RE: Centralized versus Decentralized Social Media Platforms
Thanks for taking the time to write this article, which is very explanatory, as usual. It is good to get to know a bit more about the economy that drives Steemit, centralised/decentralised attention based systems and how I am invested in that.
A question - Have you written before in the way bots add to this economy? Is the use of bots a bit of a false attention based economy itself? I say, because largely, very meaningful interaction appears to be few and far between on this decentralised network, but I observe lots of bots, delegation of power (I am still to learn about this and how to get my rep up) with lots of bots at work. The difference for me is that on more centralised networks this interaction is much higher between individuals (but then I understand this is due to numbers and them being already VERY well established). Are we to expect that when bitcoin increases and the price of Steem, more meaningful posts, activity and discussion will pick up again, because it is worth their time? Sorry if this is a quite that is a bit off topic. Also, what book are you writing? Best of luck in your endeavours.
- It's a book about money
- As for the bots, I don't see them as inherently bad. It's a way to speed up the valuation process, with "automated delegation". But they are the very beginning and it's normal to have more glitches than benefits.