boarders, I mean really why would you want to give your own money away when you can have it to yourself. It's not the way the system is suppose to be set up to work but that's the way it works. Ain't nobody coming over here to pay to read comments, why should they they can go to a million other places and read them for free. Anyway I could go on forever ranting on about this place so I'll just cut to the original chase of it all....
That being that granting the power to control API is a forward mechanism of censorship. We ain't heard form the blogger out of France since Macron put out a call to shut down social media because he said it was instigating the situation. That's why Musk called it a "temporary" move. But you don't think FB hasn't been doing this for quite some time, for so long now that they can go into the sites here and shut down access to the pages giving out data on what's taking place in real time in your community. There's a reason they encrypted police scanners and they don't want anyone finding ways around that by actively putting out calls, posting data, having individuals post what's taking place while it's actually happening. What Macron was worried about was the data scraping that actually was inflaming the situation as people used it for their own agenda, regardless if they were getting paid or making money off it which the vast majority of well known accounts probably were and lesser know not. You are behind the curve ball. I highly suspect the Microsoft AI is already interviewing with the google browser using API attacks. I can switch browsers and have no problem once I do, which I rarely do because why let them win. It's a headache none the less.
One other point of contention, you don't need a credit card, a debit card works just as well you or they just run it as a credit instead of as a debit. You just fill in the debit card numbers and wella you're off and running.
I really do try and stay out of the fray of the shit that goes on here but I surely couldn't help myself this time, I am still laughing. Bad actors....hahahahahahahahahahhahahahahahhahahahahha, I'll probably wake up laughing.
By not addressing the main topic I have to assume you don't understand it.
All bandwidth costs money.
Every resource costs money.
The only question is who pays for it.
Someone paid money so that you could read my post.
You paid resources to make this comment.
I find it comically ironic that someone like you would run around talking about how "communism" and "socialism" is fucking stupid and could never work yet you are running around the Internet on other people's dime acting like this is the only way business can be done.
Do you pay your Internet Service Provider $x per month for "infinite" service? Same thing. Enjoy it while it lasts because that's not a viable business model for decentralized architecture.
So tell me, how much did you pay to post this comment?
Is the answer that you have no fucking idea and you don't care?
Hm! Interesting! Please tell me more about how such a model could never work.
Directly on a platform in which it is already working.
I am not so naivete as to believe that something comes for free, the running of the nodes comes out of the rewards pools before distribution of the rewards. They get some percentage, can't recall right off what the amount was. If I remember correctly there was a post a month or so ago about it paying out 14,000 a month, maybe it was a week, who knows but it was a lot. The point is you have to create a demand for a product before you can profit off that product. If there's no demand it's a dud. Twitter was built to create a demand that could profit off advertising revenue, that was Jack's goal and he achieve it and became a billionaire. So why should people whose participation on twitter have to pay for making someone a multi billionaire? Just like why should people have to pay to make whales richer while people struggle to even get a foot hold on here with pennies being pitched at them. Most people don't live in Nigeria you know. This is totally different than a concept built on selling a product to people, yes that product still has to be able to create a demand for it but people know the difference between buying a product vs participating for free to create profit for someone. Totally two different concepts, both hedged by those with the money or those willing to invest the monies to build a product that one either sells or offers free participation that enables them to make money off that participation to enrich themselves. Elon's problems comes from within and the changes necessary to complete the tracking and censorship of over five million tweets a day. In other words he's building a whole new infrastructure that most experts has thus far claimed is impossible. So now the end game has changed and it's not one's free participation to make me billions but Musk charging to build an infrastructure that he will use against those who are freely participating. The goal is to be able to track any tweet anywhere in the world within five minutes. You want to pay for that because he's fooled people into believing it's just a sensible business model...if yes than you really need to get out more.