Daniel Fernandes
@dfern.eth
I'm not worried about BlueSky defeating Farcaster. Why? Farcaster can fork & adopt ATProto faster than BlueSky can adopt a full Web3 cryptoeconomic stack. BSky users have private keys...which means they have (account abstraction) wallets ipso facto...meaning they are onchain whether they like it or not. Going the other way, every FID can be wrapped into a DID. Private keys are a one way street, once users have them, the sovereignty cannot be undone.
2 replies
1 recast
7 reactions
androidsixteen
@androidsixteen.eth
yet again, liquidity is the moat
1 reply
0 recast
2 reactions
Daniel Fernandes
@dfern.eth
💯 When the only currency of your social network is viewcount...Twitter will always win. Farcaster's currency is crypto.
0 reply
0 recast
0 reaction