Posted 5 years ago on April 11, 2012, 2:03 p.m. EST by mserfas
from Ashland, PA
This content is user submitted and not an official statement
I just read http://www.bbc.co.uk/news/business-17666032 , which described Facebook's buyout of a pointless "App" with zero income named Instagram for one BILLION dollars. It describes the transaction as Facebook buying out a competitor and most importantly buying a set of users at $28 a user. The article says that Facebook itself (which somehow makes money) is worth $118 a user.
The question this brings to mind, of course, is the vast profusion of Occupy web sites, starting here but spreading out in every direction to cities all over the world. A huge number of users reading these things. Yet the feeling is as if running these websites is a mere chore, not a way to make money.
Why not? Isn't there a whole counterculture full of useful products and services that could advertise? Aren't there countless other publications to funnel users into? I would think that these sites would be able to mint money by the same magic as Facebook. And really, the basis of all money seems to be magic - sometimes I'm not sure if it's stage magic or the real deal, but things like Bitcoin and the "Million Dollar Homepage" use the same inexplicable arts by which great states put ink on paper despite their debts and turn it into the means of social control.
Think of all the websites and forums people visit, which we so often assume are without value. Is there a way by which the free, open, uncensored, unintimidated conversations of people serving their own purposes can, by collective leaderless action, without shaman or CEO to guide them, nonetheless create significant amounts of wealth for the common people?