The author's interpretations of Chris's points (the Spotify example is a clear one) keep trying to reinterpret Web3 as a set of incremental improvements ("let's cut the take rate") rather than create a new set of opportunities to replace (and sometimes invert) the old business models.
Here's my example for Spotify: music shouldn't be monetized by taxing distribution; instead, let artists directly monetize through myriad new ways where they don't take platform risk — ever. NFTs, social/community tokens, direct ticketing + access to secondary sales, and so many more methods are all being explored now.
It's great to dig in here and continue the dialogue, but most crypto critiques on HN feel like tourism.
Here's my example for Spotify: music shouldn't be monetized by taxing distribution; instead, let artists directly monetize through myriad new ways where they don't take platform risk — ever. NFTs, social/community tokens, direct ticketing + access to secondary sales, and so many more methods are all being explored now.
It's great to dig in here and continue the dialogue, but most crypto critiques on HN feel like tourism.