yuga.eth on Warpcast

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yuga.eth pfp

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.

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balajis pfp

Funny you say that. I've been thinking about building a completely new kind of news outlet here... https://warpcast.com/balajis.eth/0x04c7553e

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Dan Romero pfp

I think it's partially right. A large chunk of the reporters have moved most of their posting to Threads and that hasn't really helped? What Twitter has is the "arena" where a primary source video clip or meta conversation with screenshots of the actual reporting create a memetic battle for the day. You can add the breaking news accounts here, but it's the meta that the news junkies crave. e.g.

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TheModestThief🎩 pfp

TheModestThief🎩

Yes, tried replacing X with FC completely for about 3 months this year. Can’t do because lack of fast, reliable news. I’m not even talking world news. Just crypto news.

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Kieran Daniels 🎩 pfp

Kieran Daniels 🎩

@itsbasil is fixing this. I’ve seen the plan and it’s real.

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Brad Michelson pfp

It’s time to get the crypto pubs and their reporters on here. They’re severely hurting for traffic so I see that as an opportunity to pitch them on adapting FC.

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Kirill Fursov pfp

absolutely agree

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Mehdi Benembarek pfp

Mehdi Benembarek

@mehdi-benembarek

Why not journalists ? Will give a much higher credibility imho. Good content costs Actually building a on chain Digital Magazines Publishing House backed by a coin, Karavan ($KRVN). Launching end 2024 / 2025 2 mass market titles. A never seen before concept.

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Mariya pfp

You bring up a very important point about the role of reporters in the dissemination of news and its impact on platforms like Twitter and Farcaster. Reporters are essential for real-time, factual reporting, which is why Twitter currently holds an advantage in delivering live news quickly. While the idea of moving facts on-chain as suggested by @balajis.eth is intriguing, it's true that implementing this for high-stakes events like politics or war is complex. The current information flow is likely to remain: Reporter -> Twitter -> Oracle -> Farcaster, keeping Farcaster downstream of Twitter. To shift this dynamic, we would need cryptographic attestations directly from the sources of news. This is a challenging prospect and not something we’re likely to see implemented soon. Until then, platforms like Twitter will continue to dominate the space for real-time news updates.

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Vietvtc4 ☀️⚡️👨‍💻 pfp

Vietvtc4 ☀️⚡️👨‍💻

Twitter's advantage in live news is hard to beat.

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Daniel McGlynn pfp

As seems like it might be relevant to include that we need some kind of new market demand or market support for people who are primary news reporters. Twitter or FC or Threads or whatever are just distribution channels. As distribution becomes more fragmented it's actually revealing the fact that newsrooms just don't have as many reporters as they use to. Coverage feels thin because it is thin, especially in coverage of critical areas like local government. Will be interesting to see if onchain dynamics can make it possible for independent reporters to find supportive audiences and or create federations to offer to coverage areas. Personally, I'm not bullish on AI replacing good reporters. There's a lot of connecting the dots and source cultivation that goes into getting timely, accurate, and confirmed info.

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youngatsavings pfp

@youngatsavings

X will soon dissapear even you might not use oneday. Not always money but also what community matters. In that manner, fatcaster is high and higher. Please not to relate anything (farcaster) with nothing(X). No one will believe this but everyone will accept this one day. Farcaster for a reason dudes🚀

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cxexo 🎩 pfp

Nice thoughts man

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jon pfp

a more ideal setup would be: Reporter --> Oracle --> Socials (X + Farcaster) Twitter definitely has the audience right now, so it makes sense for reporters to start there but if Farcaster had a hand in building oracles and ways to attest truth directly onchain that were part of the protocol that would be a huge win

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