RE: Chamath Palihapitiya and Mark Cuban Revealed Their Criteria For Social Network in Crypto

I love this post.

I've seen some of the controversy about bitclout, but I had not seen Chamath or Mark's stance on it.

I believe your line about viral marketing & exponential growth is an incredible important one, so I'm hoping LordButterfly's Hive Marketing project with Ignite makes a positive impact in that regard.

For Mark's point on how 'socializing' should be 'social' for social's sake, and shouldn't be focused on increasing the value of a token, it may be true Hive doesn't do this directly, but Hive's complexity and high barrier to entry is another way it prevents socializing and keeps the platform 'more empty' than things like Reddit, Instagram, or Facebook.

Another disincentive to 'pure socializing' is that a new user eventually learns that to have a low rep score, or negative attention from whales, or minimal Hive Power can quickly devalue their ability to socialize (at least in the short-term.)

So for an investor like Mark, those 2 things may be major turn-offs, but I'm justs guessing.

Either way, this is a really interesting topic, I love that major players are giving 'decentralized' social their attention (even if it only starts with bitclout's conroversial centralized version.)

Thanks so much for this @geekgirl !