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RE: Reason 342 to not trust centralized platforms

in #decentralization7 years ago (edited)

Advertisers are not giving them incentives. Most platforms are bound by fiduciary duties, which more often than not means the boardroom requires maximization strategy.

Twitter for example, particularly Jack, has stood up longest for freedom of speech. Pretty much until he couldn’t else anymore. He is after all an advisor of Stellar too.

I’m not saying these platforms aren’t wrong. I, with a steem related account — an account which had been in good standing for many years and was just restarted contentwise — have also been banned from Twitter. Overzealous mods enjoy the power, too often sadly enough.

But being publicly traded companies they are sort of obliged to. We first would have to change the focus and expectations of shareholders from maximizing to building the future.

Which would be ironic considering all the manipulation happening in this part of the internet we participate to.

A reputation system built on slightly more sophistication than Steem has now would be brilliant.

There’s one thing rather funny in the story of the account this post was contextually created on: it always happens to the same people. Funnily enough, that exact person is one of the biggest “oligarchs” in the world of crypto.

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a good exp is Alex Jones
Twitter was the last mainstream website to kick him out.
Jack tried but caved in and as such Twitter is a censorship hub.
Gab can try to be better but if it reaches Twitter size the same thing will happen
But no one can stop the blockchain 😛

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It was even Jack who overruled others at Twitter. Only because of Jack did Alex Jones stay on Twitter as long as he did.

But Jack could easily have said “Frak it, fire me if you really think that’s what needs to be done. I’m not banning. I have earned enough in last decade.” :D

😂
He sell it for bitcoin of course 😉

Posted using Partiko Android

He’s Stellar advisor. So he would definitely buy more XLM for Square. ;)

He also one for LN/major investor of it
he can do it for bitcoin and stellar lel

lol first time I see the tts bot do a comment :D

A glitch in the matrix.

Took me 357 gazillion years before they found me, now I have a stalker. LOL.