coins

try to argue against content coins from first principles.

if a video on tiktok has millions of views, it has value.

why should a single platform control that value?
why shouldn't that value be explicit?
why shouldn't the creator benefit from that value?

seems good to me.

Don’t think coining content is bad and i love the experimentation but here’s a steel man argument:

1. Not all value is capturable or should be

2. Tokenizing content could kill what’s makes the content valuable - memes benefit from remixing, free sharing and virality 

3. Tokens can misalign incentives - do we end up with most content coins being predominantly digital spam, scams and engagement hacks 

All of these seem like valid criticisms.  I don’t think attention and culture  should always be monetized.

Not all value is ownable

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

Great feedback!

Could you say more about #2?

And for #3, if it's spam or scams, do you think those would actually gain momentum?

One maybe related note on #3 I've been thinking about: most of the top writers on Substack aren't necessarily the best writers, but they are usually very good at marketing & growth.