web3 – Liberty Tunes

Brace yourself, this episode is a long one for me. Sorry about that.

The other day @brave-smoke asked me in the Agorise Matrix space:
“Do you think in the future, more people from decentralized platforms like Minds, Nostr etc will give blurt a chance? “

My intial response was long and very wordy. But I never really answered his question. So I go into much more detail in this podcast. But the short answer is yes they will. But the number of people in the Web3 social media space as a whole is not going to grow anytime soon. In fact real Web3 isn’t going to be anything like what we were told. The money thats being thrown at it is currently directing all of it to being Web2.5 with no real innovation, just a bunch of copy cats that are tailoring it their favorite tribal tokens. Then they will be taken over by the big tech governments and CBDC crap. This will drive places like Blurt, Nostr, Minds, Hive, Steem, etc into the underground and force them to either adapt to working over networks such as i2p and Tor through either webapps on those networks or desktop/mobile apps.
But they will most likely be driven off of the clear net as they are today. Big tech’s X, TikTok, Facebook, Instagram, etc will adapt to the CNDC version of Web2.5 and the vast populace will be fat and happy and will not look for anything better such as Web3.

If you listen to the full podcast episode at the end I also play a new single from my Byte Rebel persona called “Subversion’s Iron Grip” that is currently only available on Blurt Media. You can listen to or download it for free at https://blurt.media/w/amhY21yJN4tZZqxp7zzRGe

If you listen really close at the end you will get a tease of the title track of the next Byte Rebel EP “Blood on the Stripes”.

If you like what I’m doing you can always throw some Monero at me at this address:
88LS1ToV1hUbKFe8cgYBxo8uC5m9Yq9nkfSEh8MafFMA8sguuVHHStAeCXSAW2NYmFVEYKCBPZhpRecwsEY5VNW21E2DZmA

I also will gladly accept Blurt tips and up votes.
While I dont pay attention to Hive really at all and only convert it to Blurt, I will gladly accept any tips you throw at me there too.

In this episode, I dive into why I’ve decided to step away from Hive, a platform I once enthusiastically promoted as a beacon for Web3 social networking. Here’s the breakdown:

– The Downvote Economy: I discuss @krom’s eye-opening article about how Hive has become a “downvote economy.” I’ve witnessed how established users use this system to their advantage, essentially squashing new creators and hoarding rewards among themselves.

– Decentralization Contradiction: I also cover another of @krom’s insights, where he mathematically shows how Hive’s downvote mechanism actually centralizes control, contrary to what you’d expect in a decentralized network. This has led me to question if Hive truly stands for what it preaches.

– My Journey with Hive: I share my personal journey, from being a hopeful advocate to recognizing the platform’s failure to evolve into a fair, decentralized space. Despite my efforts to push for change, the system seemed rigged to favor the ‘Hive oligarchy.’

– Conclusion: I stopped promoting Hive because it feels like endorsing a system that’s more of a pyramid scheme than a community-driven platform. I urge listeners to look for alternatives that might better embody the principles of decentralization such as Blurt

Links discussed:
– https://beblurt.com/@khrom/79o56x-the-downvote-economy-how-to-steal-the-value-of-someone-s-work-and-get-rich-off-their-efforts
– https://beblurt.com/@khrom/5smqz7-why-downvotes-contradict-decentralization-a-mathematical-perspective
– https://peakd.com/hive-173575/@theringmaster/hivewatchers-thinks-i-m-some
Visit the site – https://libertybytes.online/

Follow me on Blurt – https://beblurt.com/@unklebonehead

Follow me on X – https://x.com/unkle_bonehead

Email me at unkle.bonehead@libertytunes.org

Tag: web3

The Future of Web3

Why I Quit Hive