Ever since the reveal of what was LeoFinance's "Project Blank" as the now operational InLeo "Threads," I've seen a lot of posts and conversations about this whole concept of "microblogging," and how the associated "micropayments" will become the future of how people earn under this new "Web 3.0" paradigm.

On paper, it all sounds great and very promising!

But whereas I definitely do feel a good bit of enthusiasm, there's also a point a which some semblance of reality sets in and takes over my mind.

Micropayments...

That sounds great, but most people's living expenses are anything but micro. For a great many households in the USA, even the *very basic cost of being alive (housing, food, communications, insurance) ends up being something on the order of at least US $100 per day. And that's an amount of what you need to have available for your bills after income and social security tax has been deducted.

Now, let's get back to "micropayments."

There's little doubt in my mind that there definitely are some people for whom this could become a reality! Heck, there are probably at least a handful of people here on Hive who are earning $100+ a day from posting, engraging and curating.

But that's a handful. Not millions.

"Yeah, but people would draw on multiple sources!"

Fair enough. But I still can't help but think that a rather stout version of the Pareto Principle (or the 80/20 law) will will take over the Web 3.0 space, just like it exists on Web 2.0 and even Web 2.5.

Humans have a way of creating systems that allegedly should "work for EVERYone," yet they end up resulting in a small number of dominant players and a giant "underclass" who are struggling to scrape by.

I worry, sometimes, that the whole "Web 3.0" thing is being seen as a bit too much of a "magic unicorn" that broadly ignores the reality of the entire human condition. My cynicism stems even from relatively recent examples... such as the many idealists who seemed to think that "blockchain technology" was somehow the solution to almost all our problems... but IGNORING the fact that simply having blockchain technology does not exempt anyone from the shadier aspects of human nature!

I would enjoy nothing more than being able to "be a blogger and cat photographer for a living," but I struggle to find anything realistic within such a proposition.

Certainly, I'm game for being onboard with doing so and ending up with a some loose change to buy a bag od cat food now and then... but how far beyond that can we effectively go?

Are human beings even wired to think in terms of "everyone being OK?"

Not claiming to have any brilliant answers here... just exploring some of these questions, as I try to learn more and more about the future scenarios being batted around!

Thanks for visiting and having a look at my blog, and till the next one!

=^..=

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