Content
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https://warpcast.com/~/channel/coins
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jesse.base.eth 🔵
@jessepollak
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.
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tldr (tim reilly)
@tldr
@six @androidsixteen.eth @kia – you smart and fair and skeptical fellows. What's a steelman of the argument that coining content *should* not happen? (Not saying you believe this, just want the strong argument) I understand people who don't *want* it to happen. I understand people who doubt it *will* happen. But I don't get why people believe it *shouldn't* happen. To me it seems strange to want to prohibit entrepreneurs (in my mind that's what creators are) from having access to whatever tools enable them to profit directly from the success of their work, by way of entirely voluntary exchange from their audience.
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six
@six
should / should not is prolly the wrong framing - it implies an actor who would make a decision based on the answer but there is no actor who decides if content coins “happen” or not at the market level. The market decides this by “pulling” coins out of content that has attention value (what has been happening for the last couple years) should individuals coin their content? that is up to them if they think the benefits outweigh the costs (which diff ppl may perceive differently)
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tldr (tim reilly)
@tldr
I agree - what I was gathering from Jesse's question is that some people are arguing that this shouldnt happen or shouldnt be tried. I do think the meta point is that it actually doesnt work like this in the real world/market. But perhaps these peoples arguments (even if futile) create friction when people are wanting to build
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