OpenAI gets to train models on Reddit users' data. Who benefits? Not the users. Reddit stockholders do.
Why would web3 people still use Reddit instead of platforms where users get rewarded for the the value they provide?
Owning culture is often understood, in Web3, as managing private keys.
Is that really it?
Culture means more. Its mean connecting with systems of meanings other than those centered around private keys.
Like this, for example: owning culture via private keys means owning being free!
Value and price are not the same, although they are frequently used interchangeably lately. A view derived from Eugene Fama suggests prices reflect the amount of money for which an asset is bought/sold, while value is derived from an asset's intrinsic value.
Open social network data are about more than interoperability and porting data.
They should reveal actionable insights into when & how to change and leverage one's network structure: what ties to break, make, and activate.
Academics collected networks data now free--missing has been what we *do* with that data 24/7.
A friend asked: when to buy and sell? My answer:
1. Lifestyle preservation. Sell staking rewards, take profits on winners--lifestyle is first.
2. Wealth preservation. I don't sell BTC / ETH bc what's better to hold--fiat? No.
3. Wealth accumulation. Invest early-stage for long-, alts for short-term asymmetric rewards
"It is a profoundly erroneous truism [...] that we should cultivate the habit of thinking what we are doing. The precise opposite is the case. Civilization advances by extending the number of important operations which we can perform without thinking about them.” - Alfred North Whitehead
