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I’m not familiar with how your last line applies. The main answer is that these concepts dont go away and will continue even in a world without ubiquitous inte

I’m not familiar with how your last line applies. The main answer is that these concepts dont go away and will continue even in a world without ubiquitous internet as making a couple computers communicate doesnt go away.

bawolff 5y ago
For background on the quote, see https://en.m.wikipedia.org/wiki/We_will_bury_you https://en.m.wikipedia.org/wiki/We_will_bury_you but basically, it meant, the ideas of communism are inevitable, it doesn't matter what you do, the concepts aren't going away and eventually it will prevail, so we're happy to just wait it out (didn't quite work out that way) I see the same kind of, history is on our side so we can't fail, attitude here. And you're right, the "idea" of a blockchain isn't going to be forgotten anymore then the idea of the internet would be. However that doesn't mean web3 is going to succede in its rather undefined vision. It would be like saying the internet won't be forgotten and extrapolating facebook's future stock price. Or to use a digital cash analogy. The idea of digicash was not forgotten, but yet it still went under.
- vmception 5y ago
  Okay that’s good context, now objectively what do you think about it on this topic and does it matter? What do you think it having the possibility of failing has to do with whether you spend time on it or being quizzical about the people that do? This isnt as simple as the LA Mayor’s response as mentioned in the above article, where he basically said “we’ll live our lives not bothering each other instead”, as we are all capitalists here there is alot of alpha. The alpha is built in seamlessly to your contributions, if you build. If you build you exercise a sentiment towards a world you want to exist, even if the technology stack does not allow it to succeed. And yet you make enough money. So you make enough money working on something you believe in. If the possibility of the technology being the limitation is your issue with it, then just call it entertainment. The entertainment industry, and that has unambiguous value too.

bawolff 5y ago

For background on the quote, see https://en.m.wikipedia.org/wiki/We_will_bury_you https://en.m.wikipedia.org/wiki/We_will_bury_you but basically, it meant, the ideas of communism are inevitable, it doesn't matter what you do, the concepts aren't going away and eventually it will prevail, so we're happy to just wait it out (didn't quite work out that way) I see the same kind of, history is on our side so we can't fail, attitude here. And you're right, the "idea" of a blockchain isn't going to be forgotten anymore then the idea of the internet would be. However that doesn't mean web3 is going to succede in its rather undefined vision. It would be like saying the internet won't be forgotten and extrapolating facebook's future stock price. Or to use a digital cash analogy. The idea of digicash was not forgotten, but yet it still went under.

vmception 5y ago
Okay that’s good context, now objectively what do you think about it on this topic and does it matter? What do you think it having the possibility of failing has to do with whether you spend time on it or being quizzical about the people that do? This isnt as simple as the LA Mayor’s response as mentioned in the above article, where he basically said “we’ll live our lives not bothering each other instead”, as we are all capitalists here there is alot of alpha. The alpha is built in seamlessly to your contributions, if you build. If you build you exercise a sentiment towards a world you want to exist, even if the technology stack does not allow it to succeed. And yet you make enough money. So you make enough money working on something you believe in. If the possibility of the technology being the limitation is your issue with it, then just call it entertainment. The entertainment industry, and that has unambiguous value too.