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Tay Zonday
@tayzonday
“Ownership” of one’s Web 3.0 data is really talking about: 1) The symmetrical custody and ownership of aggregated blockchain data rather than asymmetrical ownership of aggregated Web 2.0 cloud data 2) The public surfacing of operational mechanisms insofar as they are blockchain contract transactions rather than private-sector intellectual property 3) Ownership simultaneity of blockchain nodes (numerous distributed owners) that store data rather than ownership singularity Marshall McLuhan, a famous media theorist, coined the phrase “The Medium Is The Message.” With Web 3.0, the aspiration is that “The Mechanism Is The Message”— that the substance of digital living can change by changing the mechanisms. You’re right: Web 3.0 “ownership” is not unlimited user control over their blockchain data. It’s just provides the user with attenuation vectors and transparency vectors regarding the ongoing accumulation and manipulation of that data—vectors nonexistent in Web 2.0.
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zoo
@zoo
this, but also privacy-enabling L2s are coming. and with zk, public key cryptography, and wallet gated permissions, users can already have private control of both onchain and offchain data. web3 as a model should be thought of as more than just public, unsiloed data on a blockchain
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kaitoren.eth
@kaitoren.eth
I think people often conflate "ownership" with "ability to monetize." The Mona Lisa has definite owners (France). The Mona Lisa's data (the image) can be used by anyone for free, it's in the public domain. Anyone can make mouse pads and coffee mugs and phone cases with that image and make a profit while paying $0 to the French govt. The French govt doesn't charge people for every single vieweing/usage, yet they still capture incredible value by being the owners (tourism, French culture, branding, etc). Value capture does not require direct monetization. So can be true for your data, and this has always been the case. What's new is blockchains are the most efficient way to easily prove your data is yours. It's faster and more public than previous methods. Martha Stewart and Oprah each owned their entire publishing apparatus to capture the value of their data ownership. Now anyone can spin up a smart wallet in ~2 seconds.
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MCLUHAN VIDEOS YOUTUBE
@mcluhanvideos
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MCLUHAN VIDEOS YOUTUBE
@mcluhanvideos
Hey there Tay, I used a tweet of yours a while back in a movie I made about McLuhan, timeline: https://youtu.be/wgj-s46Mpyc?si=wP3DAYQ5PkA_nHRS&t=1567
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