Dan Romero
@dwr.eth
> when everything becomes a token, nothing has value Pre-internet generating public content was hard / expensive. And thus we had a finite supply. The median internet post is worthless. There is an infinite supply of them. Some posts are valuable, though. And in aggregate, all internet posts are far more valuable than pre-internet content. The valuable companies surface and distribute the most valuable posts through feeds, i.e. concentrating attention. The issue has been until recently, tokens were relatively hard to create, so there was a limited supply. As that's gotten 10x easier (and will continue to get easier), we haven't really adapted both the tools and norms around it. At the limit, there will be an infinite supply of tokens. Most will be worthless. And some will be valuable.
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basil (recession arc)
@itsbasil
tokenization inevitably, yes better systems? pls
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krel
@krel
> At the limit, there will be an infinite supply of tokens. Most will be worthless. And some will be valuable. I agree with this. What Im not sure about is why this is different from eg buying lottery tickets, and why we hail it as 'something very good' or something to hang cryptos future on. To me it seems neither bad or good. It just is a thing that exists. But its hard for me to grasp why we want to drive the masses to buy lottery tickets, or why we even think thats something the majority will care for?
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Ashwinikumar
@ashwini
One of the best ways to put it. "At the limit, there will be an infinite supply of tokens. Most will be worthless. And some will be valuable." Worth and value will still be subjective forever.
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EdisonChen不是陈冠希
@edisonchen
So how should we value a piece of content? Is it based on whether it is an interesting idea or who published it? Is it based on the quality of the content itself or who has complied with the rules of the information distribution platform?
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depressivehacks
@depressivehacks
I think search results are a good analogy. We have gotten better about creating tools that navigate an endless amount of information online to deliver relevant results. In a world of infinite tokens, such tools will be necessary if you ever want to arrive at the destination you envision.
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Koolkheart
@koolkheart.eth
Interesting take, but I think tokens might evolve to reflect more than just scarcity. New models might emerge where tokens represent a deeper connection, ownership, or value that can’t be easily replicated. Still, it’s a fine line
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Genius Creative
@geniuscreative
Value lies in scarcity or uniqueness
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