YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

Re:YouTube and Facebook Are Losing Creators to Blockchain-Po... by mtgx on Tuesday April 10, 2018 @07:10AM (#16800462)

All platforms kickstart within a niche. Remember when Facebook was just for students? Or when Bitcoin was "just for drug dealers" (it wasn't, but that's what the media got everyone to believe).

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Re:YouTube and Facebook Are Losing Creators to Blockchain-Po... by mattsfrey on Tuesday April 10, 2018 @10:49AM (#16801755)

Seeing some downvotes on this but TBH Silk Road and the underground economy _is_ what originally drove the lions share of demand for bitcoin as a currency, not miners and enthusiasts - everything else ballooned out from there.

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Re:YouTube and Facebook Are Losing Creators to Blockchain-Po... by richardwhiuk on Tuesday April 10, 2018 @11:02AM (#16801851)

Is Bitcoin for something other than drug dealers and speculation yet?

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Re:YouTube and Facebook Are Losing Creators to Blockchain-Po... by alphydan on Thursday April 12, 2018 @01:43PM (#16823191)

> what originally drove the lions share

I think that is known to be false (although it is repeated ad nauseam on HN). The best estimate around 2011 / 2012, is from this study: https://arxiv.org/abs/1207.7139

which estimated SR transactions to be between 4% - 9% of the total Bitcoin transactions. Hardly what I would call "The lion's share".

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