Immediately I’m put off by the idiotic name. Then I learned it is from Jack Dorsey and had to force myself to read further. (Anyone who thinks bitcoin is a good idea and who convinced VC to fund something as fucking brain-dead as Twitter immediately falls under the “sus” category for me.)
But the idea of decentralized social media is something I like, obviously (I would not have imagined KEG without agreeing).
The biggest obvious flaw, as usual, is assuming that everyone participating has a computer. 40% of the world still makes less than 2 dollars a day and has no Internet access. How are they going to participate? They cannot have a flash drive to offline their communications and bring it to the village library or computer hub. They are—once again—left out of consideration by the billionaire assholes with “great ideas” like micro-blogging your bowel movements.
I’m not interested. Get back with me when you have something that considers all the world’s population.