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I don't understand why the message ends up "let's go crypto" and not "make protocols, not startups". He started by talking about the good old days. He clearly
by keyle 5y ago
I don't understand why the message ends up "let's go crypto" and not "make protocols, not startups".
He started by talking about the good old days. He clearly identifies the issues of crypto and that there was nothing wrong with open protocols besides speed to market (which is easier to fix than the snafu of crypto)
He identified Wikipedia vs Encarta and Wikipedia is a success but has nothing to do with crypto.
There are so many issues with blockchains compared to publishing RFCs and pushing an opensource client as a scout... it boggles my mind.
- cblconfederate 5y agoexisting protocols were not built around identity, but the new ones do, and in order to avoid the centralization that is inherent to identity, they have rely on blockchains or something equivalent (which doesnt exist), hence the crypto connection. It doesnt have to involve money, but the solutions are equivalent. E.g. metamask can be a wallet or an authentication mechanism.
- largely_sitting 5y agoIdentity can always be botted and forged.