I've been here for a month now (give or take a few days), and I figured it's a good time to look back on the experience.
The Good:
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I have spent a very long time hating social media. It started out as a great idea and it ended up turning the internet into a trash heap. SN has created something I enjoy participating in personally, and is a proof-of-concept for a better economic model for the internet more generally.
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I have been hodling bitcoin for quite a few years, but I was never interested in the day-to-day of it. I quickly saw the potential, but it was at a time where most people saw the potential for quick profits from speculation, so I figured I'd take a closer look in a few years. I'm happy I did - I have interacted with some very knowledgeable people here and learned a ton.
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The toxic bitcoin maximalists. Why is toxicity good? Well, it isn't, but I like platforms that avoid infringing on freedom of speech. It is the foundation of a strong and free society, even at the price of hurt feelings.
The Bad:
- The toxic bitcoin maximalists. I wouldn't be surprised if some n00bs got scared away from here by people yelling at them for owning shitcoins. I used to own shitcoins too. Nobody shamed me out of shitcoinery though. I stopped because I had a patient friend who explained why bitcoin is better using reason and logic, not the quasi-religious arguments some bitcoiners employ.
The Ugly:
- (Well this isn't really ugly per se, but I had to complete the trio). The folks here have built a really cool community. I think it has potential, but I worry about its sustainability. I've stacked a lot of sats here, but where are those coming from? If people are signing up and funding their own wallets, then great, but if they're being injected into the local economy by SN from money they raised by VC, how does that scale? The incentive model employed here is superior and I have no doubt that it will be the norm in 20 years, but I do get the feeling that something is missing from the economic model for the time being. I hope I'm wrong though, it would be great to have this place around for the long-term.
It's me, isn't it?