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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tomato
@tomatoxyz
There's actually very sound reason most platforms require a certain amount of viewership or other metrics before monetisation options become available. If you let everyone coin content you will not only end up with content mills but widespread copyright infringement and low effort or even illegal stuff that crowds out legitimate content and makes whatever venue it is hosted on highly unattractive. As soon as you introduce "incentives for everyone" it can very quickly get out of control. Crypto natives may think this stuff is attractive but it just ends up with everything looking like a casino and isn't actually conducive to people making interesting or valuable stuff in the first place.
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