I have given some thought to this problem and I think it's technically solvable. The main problem is that it would be non-profit so less incentive to build it. Anyone want to kick around ideas?
Bitcoin started as a non-profit (obviously not technically but my point is, cryptocurrencies allow you to leverage and trade value created without external money)
Yes but a cryptocurrency only makes sense for certain use cases. In this case, the token would have to serve some sort of useful function related to the social network.
What does any of that have to do with a social network? I've got other ideas for commercial ventures, this thread is about the idea of a decentralized social network. In other words, separating the social from the commercial.
the social networks are held up by inefficient marketplaces.
kind of like how amazon screws over best buy. the networks can't stay afloat if most everyone uses the social networks resource then goes to a fair efficient marketplace to buy goods/services because the prices are cheaper and easier more convenient for users. and the prices are cheaper because they don't pay an advertising tax which funds all the free useless videos.