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"I can get my favorite articles delivered to my door, I can watch my sports games live, I can talk to my parent's across country instantly and cheaply over the

"I can get my favorite articles delivered to my door, I can watch my sports games live, I can talk to my parent's across country instantly and cheaply over the phone. Try doing any of that with 'the internet.'" Sometimes you're just early, bud.

majewsky 5y ago
How many more decades until we're there? Scale comparison: Cryptocurrency-based technology has been publicly available for at least 12 years now. If I place initial public availability of the web at about 1992, we're currently in the equivalent of 2004, when two of the three described usecases were already widely available in developed nations. Amazon was maybe not a household name yet, but e-commerce was already an accepted purchasing model for several product categories, and Skype gave the world very cheap international phone calls. Only the video usecase was still terrible because of the available bandwidth.
- deleted 5y ago
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- bidder33 5y ago
  DEXs(uniswap), Auction Houses(zora), Community Voting Systems(snapshot), Reputation and trust networks(circles), public goods funding(clr.fund), self publishing and fundraising(mirror, and now kickstarter), e2ee messaging and chat rooms(status/whisper), ubi and sybil resistance(proofofhumanity). These are all things I and lots of others are interacting with pretty much daily, it doesnt get so much coverage because its not all speculation and imo what people are actually angry about with crypto is more exposure to abusive capitalism games, money is a painful trauma so more of it in new forms is hard to imagine as positive. But there is plenty of useful stuff being built and I think it is progressing pretty well. 5 years ago the ideas of rights management combined with open distribution (rather than DRM that locks down distribution) was a strange idea we didnt know how to make work, now NFTs are mainstream. In 2004 i was downloading textures and skins for the sims and xplane, and joining forums to chat and share music. Then there was a while imo where the internet felt dominated by facebook/google/youtube, but the past couple of years ive sunk into smaller communities making things in crypto/web3 and its fun and exciting. I spend most of my online time in that space. It feels more like being in a WoW guild than using twitter. There is profit/loss and speculation that excites/angers the masses, but theres also the best online communities ive ever been a part of, doing things like making games and custom skins and sharing music. Some things change and some things stay the same. Im pretty positive on the idea that making new tools, providing permissionless access, and building it with free open source software, people can do neat and surprising things. Till then people will see what they want to see, because its all there. Sturgeons law etc
bcrosby95 5y ago
Early work on the internet was in the 1960s. Much of that stuff you're talking about didn't happen until 40-50 years later. So what you're saying is I'll likely be dead before I see any tangible benefit from all this hubub? Which is kinda cool. But also kinda depressing.
bushbaba 5y ago
I disagree. When email came out it was HUGE. You were previously unable to send a message in seconds to a party around the globe. With e commerce you could view a dynamic catalog and place an order without a painful lengthy phone call. Cryptos biggest innovation is not being a bank account. But DeFI. Uniswap is huge! And it solves a real pain. Crypto margin loans solve a real pain. But crypto is not by any stretch better than a dollar for my day to day life.

majewsky 5y ago

How many more decades until we're there? Scale comparison: Cryptocurrency-based technology has been publicly available for at least 12 years now. If I place initial public availability of the web at about 1992, we're currently in the equivalent of 2004, when two of the three described usecases were already widely available in developed nations. Amazon was maybe not a household name yet, but e-commerce was already an accepted purchasing model for several product categories, and Skype gave the world very cheap international phone calls. Only the video usecase was still terrible because of the available bandwidth.

deleted 5y ago
[deleted]
bidder33 5y ago
DEXs(uniswap), Auction Houses(zora), Community Voting Systems(snapshot), Reputation and trust networks(circles), public goods funding(clr.fund), self publishing and fundraising(mirror, and now kickstarter), e2ee messaging and chat rooms(status/whisper), ubi and sybil resistance(proofofhumanity). These are all things I and lots of others are interacting with pretty much daily, it doesnt get so much coverage because its not all speculation and imo what people are actually angry about with crypto is more exposure to abusive capitalism games, money is a painful trauma so more of it in new forms is hard to imagine as positive. But there is plenty of useful stuff being built and I think it is progressing pretty well. 5 years ago the ideas of rights management combined with open distribution (rather than DRM that locks down distribution) was a strange idea we didnt know how to make work, now NFTs are mainstream. In 2004 i was downloading textures and skins for the sims and xplane, and joining forums to chat and share music. Then there was a while imo where the internet felt dominated by facebook/google/youtube, but the past couple of years ive sunk into smaller communities making things in crypto/web3 and its fun and exciting. I spend most of my online time in that space. It feels more like being in a WoW guild than using twitter. There is profit/loss and speculation that excites/angers the masses, but theres also the best online communities ive ever been a part of, doing things like making games and custom skins and sharing music. Some things change and some things stay the same. Im pretty positive on the idea that making new tools, providing permissionless access, and building it with free open source software, people can do neat and surprising things. Till then people will see what they want to see, because its all there. Sturgeons law etc

bcrosby95 5y ago

Early work on the internet was in the 1960s. Much of that stuff you're talking about didn't happen until 40-50 years later. So what you're saying is I'll likely be dead before I see any tangible benefit from all this hubub? Which is kinda cool. But also kinda depressing.

bushbaba 5y ago

I disagree. When email came out it was HUGE. You were previously unable to send a message in seconds to a party around the globe. With e commerce you could view a dynamic catalog and place an order without a painful lengthy phone call. Cryptos biggest innovation is not being a bank account. But DeFI. Uniswap is huge! And it solves a real pain. Crypto margin loans solve a real pain. But crypto is not by any stretch better than a dollar for my day to day life.