For what it’s worth SBF put this idea to me in an interview I did with him and I thought it sounded daft at the time, for the reasons you give among others.
He also suggested putting private messages on the blockchain which seemed even stranger and much less motivated.
That said, at the time I regarded SBF as much more of an expert on blockchain technology than I was, which made me reluctant to entirely dismiss it out of hand, and I endorse that habit of mind.
As it turns out people are now doing a Twitter clone on a blockchain and it has some momentum behind it: https://docs.farcaster.xyz/
So my skepticism may yet be wrong — the world is full of wonders that work even though they seem like they shouldn’t. Though how a project like that out-competes Twitter given the network effects holding people onto the platform I don’t know.
For what it’s worth SBF put this idea to me in an interview I did with him and I thought it sounded daft at the time, for the reasons you give among others.
He also suggested putting private messages on the blockchain which seemed even stranger and much less motivated.
That said, at the time I regarded SBF as much more of an expert on blockchain technology than I was, which made me reluctant to entirely dismiss it out of hand, and I endorse that habit of mind.
As it turns out people are now doing a Twitter clone on a blockchain and it has some momentum behind it: https://docs.farcaster.xyz/
So my skepticism may yet be wrong — the world is full of wonders that work even though they seem like they shouldn’t. Though how a project like that out-competes Twitter given the network effects holding people onto the platform I don’t know.