Speaking Of Crypto

“Most social networks, big ones, are highly centralized, totally closed source and those two things are pretty dangerous because the community, the user base, isn’t able to understand the code, understand what they’re interacting with, not able to see the algorithms, not able to see if it’s spying on them, and also there’s a censorship issue with the centralized structure.” If Facebook is spying on us and apps are tracking our location data, devices are probably listening in to our conversations too. Bill Ottman created Minds, as an alternative. Minds is a social network, that uses open source technology and is powered by crypto where you earn tokens for your contributions. Bill talks to me about a Princeton study that was experimenting with people’s moods by injecting positive or negative content into their social network feed, and what they found out is that they can in fact alter someone’s mood! So, he realized that the next big social network would be decentralized. His network doesn’t or will not ever sp