Farcaster

A key user segment that Twitter has and Farcaster doesn’t is reporters. As long as the primary source of new information remains news outlets, Twitter will always have an advantage in overall relevance, because people want to consume live news as quickly as possible.

Note that I said reporters and not journalists. Even if it’s true that traditional media is dying because people are sick of agenda-driven journalism, there will always be strong demand for low latency factual reporting.

You might retort and say that facts will move onchain as @balajis.eth has suggested. Maybe! I’d love to see that. But it’s unclear to me how this would actually happen for high leverage events like politics, war, etc. The flow would be Reporter -> Twitter -> Oracle -> Farcaster, ie Farcaster would remain downstream of Twitter.

To fundamentally change this you need cryptographic attenuations from the principals of the news, and I don’t see that happening soon.

Crypto @ Coinbase, foreign policy, political theory. yugacohler.twitter

Follow /yugacohler