r/cryptocurrency is a social experiment and we may be it's test subjects.
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r/cryptocurrency is a social experiment and we may be it's test subjects.

<!-- SC_OFF --><div class="md"><p>After watching Twitter CEO talk about the future of social media being decentralized. </p> <p><a href="https://youtu.be/u7ijNBTDUcM">https://youtu.be/u7ijNBTDUcM</a></p> <p>He focuses on free speech and content moderation being done by a consensus driven mechanism. That sounded a lot like Reddit. Where views that are against the grain can be downvoted while views that enforce the status quo gets upvoted. </p> <p>Now things get interesting when blockchain gets introduced and there's financial incentive to go with the status quo. </p> <p>This was designed to promote quality content but I believe this may lead to unnatural conformity. Where critical thinking of new ideas may or may not be given a chance to be accepted. We're going to be relying on the average intellect of the entire userbase to decide if one thing is right or wrong. </p> <p>The scary part is, misinformation could be deemed as a norm if most people agree on it. Like the Earth is flat. </p> <p>In the bubble of Flat-Earther groups, that is considered the truth. If you go against the grain in that bubble, you'll be an outcast. </p> <p>This can be extrapolated to the entire social media. </p> <p>There was also further indications saying that in the new decentralized system, people would get credit scores to base their weight of their statement. That sounds a lot like our governance polls. Where people with higher moon count has greater weight to their votes. </p> <p>I just hope we don't end up like that episode from Black mirror where people are recruited based on their social media credit scores.</p> <p>(&quot;Nosedive&quot; Black Mirror: Season 3, Episode 1)</p> <p>Right now, Reddit is not decentralized. But I believe they may be planning to evolve and we may be it's clinical trials.</p> <p>I wanna hear your thoughts as well.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ultron290196"> /u/ultron290196 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mfh1qd/rcryptocurrency_is_a_social_experiment_and_we_may/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mfh1qd/rcryptocurrency_is_a_social_experiment_and_we_may/">[comments]</a></span>Kind Regards R
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