social capital is highly correlated to financial capital

the people for whom verification is important will pay $240/yr without thinking about it 

Is being verified on twitter worth 2x the price of Netflix? imo, absolutely, and it’s even worth way more than that

There’s no way it matters that much. Unless you have a bunch of impersonators and you’re trying to sell something through twitter??

onchain money clubs @madfiprotocol // $bonsai summoner 🌳

I think you’re underestimating how much status it confers 

Even if you view it as a cosmetic, it’s the perception of being a legit user vs a “default skin”

stuff like that matters for first impressions, not to mention the extra features you get for being verified

How much status it did confer. Past tense. When I saw a verified mark I knew there was a substantial reason. Now I’ll know it’s because they paid $20. The differentiator is now gone.