Are content coins good?

A lot of ink spilled recently about content coins. 

Here's what I believe:

1. People trying new thing / models / ideas are good! Even if a given thing / model / idea has the potential to be abused, if there's potential for it to be used constructively, worth trying.

2. No one is forcing you to buy anything. You can literally log off and be protected from the potential bad outcomes.

3. Just because norms exist at a point in time doesn't mean the norms can't be changed. Changing norms can be good!

4. If you're getting religious over what is essentially a file format—ERC20, ERC721, ERC1155—you're in too deep. Most people won't care what format it is. What they will care about is what "job to be done" and how they feel interacting with it.

5. If everyone treats content coins as "number go up machines and bail before attention tries up Keynesian Beauty Contest" then yes, most people will have a bad time. However, if through quantity / frequency / norm shifting that change...

1/n

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email