Hacker News Reader

You already own any assets that you create by default. If you type a message into a text editor, you own the copyright on it. Under Facebook's Terms of Use, you more-or-less give up that ownership when you paste it into a form on their website. There is no intrinsic limitation in Web 2.0 technology that robs us of ownership, it is business incentives that do it.

Please explain how adding a crypto wallet or blockchain into this mix changes anything meaningful.

View on HN

Sure, I don't disagree with you. I'd ask what's the likelihood that we create new regulation that says that Facebook has to let you own your own content, or even export that content.

I wouldn't say it's very high, where crypto is here now, and the default design is with ownership in mind. Plus with crypto's money side you can find different business models than traditional web companies. (As a matter of fact with a public blockchain data probably becomes a lot cheaper on a mass scale.)

Crypto maximalism IMO is a "doomer" position, the idea of burning down more efficient and established systems for a new one.

I personally don't know if it's a functional idea, but I can see a case.

Reply on news.ycombinator.com