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Crypto Narratives For 2023: Why Consumer Apps Will Be Huge - Derek Schloss, Collab+Currency, Ep 224

The Blockcrunch Podcast

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What's the Promise of Web2 Social Platforms?

The biggest problem is like where the information that gets created by users lives and who owns that. Right now it's Facebook, Instagram, these social platforms and their databases. These aren't owned by us. These are owned by third party intermediaries. And what is a trust minimized database really good at doing? It's really good at disintermediating rent extraction and allowing users to be owners.

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