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nir.eth 🌿🟣🐦☁️
@nir
It's very simple: Web3 Social will grow exponentially the closer we get to the US Elections Why? 🧵
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nir.eth 🌿🟣🐦☁️
@nir
1. Bitcoin Bitcoin -> altcoin growth has been a common trend since the early days of crypto, and that isn't set to slow down this cycle. The last election incinerated institutional trust, pushing sovereign individuals worldwide to look into BTC, and then alts.
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nir.eth 🌿🟣🐦☁️
@nir
As crypto reemerges in the public's attention, new degens will be searching for alpha and speculation, and web3 social is better positioned today to provide it than X is.
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nir.eth 🌿🟣🐦☁️
@nir
2. Misinformation and Censorship The closer we get to the elections, the tougher decisions Musk and Zuck will have to make with their centralized social networks. I respect these tough choices, but they'll lead to users opting out of their networks in search for alternatives.
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nir.eth 🌿🟣🐦☁️
@nir
The month Elon bought Twitter, Mastodon had 20m downloads. The networks of today (namely Farcaster and Bluesky) offer a much better experience less users are churning from.
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nir.eth 🌿🟣🐦☁️
@nir
3. Composability It's hard to understate the impact of Farcaster Frames on the space as a whole. It opens endless opportunities for devs and creators to convert audiences in entirely new ways. Plus, they're fun! Tradsocial, jaded by Cambridge Analytica, will be slow to respond
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