#crypto social media

[bitcoinsocialcommunity]

How the relationship between cryptocurrency and social media works

The world of cryptocurrencies is in overdrive with regard to growth and expansion, thanks to the multiple promotional and marketing opportunities available today. New cryptocurrency projects strive to reach as many potential users, traders, and investors as possible. And cryptocurrency social media platforms are creating a new wave in this transition and transformation. But how can they? Well, social media has become the instant route that helps them create and build a massive online presence fairly faster than any other traditional means of promotion and marketing. Let us see how this relationship works best between cryptocurrencies and social media platforms.

Relationship that exists between cryptocurrencies and social media

There is a relationship between cryptocurrencies and social media, and it works in a specific way.

Cryptocurrencies and social media platforms or channels share a common bond of mutually beneficial relationships. While cryptocurrencies gain from the capacity to reach wider target audiences and increased customer bases, social media platforms gain from the strategic exposure of their services to new users and subscribers.

Today, blockchain-powered social media platforms offer several monetization tools. These platforms allow the creation of revenue-generating channels. Users can make contributions, promote and monetize their content through tokens, and receive rewards for their contributions.

Social media channels are adopted as platforms to share vital cryptocurrency news and information. It helps talk about what's happening in the crypto world in real-time and therefore keeps investors and traders informed. For most traders and investors today, they rely on the latest cryptocurrency-shared details to make crucial trading decisions.

Social media has the power to impact cryptocurrency price fluctuations, either upwards or downwards. This is largely due to cryptocurrency price movements relying on public perceptions mainly shaped by insights, trends, analyses, and news on social media. This makes cryptocurrencies and social media have an intertwined relationship.

Social media platforms are known for enabling people to access curated data. Several social media platforms today have lots of credible information that is vital to helping investors and traders make proper cryptocurrency market analyses.

Final analysis

There is an inseparable bond between cryptocurrencies and social media since they perfectly align with the goal of spreading crypto information to as many users as possible. Today, cryptocurrency social media platforms like Bitcoin Social strive to share and spread reliable crypto news, trends, insights, information, up-to-date data, and many other aspects of cryptocurrencies.

[dencyemily]

Ethereum Founder Buterin Holds Strong Amidst Friend.Tech Decline, Continues to Bet on Farcaster and Lens

The once-buzzing decentralized social media platform, Friend.Tech, has experienced a dramatic decline in recent months, witnessing a 50% drop in total value locked (TVL) to $26.46 million. The founder of Dragonfly Capital, Haseeb Qureshi, shared insights on the platform's downfall, highlighting concerns about its bonding curve design and the broader implications for crypto social media.

Initially launched on Coinbase's Layer-2 platform Base, Friend.Tech attracted significant attention, peaking at over $50 million in TVL. However, the subsequent decline has raised questions about the sustainability of crypto social media platforms. Qureshi's tweets not only reflect his reservations about Friend.Tech but also signal a broader discussion within the crypto community on the need for redesigning bonding curves.

Qureshi emphasizes the importance of blockchain games and crypto social media being enjoyable beyond financial speculation. His call for recommended reading on bonding curve redesigns indicates a proactive approach to learning from Friend.Tech's experience and implementing improvements. Despite the cautionary tale presented by Friend.Tech, Ethereum co-founder Vitalik Buterin's endorsement of Farcaster and Lens suggests ongoing interest and exploration in decentralized social media solutions.

[silisa999919]

Присоединяйся к MAIN – новой крипто социальной сети. Используй мой код при регистрации, чтобы получать на 25% больше бонусных токенов в первые 100 дней.

Присоединяйся! Не хватает только тебя.

[warakami-vaporwave]

Twitter84

[giveamadeuschohisownmovie]

I feel like if there’s any old movie that would make for an interesting remake/modern reimagining, it’s “American Psycho”. Mainly because I feel that a modern version of the movie would be about social media influencers. Go on YouTube and look up Patrick Bateman’s morning routine, people have pointed out that the scene is not so different from how influencers make their vlogs.

And also, there’s other scenes that feel like they could work as satire of the influencer scene, like Bateman’s insincere call for activism and the inner monologues in which Bateman is always judging the people around him. A reimagining could also add on to Bateman’s character. For example, in addition to mentioning his residence first before his name, symbolizing that Bateman views his status as more important than his identity, Bateman could also mention his follower count. Which I do think is an actual thing since I remember TheOdd1sOut mentioning an encounter in which his subscriber count was what drew people to him.

(Or, better yet, modern American Psycho would be about the crypto/cryptobro scene)

[sol-consort]

you'd think dating the asari akin to heaven, but it's just repackaged finance bros

[robertreich]

Does Elon Musk Have a Right to Destroy Twitter?

You break it, you own it. That's what I was told as a child. But for today's billionaires, it seems like the opposite is true.

“You own it, you can break it” — at least if you’re rich enough. 

Just look at Elon Musk.

He paid a fortune for Twitter and is now busily destroying it — firing half its employees and driving out even more, causing chaos on the platform, making advertisers flee, and threatening bankruptcy.

Or consider Sam Bankman-Fried, who became a billionaire after founding the popular cryptocurrency exchange FTX — until he drove the company into bankruptcy.

Seems FTX was a Ponzi scheme that got out of hand. At least $1 billion in customer funds is reportedly missing.

These billionaires are presumed to be free from responsibility because they own what they’ve had a hand in destroying. So under the rules of capitalism, they have a right to do whatever they want with their money. Right?

Wrong. Millions have come to rely on Twitter as a vital source of information and connection.  Investors put their money — and trust — in FTX. These people aren’t mere collateral damage. They’re bearing a big part of the cost.

“You own it, you can break it” is a careless norm for a complex society.

Do we really think that the super-wealthy should be allowed to control so much wealth and wield so much influence?

Absolutely not. We need stronger laws protecting the rest of us from the recklessness of these so-called "disruptors."

[johbeil]

Too good to be true

“Du willst mir also erzählen, liebe neue und ansonsten unbekannte Online-Busenfreundin, dass ich in drei Sätzen eine Million in einer unbenannten Crypto-Währung gewinnen kann und dir dazu nur meine Bankdaten durchgeben brauche? Und obendrein noch 10000 echte Wrigley-Kaugummis bekomme? Ist doch ein bisschen zu schön, um wahr zu sein, oder?” – Cora Ebenezar (© 2024) (50 Wörter) Nachbemerkung der…

[ne0nwithazero]

I just spent the past hours uploading art to IG out of some sort of self-imposed sense of obligation but that UI is so broken and unintuitive 😭😭😭

I genuinely cannot grasp how people are capable of having Instagram as their main social media

AND THAT'S COMING FROM ME, A TWITTER USER

[devsgames]

I used to repost this regularly on Twitter whenever someone broke this rule, so time to do it here too since I notice folks on here doing it as well.

Reminder to properly someone to make sure they're not a bigot, a crypto shill or a fascist weirdo before you start endorsing, promoting or reblogging their work! It takes all of five seconds and is worth it every time.

[verm1c1de]

if tumblr dies ill just kill myself purrobably

[memenewsdotcom]

#KimKardashian fined over #crypto

[snekdood]

the fact that "hitler shouldve finished the job" person hasnt been banned yet is wild to me.

[warakami-vaporwave]

Twitter84

I usually make art many months ahead of time, this one I made late in 2022. This is why I avoid art that comments on recent events since it ages it too fast. I almost just didn't post this one at all but instead I'm posting it since it feels absurd how at this point I'd probably prefer Twitter84 to the real one.

[boostlegends]

Buy Telegram Members with Crypto!

Read More: https://medium.com/@boostlegends1/buy-telegram-members-with-crypto-e938222d545f

#crypto #telegram #members