RE: Hive: Account Control Equals True Asset Ownership

People use facebook and twitter (and occasionally youtube) for examples of what can go wrong from a personal and financial perspective when a person gets banned or shadowbanned by a platform, but they are far from the only examples.

Lots of creators, especially Black people or LGBT people on twitch lose access to their accounts due to organized mass reporting of content that isn't in violation of TOS by hate groups. But these are all handled primarily by algorithms rather than humans, so it's very effective and disrupts income quite a bit. Poof, an entire job gone, in an instant. That's just one example of this kind of vulnerability. Again, web3 solves this.

Last week we heard about Only Fans changing things up to prohibit certain types of content that basically built the platform. And again, an entire income stream is lost for many people with very little notice. Here (as is often the case in the adult web), catering to payment processors was cited as a major part of the issue. Many years ago I did freelance web design and marketing work for various adult websites. Before the tube sites existed. And I remember that catering to visa and mastercard was always a problem faced back then. Last year pornhub scraped millions of users and stopped taking credit card payments for a while. Again, web3 and blockchain solves this.

I'm really looking forward to projects like SPK and to some degree projects like THETA to see where things go next. Because having fast, rich media is going to be essential in the growth of blockchain adoption. Once people realized the power, existing structures will crumble fast. Let's not give those structures time to shore up their base and manipulate customer opinion on what the metaverse is.

This is the future. I always appreciate your outlook on the issue.

!PIZZA