The Social Media Wars Are Heating Up
Elon cast the first stone. Now Zuckerberg is following suit. He is introducing subscriptions to Facebook.
In this video I discuss how we are seeing a shifting if chairs on the Web 2.0 ship yet there is nothing novel with what they are doing. Ultimately, it is only going to take traffic from other sites. Hive is Web 3.0 which brings new things to the table.
▶️ 3Speak
0
0
0.000
I guess Zuckerberg is playing around lol, the best is good enough they should all try hive while they can instead of them running around the bush.
Am a new bee in the community Mr taskmaster nice meeting you indeed right about what you said hive is web3 which brings new things to the table
The only good thing about Facebook subscriptions is that users can verify their account with government IDs. This feature might be useful for people who want to protect their accounts and their identity. But of course, not for people who want to remain anonym.
Couldn't he eat some of the costs by making everything happen internally and the payments outside the system be like over a threshold? I don't think that is any different from other systems but I do think that it's unavoidable to have a minimum threshold. Even on hive, if we want to move out of the system, we have no choice but to eat the transaction fees.
Posted Using LeoFinance Beta
What I thought when I saw your post on Twitter lol @taskmaster4450
Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
I am done with pretty much all mainstream social media. Since I have dropped Twitter and Facebook off my phone, my mental health has improved greatly, lol. All hail Hive!
Posted Using LeoFinance Beta
Zuckerberg is not a leader... always jumping on every other idea. He doesn't lead, he simply follows.
Posted Using LeoFinance Beta
Well I prefer the hive platform because of its decentralized nature.
Summary:
In this video, Task discusses the emergence of social media wars, focusing on Twitter's introduction of a subscription service akin to Patreon or Substack. He highlights Elon Musk's initiative to reduce Twitter's reliance on advertising by implementing a subscription model. Task compares Musk's approach to traditional Web 2.0 strategies employed by platforms like Facebook and Google while underscoring the potential limitations of these platforms due to centralization. He contrasts Musk's tactics with Web 3.0, particularly emphasizing the advantages of Hive's decentralized proof of brain system, tokenization, and micro-payments. Task concludes by advocating for Web 3.0 innovations, illustrating the seamless payment system and earning opportunities available on Hive that surpass traditional payment models in Web 2.0.
Detailed Article:
Task initiates the video by delving into the escalating social media competition, citing Twitter's adoption of a subscription model similar to Patreon or Substack. He elucidates Elon Musk's rationale behind this move: to minimize Twitter's dependency on advertising revenue. This is deemed crucial as Twitter faces tough competition in the advertising sphere dominated by tech giants like Facebook and Google. Musk's strategy entails offering premium features through a paid subscription, reshaping Twitter's operational dynamics.
In contrast to Musk's transitional tactics within the Web 2.0 framework, Task underscores the limitations posed by the centralized nature of platforms like Twitter, Facebook, and Instagram, expressing skepticism towards Meta's (formerly Facebook) subscription model. Task implies that despite rebranding efforts, these entities remain within the confines of Web 2.0, lacking the transformative potential found in Web 3.0 paradigms.
Transitioning towards a discussion on Web 3.0, Task emphasizes the revolutionary aspects associated with decentralized platforms like Hive. By leveraging proof of brain mechanisms, tokenization, and micro-payments, Hive offers a progressive alternative to the conventional payment methods prevalent in Web 2.0 platforms. Task remarks on the seamless and efficient payment system on Hive, enabling users to claim payments in real-time contrasted with traditional platforms' payment cycles that occur bi-weekly.
Further differentiating Web 3.0 from its predecessors, Task highlights the intrinsic advantages of decentralized models, exemplified by Hive's innovative payment options and intrinsic functionality dictated by blockchain technology. Drawing a sharp contrast between Musk's efforts and Web 3.0 advancements, Task emphasizes the transformative potential of decentralized platforms in revolutionizing how content creators are compensated and engaged within the digital ecosystem. Task concludes by advocating for the widespread adoption of Web 3.0 principles, proposing a paradigm shift towards decentralized models that embody the essence of innovation and efficiency in the digital landscape.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.