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My Dad couldn't get a loan from the bank because he had a bunch of kids and a moderatly paying job. He wasn't able to implement his ideas without capital. First
by labrador 5y ago
My Dad couldn't get a loan from the bank because he had a bunch of kids and a moderatly paying job. He wasn't able to implement his ideas without capital. First generations of immigrants to this country solve this by pooling thier money. Some cultures in America still do this. I'm thinking that web3 is an attempt to recreate those informal pools of captial. GoFundMe, Kickstarter and Patreon were a good start but they still act as gate keepers. I'm just tryint to get a feel for where the enthusiasm is coming from when you look behind the plebes who are getting ripped off to the thinkers with an actual strategy.
- cdrini 5y agoI would highly recommend this Johnny Harris video: https://www.youtube.com/watch?v=v0V_zkng4go https://www.youtube.com/watch?v=v0V_zkng4go . It does a great job of summarizing all the (too many!) points in the debate from a neutral standpoint--including enthusiasm. It's so neutral, that it actually leaves you feeling a little lost at the end :P Which I think is the state of the debate, unfortunately. But it'll probably get you closer to answers than I will--I'm afraid I don't have any.
- labrador 5y agoThis is really well done. Thanks. I should have made it more clear that my focus was on Defi and Dao. Web3 has become a useless and triggering term.