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I don't think that's GP's conclusion. GP's conclusion is that crypto is rooted in real innovation and the noise surrounding it gives the false impression that t

by baby 5y ago

I don't think that's GP's conclusion. GP's conclusion is that crypto is rooted in real innovation and the noise surrounding it gives the false impression that the tech is just a scam.

_bfhp 5y ago
...relying on the evidence-free invention of not merely some specific fictional benefits of the technology, but a category of material improvements in the world: > And a whole bunch of problems who we don't even realize exist that can one day be solved
tbabb 5y ago
It's not clear that the impression is false.
- baby 5y ago
  I’m working in the middle of the field so I might be biased, there’s incredible innovation
  - deleted 5y ago
    [deleted]
  - tbabb 5y ago
    "Innovation" and "scam" are not incompatible.
xchaotic 5y ago
and what is that 'real innovation' exactly? Writing checksums of everything in multiple copies, very slowly? Databases had these features for decades.
- baby 5y ago
  I don’t know you could, like, read about it? A few keywords: threshold signatures, zk-snarks, consensusless protocols, byzantine fault tolerant protocols, vrf, vdf, starks, bls