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Cryptos and Web3 are currently there where Web 1.0 was in the nineties. It was silly to order Pizza over the Internet like it was laughable listening to a base

Cryptos and Web3 are currently there where Web 1.0 was in the nineties. It was silly to order Pizza over the Internet like it was laughable listening to a baseball radio transmission over the internet instead using a … radio. LOL 20 years later everybody‘s ordering food over the internet while watching Netflix.

lifeplusplus 5y ago
This is a false statement.
Jasper_ 5y ago
It wasn't silly to order Pizza over the internet. In fact, it was maybe the first example of a web order form on the world wide web [0]. And this is after the existing 20-year widespread success of pizza delivery by phone. I don't know why so many people willfully ignore history here. [0] https://seclists.org/interesting-people/1994/Aug/57 https://seclists.org/interesting-people/1994/Aug/57
- adnzzzzZ 5y ago
  This is like saying it wasn't silly to order pizza using bitcoin 10 years ago. Obviously you can find examples of people doing it and people praising them for it, but it was clearly not the general feeling of the public at the time, just like it isn't the general feeling of the public with cryptos now.
  - acdha 5y ago
    That doesn't match my memory — it was novelty at first but an awful lot of people very quickly figured out that it was nice to be able to order things online, where it's really easy to see what's available and thinking about what you want and saving the time delay of mailing catalog orders or waiting on hold. There was a generational divide, of course, but while a few old people made jokes by the mid-90s it was normal for non-tech people to talk about online ordering or stock trading. The difference is that online ordering was useful: it was easier, saved time, and businesses loved that it was cheaper, reduced errors, and avoided needing to pay people in phone banks to avoid busy signals. If you built things on the web, you had clients beating down your door from all kinds of businesses because they and their customers saw immediate benefits from adopting it. In contrast, that Bitcoin pizza buyer was going against the grain of a deflationary currency — they paid a processing fee to use a more difficult, slower process to order a pizza and the deflationary model means that they were taking a long-term loss versus holding it — and a decade later, the vast majority of people still have no benefit to using a cryptocurrency.
lmm 5y ago
And yet it's had what, 10 years, and it's still all dumb or criminal or both. I've always said the better nineties analogy is to all the Second Life islands being sold for millions of dollars or whatever. Eventually the hype died down and it became irrelevant even though it never went away as such.

lifeplusplus 5y ago

This is a false statement.

Jasper_ 5y ago

It wasn't silly to order Pizza over the internet. In fact, it was maybe the first example of a web order form on the world wide web [0]. And this is after the existing 20-year widespread success of pizza delivery by phone. I don't know why so many people willfully ignore history here. [0] https://seclists.org/interesting-people/1994/Aug/57 https://seclists.org/interesting-people/1994/Aug/57

adnzzzzZ 5y ago
This is like saying it wasn't silly to order pizza using bitcoin 10 years ago. Obviously you can find examples of people doing it and people praising them for it, but it was clearly not the general feeling of the public at the time, just like it isn't the general feeling of the public with cryptos now.
- acdha 5y ago
  That doesn't match my memory — it was novelty at first but an awful lot of people very quickly figured out that it was nice to be able to order things online, where it's really easy to see what's available and thinking about what you want and saving the time delay of mailing catalog orders or waiting on hold. There was a generational divide, of course, but while a few old people made jokes by the mid-90s it was normal for non-tech people to talk about online ordering or stock trading. The difference is that online ordering was useful: it was easier, saved time, and businesses loved that it was cheaper, reduced errors, and avoided needing to pay people in phone banks to avoid busy signals. If you built things on the web, you had clients beating down your door from all kinds of businesses because they and their customers saw immediate benefits from adopting it. In contrast, that Bitcoin pizza buyer was going against the grain of a deflationary currency — they paid a processing fee to use a more difficult, slower process to order a pizza and the deflationary model means that they were taking a long-term loss versus holding it — and a decade later, the vast majority of people still have no benefit to using a cryptocurrency.

lmm 5y ago

And yet it's had what, 10 years, and it's still all dumb or criminal or both. I've always said the better nineties analogy is to all the Second Life islands being sold for millions of dollars or whatever. Eventually the hype died down and it became irrelevant even though it never went away as such.