# Eugene Wei - Status as a Service (Highlights) ![rw-book-cover|256](https://readwise-assets.s3.amazonaws.com/static/images/article3.5c705a01b476.png) ## Metadata **Review**:: [readwise.io](https://readwise.io/bookreview/20568123) **Source**:: #from/readwise **Zettel**:: #zettel/fleeting **Status**:: #x **Authors**:: [[Eugene Wei]] **Full Title**:: Status as a Service **Category**:: #articles #readwise/articles **Category Icon**:: 📰 **URL**:: [www.eugenewei.com](https://www.eugenewei.com/blog/2019/2/19/status-as-a-service) **Host**:: [[www.eugenewei.com]] **Highlighted**:: [[2022-11-10]] **Created**:: [[2022-11-17]] ## Highlights - "Come for the tool, stay for the network" wrote Chris Dixon, in perhaps the most memorable maxim for how this works. ^412620863 - As with cryptocurrency, if it were so easy, it wouldn't be worth anything. Value is tied to scarcity, and scarcity on social networks derives from proof of work. Status isn't worth much if there's no skill and effort required to mine it. ^412620864