4 ms·

A way better web3 take was posted earlier today. This is just hyperbole, some sort of self-hating tech worker thing, and bad thinking. Honestly it’s fantastic t

A way better web3 take was posted earlier today. This is just hyperbole, some sort of self-hating tech worker thing, and bad thinking. Honestly it’s fantastic to compare the two and see just how useless this blog post is. The better take https://news.ycombinator.com/item?id=29845208 https://news.ycombinator.com/item?id=29845208

Zetaphor 5y ago
This was posted written by someone who is known in the space for being a Bitcoin maximalist. This take is hardly surprising
- deleted 5y ago
  [deleted]
- CryptoPunk 5y ago
  Cobie is not known to be a Bitcoin maximalism. If anything, most of his support is behind Ethereum. He just has a healthy dose of skepticism about much of what is happening in the Web3/not-Web3 space.
  - tata71 5y ago
    You are a true crypto punk — gm
- ShamelessC 5y ago
  > This take is hardly surprising *to crypto enthusiasts.
chrisco255 5y ago
The difference is Cobie is a 9 year veteran in the space versus Moxie by his own admission being new to the space. It's not hyperbole, it's pretty grounded, with the conclusion "Web3 doesn’t really exist yet." Which is absolutely true. "I think open, transparent and permissionless systems replacing trusted central authorities is good for the world and can rebalance and decentralize power. I’m hopeful that the financial exuberance in crypto markets can attract brilliant minds away from selling people ads to instead build a more equitable and cooperative future. But I ain’t gonna be surprised if crypto founders are too rich to care anymore and the new web gets built by late-stage capitalism greedcorps that make you buy a fractionalised micropayment NFT on Cardano to operate your electric toothbrush."
- sollewitt 5y ago
  > "I think open, transparent and permissionless systems replacing trusted central authorities is good for the world and can rebalance and decentralize power. Does this not just shift the power to people who can manipulate the zeitgeist? I imagine a Tucker Carlson demagogue but with the ability to materially affect machinery with economic and social consequences. Imagine things like publicly shaming and doxing everyone who owns the wrong kind of NFT, or is a stakeholder in the wrong kind of enterprise. > I’m hopeful that the financial exuberance in crypto markets can attract brilliant minds away from selling people ads to instead build a more equitable and cooperative future. 1) The people I know who are genuinely fighting for equity are not attracted by the promise of riches. The financial exuberance actively attracts the wrong crowd. 2)I'm also interested in addressing inequity, but if one were to seriously try to build systems with equity and cooperation as goals, why would blockchain technology be a good choice knowing what we know in 2022?
  - tata71 5y ago
    > Imagine things like publicly shaming and doxing everyone who owns the wrong kind of NFT You've never seen a viral video of a poor child in a school being harassed for wearing a pair of shoes that weren't adequately cool?
    - y4mi 5y ago
      you're arguing with a straw man because the equivalent would be to automatically harass everyone which ever bought this kind of shoes or maybe even had the audacity to buy second hand This is something that doesn't really translate well between the online world and real life, because the mob mentality is the default on the web. That's not the case for real life thankfully - at least not where I live.
  - tata71 5y ago
    > Does this not just shift the power to people who can manipulate the zeitgeist? If you mean those who can read and write well, then yes.
  - 5y ago

Zetaphor 5y ago

This was posted written by someone who is known in the space for being a Bitcoin maximalist. This take is hardly surprising

deleted 5y ago
[deleted]
CryptoPunk 5y ago
Cobie is not known to be a Bitcoin maximalism. If anything, most of his support is behind Ethereum. He just has a healthy dose of skepticism about much of what is happening in the Web3/not-Web3 space.
- tata71 5y ago
  You are a true crypto punk — gm
ShamelessC 5y ago
> This take is hardly surprising *to crypto enthusiasts.

chrisco255 5y ago

The difference is Cobie is a 9 year veteran in the space versus Moxie by his own admission being new to the space. It's not hyperbole, it's pretty grounded, with the conclusion "Web3 doesn’t really exist yet." Which is absolutely true. "I think open, transparent and permissionless systems replacing trusted central authorities is good for the world and can rebalance and decentralize power. I’m hopeful that the financial exuberance in crypto markets can attract brilliant minds away from selling people ads to instead build a more equitable and cooperative future. But I ain’t gonna be surprised if crypto founders are too rich to care anymore and the new web gets built by late-stage capitalism greedcorps that make you buy a fractionalised micropayment NFT on Cardano to operate your electric toothbrush."

sollewitt 5y ago
> "I think open, transparent and permissionless systems replacing trusted central authorities is good for the world and can rebalance and decentralize power. Does this not just shift the power to people who can manipulate the zeitgeist? I imagine a Tucker Carlson demagogue but with the ability to materially affect machinery with economic and social consequences. Imagine things like publicly shaming and doxing everyone who owns the wrong kind of NFT, or is a stakeholder in the wrong kind of enterprise. > I’m hopeful that the financial exuberance in crypto markets can attract brilliant minds away from selling people ads to instead build a more equitable and cooperative future. 1) The people I know who are genuinely fighting for equity are not attracted by the promise of riches. The financial exuberance actively attracts the wrong crowd. 2)I'm also interested in addressing inequity, but if one were to seriously try to build systems with equity and cooperation as goals, why would blockchain technology be a good choice knowing what we know in 2022?
- tata71 5y ago
  > Imagine things like publicly shaming and doxing everyone who owns the wrong kind of NFT You've never seen a viral video of a poor child in a school being harassed for wearing a pair of shoes that weren't adequately cool?
  - y4mi 5y ago
    you're arguing with a straw man because the equivalent would be to automatically harass everyone which ever bought this kind of shoes or maybe even had the audacity to buy second hand This is something that doesn't really translate well between the online world and real life, because the mob mentality is the default on the web. That's not the case for real life thankfully - at least not where I live.
- tata71 5y ago
  > Does this not just shift the power to people who can manipulate the zeitgeist? If you mean those who can read and write well, then yes.
- 5y ago