Luis Cuende

@luisc

54 Following

52 Followers

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I deleted my Facebook in 2017, thinking that a decentralized alternative was just months away. 5 years later, we are finally getting there, although alternatives are going after the birdie and not the social media behemoth. Why?

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Wow, haven't checked this out in 1-2 years... It's evolved so much! Definitely better than X now.

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Didn't know this side of yours, followed!

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The best answer from a founder starting a company: I could not bear not doing it. Being a founder is extremely tough. You need to feel that there's nothing else in the world you would do.

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Vitalik Buterin

Big props to Reddit for experimenting with contributor ownership, and I know this is totally the fault of regulation and not Reddit themselves, but this made me sad. This is why we crypto; it's a global economy.

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This is highly contradictory. Although none of it really matters if everything on Ethereum apparently falls under US jurisdiction (why even care about Howey test then?). So, where do we go from here? None of this makes sense.

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Their reasoning is that ETH is not a security because it’s “sufficiently decentralized”. E.g. if one dev team stops, another one will pick up development. But that wasn’t always the case, it took time. DAOs help get there. But governance is now a liability (CTFC vs Ooki DAO)

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- Cannot use tokens as incentive mechanisms or use them for a platform to accrue value (expectation of profit, SEC vs LBRY) - All transactions on Ethereum fall under US jurisdiction (SEC) - But somehow Ethereum, which did an ICO, has a Foundation etc. is NOT a security (SEC) 👇

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Some things like automatic attribution are only starting to be possible now thanks to Web3. As for version control and interlinks, Git + Linked Markdown would have worked nicely. https://linked.md

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Project Xanadu would have been a great foundation for the web. Unfortunately it was 60 years ahead of its time. https://en.m.wikipedia.org/wiki/Project_Xanadu

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Better matching engines with possible owners, automated and scalable shelters, awareness…

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Who’s working to end dog homelessness? Looking to invest in some founders solving the issue

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If as a consumer you want to transact and be protected by laws, join a cloud nation. nation3.org will have a system of law soon. But let’s not force this upon anyone, let alone allow trad states to capture the only free corner of the world.

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Regulation, meaning law, is paramount for social systems to work. However, how and when did trad states earn the right to regulate the free Internet? Did they conquer it the same way they conquered land? I don’t recall that happening. https://i.imgur.com/oLUwRoy.jpg

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Unfortunately Jack is a Bitcoin maximalist and that constrains his design space.

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I actually like the approach @farcaster is taking much more than AT protocol. No need for federated hosts, simple smart contracts enable a canonical identity space.

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My first guess would be product scope: Twitter is much more contained as a product. Because of that a Web3-powered Facebook probably wouldn’t look like Facebook at all.

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I deleted my Facebook in 2017, thinking that a decentralized alternative was just months away. 5 years later, we are finally getting there, although alternatives are going after the birdie and not the social media behemoth. Why?

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I almost didn’t notice that @farcaster is Web3-powered when signing up. UX for Web3 apps should feel like this — transparent to the user.

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