Social currency anno 2008
"Newspapers have already lost one of their key selling points: Social currency. In 2008, all meaningful political discourse — the essential element of social currency — takes place on the Web."
Dan at Xark in "10 reasons why newspapers won't reinvent news", via Mindy McAdams, who on this particular point says: "If you think he’s exaggerating, then I think you are — sorry to break it to you — one of those people who still hasn’t figured out online. It’s getting a bit late for that now"