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Goodbye, Denver Post. Hello, Blockchain

nytimes.com

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Re: Goodbye, Denver Post. Hello, Blockchain

#21

Post by drb91 »

JumpCrisscross wrote: post #4

> People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution This features the worst elements of public ( e.g. the BBC ), private ( e.g. the Wall Street Journal ) and patronage ( e.g. the Washington Post ) media.…

Well, how would you incentivise journalism? I can’t tell where articles i might want to read come from; i know that any given newspaper will have plenty of content that i find head scratching—that’s your editorial independence for you. There’s no good model right now to patronize journalists or topics.

Re: Goodbye, Denver Post. Hello, Blockchain

#23

Post by pudo »

JumpCrisscross wrote: post #4

> People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution This features the worst elements of public ( e.g. the BBC ), private ( e.g. the Wall Street Journal ) and patronage ( e.g. the Washington Post ) media.…

Can't emphasise this enough. Any system that lets (rich) people vote on what the truth is cannot be called journalism. It is simply not how facts work. This is also why Elon Musks recent initiative ("Pravduh"?) has all the populist appeal in the world, yet contains the risk to do serious damage to journalistic independence.

Re: Goodbye, Denver Post. Hello, Blockchain

#24

Post by pudo »

drb91 wrote: post #21
JumpCrisscross wrote: post #4

> People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution This features the worst elements of public ( e.g. the BBC ), private ( e.g. the Wall Street Journal ) and patronage ( e.g. the Washington Post ) media.…

Well, how would you incentivise journalism? I can’t tell where articles i might want to read come from; i know that any given newspaper will have plenty of content that i find head scratching—that’s your editorial independence for you. There’s no good model right now to patronize journalists or topics.

You can buy an online subscription.

Re: Goodbye, Denver Post. Hello, Blockchain

#25

Post by prolikewhoa »

aitrean wrote: post #20
danso wrote: post #7

Earlier quoted context omitted.

Stockholders, especially retail investors, don't typically have privileged access or ability to give input to a newsroom.

And they shouldn't. News should not be determined by its shareholders. The idea that such privileges should be able to be purchased is so incomprehensibly stupid, I'm at a loss for words.

You don't think it already isn't purchased and hasn't been for a very long time? There are only a handful of media companies, at least in the USA.

Re: Goodbye, Denver Post. Hello, Blockchain

#26

Post by TangoTrotFox »

pudo wrote: post #23
JumpCrisscross wrote: post #4

> People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution This features the worst elements of public ( e.g. the BBC ), private ( e.g. the Wall Street Journal ) and patronage ( e.g. the Washington Post ) media.…

Can't emphasise this enough. Any system that lets (rich) people vote on what the truth is cannot be called journalism. It is simply not how facts work. This is also why Elon Musks recent initiative ("Pravduh"?) has all the populist appeal in the world, yet contains the risk to do serious damage to journalistic independence.

And who exactly do you think owns the current media companies in the US?

Re: Goodbye, Denver Post. Hello, Blockchain

#28

Post by iOShosts »

prolikewhoa wrote: post #25
aitrean wrote: post #20

Earlier quoted context omitted.

And they shouldn't. News should not be determined by its shareholders. The idea that such privileges should be able to be purchased is so incomprehensibly stupid, I'm at a loss for words.

You don't think it already isn't purchased and hasn't been for a very long time? There are only a handful of media companies, at least in the USA.

[flagged]

Re: Goodbye, Denver Post. Hello, Blockchain

#29

Post by cloakandswagger »

pudo wrote: post #23
JumpCrisscross wrote: post #4

> People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution This features the worst elements of public ( e.g. the BBC ), private ( e.g. the Wall Street Journal ) and patronage ( e.g. the Washington Post ) media.…

Can't emphasise this enough. Any system that lets (rich) people vote on what the truth is cannot be called journalism. It is simply not how facts work. This is also why Elon Musks recent initiative ("Pravduh"?) has all the populist appeal in the world, yet contains the risk to do serious damage to journalistic independence.

Journalists don't seem to need any help in damaging their reputation and the public's trust in them. These alternative distribution schemes seem to be a response to the bias and selective reporting done over the last two years.

Re: Goodbye, Denver Post. Hello, Blockchain

#30

Post by JumpCrisscross »

TangoTrotFox wrote: post #26
pudo wrote: post #23

Earlier quoted context omitted.

Can't emphasise this enough. Any system that lets (rich) people vote on what the truth is cannot be called journalism. It is simply not how facts work. This is also why Elon Musks recent initiative ("Pravduh"?) has all the populist appeal in the world, yet contains the risk to do serious damage to journalistic independence.

And who exactly do you think owns the current media companies in the US?

> who exactly do you think owns the current media companies in the US?

Point being we can answer this question. If you put ownership on the blockchain, we can’t. It’s exactly what we have today, but worse.

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