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kleinbl00  ·  686 days ago  ·  link  ·    ·  parent  ·  post: Twitter is funding a decentralized standard for social media.

My beef with your quadratic payments article is that there's a lot of hand-waving about how "value" in meatspace translates into "value" in the payments/voting universe. I think the unmentioned needs heavier weight than the mentioned in this case.

On the other hand, nobody buys anything from Oracle on Amazon yet they're the third largest software company in the world. Java is fundamentally necessary to run the world at this point. If I were Jack Dorsey I'd be thinking like Java. If you can monetize the protocol you can make the money without having to take the bullet for Russian botnets and nazi mass murderers. I mean, for four years now Twitter has been refusing to ban Donald Trump despite their guidelines because he's, like, the President.

That's an anvil you want to get out from under and even now the shadow is spreading.