Back to the Future of Twitter
stratechery.com
stratechery.com
You could build the ultimate DeFi/Sci/Anything on this. If Twitter does it, there's no particular reason to go blockchain, but if they did it would solve the identity problem in a big way.
The only way you can have both censorship free content, but also various levels of moderation as selected by entrepreneurs or users, is to have permanent records of everything but then build filters on top of it. Of course you’d have to be ok with the blockchain storing everything from child porn to gore to spam potentially.
What many people also miss is that teams or entrepreneurs are needed to create good user facing products. Linux is good for B2B but will never be able to compete with apple for end users, because distributed development just doesn’t work for that. So for any social network you need a team or an entrepreneur too. What Ben is talking about is that, competing apps built for the Twitter protocol.
I run a small social network and I’ve had quite a few disagreements about blockchain based networks, they can’t work by themselves.
You are talking about Bitcoin or cryptocurrencies, I’m talking about something completely different.
But thanks for your contribution.