Free speech has always been a central issue to those expressing their opinions, and strong platforms are pivotal to authors and journalists. This is especially true for those whom writing is the main source of income. Every institution is run by humans, and humans are inherently political, or at least that’s true according to Aristotle.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Recently, some of the most outspoken journalists have left established newspapers in favor of less centralized publishing platforms, like Substack. These allow the creator to generate their own audience and monetize their work.
An outspoken figure himself, Jack Dorsey, CEO of Block (SQ), recently endorsed a nascent platform for creators, Ghost.org. In his late-night tweet, Dorsey argued that the freedom Ghost provides is more valuable than “the payment you get from substack inc.”
Ghost is a non-profit organization that is beholden to its users and creators, “rather than shareholders or investors,” according to its website. Dorsey’s tweet also noted that Substack has a “centralized dependency on Stripe,” as opposed to Ghost’s Bitcoin (BTC) Lightning integration payment transaction system, which operates with blockchain technology.
Dorsey has long been a proponent of cryptocurrency and its applications, and has been highly outspoken in regard to Web3 and the importance of a content creator economy. His company Block, Inc., has made heavy investments in Bitcoin and has integrated various decentralized financial services. Thus, it makes sense that Dorsey would endorse Ghost over Substack.
Download the TipRanks mobile app now
To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Read full Disclaimer & Disclosure