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Amihai Loven's avatar

Insightful. Was looking into web3 and by now I’m convince it will inherit all the centralized diseases of current platforms. Same greed dressed younger

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Michael Spencer's avatar

There are powerful venture capital kingdoms who hope that it is so including Substack's primary lead funder a16z.

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Amihai Loven's avatar

It can only change when the mindset changes. New technologies/trends , can’t go beyond the current exploitation structure, unless the dependency to capital significantly reduced. This can only happen when people understand the significance of QoLN (quality of life NOW)

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Michael Spencer's avatar

The mindset doesn't change because the VC money pays for the hype and exploitation. It is behavior modification that's profitable with a monetization incentive. Unfortunately mental health for many creators is pretty low due to the low pay and what they have to end up doing just to make a meagre living.

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Amihai Loven's avatar

You got it right. There is always a different way but are we willing to walk the hard way?

Thanks for creating real value with you selective content. There is a way to compensate people justly for their value. It is called Justribute.

Long story... will share with you at some point

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Michael Spencer's avatar

Thanks for stopping by for a conversation Amihai. As you know I love what you do.

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