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I cringe so hard when I see someone with these type of opinions. Why you just don't shut up. If it actually doesn't change the world, you were just one of the

I cringe so hard when I see someone with these type of opinions. Why you just don't shut up. If it actually doesn't change the world, you were just one of the critics, if it actually does, the size of the change will be the same as the size of your foolness.

DanHulton 5y ago
Right? All those people who spoke out about Madoff's scheme look like IDIOTS now, just one of the critics. It's the ones who were hyping him up even as federal charges were being laid that were real geniuses. /sarcasm "Web3" needs MORE critics, not fewer. With brand-new multi-million dollar consequence-free hacks, rug-pulls, and general pyramid schemery happening seemingly on the daily, the critics need to be _louder_ than all of the hucksters and deluded hopefuls.
- traveler01 5y ago
  > "Web3" needs MORE critics, not fewer. With brand-new multi-million dollar consequence-free hacks, rug-pulls, and general pyramid schemery happening seemingly on the daily, the critics need to be _louder_ than all of the hucksters and deluded hopefuls. So... in your opinion something deserves to be critizised because people use it for crimes? So, FIATs should also be critized because of that? Since people have been using those to commit all sort of crimes for decades. Your argument is kinda invalid because it says a technology should be critized because someone are using to commit crimes.
  - traveler01 5y ago
    Don't take me wrong, I'm all in for you to critize it, but using those arguments it's pretty much saying everything, even the e-mail could be criticized for that.
  - UncleMeat 5y ago
    > FIATs Where did this trend of capitalizing this in crypto communities come from? It isn't an acronym or initialism. Is this some kind of weird shibboleth?
    - recursive 5y ago
      The car manufacturer by that name stylizes its logo in all caps. Presumably this is just shorthand for using FIAT as an example of a dinosaur technology company that hasn't seen the light of web3.
      - traveler01 5y ago
        https://www.investopedia.com/terms/f/fiatmoney.asp https://www.investopedia.com/terms/f/fiatmoney.asp
        recursive 5y ago
        That presents the word "Fiat" in mixed case, offering no clues why some might write it as "FIAT" when they've proven to otherwise be capable of using lowercase characters.
  - criddell 5y ago
    For physical currency, there's the example of the 500 euro bank note that was eliminated because it was used mostly often in crime. Now there are call for the US $100 to be eliminated for the same reason.
- TAKEMYMONEY 5y ago
  Web3 needs specific, reasoned criticism. "Wormhole was not secure" is clearly a valid criticism. "How did Wormhole get hacked, and how do we stop it from happening again?" is a great question. "Ransomware and drug dealers!" is the depth of discussion we expect from TV news or Facebook.
notreallyserio 5y ago
The main concern I have about the viability of web3 is the common reactions I see to criticism of it. It sounds to me like it is an idea that is barely holding on.
- traveler01 5y ago
  New technology having lot's of criticism it's normal, specially in a super-connected world that we have today. I'm no proponent or opponent to Web3, I'm just waiting to see if any sort of good will come out of it.
- birracerveza 5y ago
  As of now, web3 does not yet exist. It's just a bunch of hastily thrown together scams, pyramid schemes and outright dumb stuff like monkey jpegs, all of which is hosted on AWS. The underlying infrastructure for the "ideal" Web3 is still being built. A lot of projects are still underway, and there's a LOT of work to do before we'll see truly groundbreaking stuff. But that, of course, takes time. What does NOT take time is creating a website, slapping metamask integration on it to sell monkey jpegs for millions via wash trading and use web3 as a marketing buzzword.

DanHulton 5y ago

Right? All those people who spoke out about Madoff's scheme look like IDIOTS now, just one of the critics. It's the ones who were hyping him up even as federal charges were being laid that were real geniuses. /sarcasm "Web3" needs MORE critics, not fewer. With brand-new multi-million dollar consequence-free hacks, rug-pulls, and general pyramid schemery happening seemingly on the daily, the critics need to be _louder_ than all of the hucksters and deluded hopefuls.

traveler01 5y ago
> "Web3" needs MORE critics, not fewer. With brand-new multi-million dollar consequence-free hacks, rug-pulls, and general pyramid schemery happening seemingly on the daily, the critics need to be _louder_ than all of the hucksters and deluded hopefuls. So... in your opinion something deserves to be critizised because people use it for crimes? So, FIATs should also be critized because of that? Since people have been using those to commit all sort of crimes for decades. Your argument is kinda invalid because it says a technology should be critized because someone are using to commit crimes.
- traveler01 5y ago
  Don't take me wrong, I'm all in for you to critize it, but using those arguments it's pretty much saying everything, even the e-mail could be criticized for that.
- UncleMeat 5y ago
  > FIATs Where did this trend of capitalizing this in crypto communities come from? It isn't an acronym or initialism. Is this some kind of weird shibboleth?
  - recursive 5y ago
    The car manufacturer by that name stylizes its logo in all caps. Presumably this is just shorthand for using FIAT as an example of a dinosaur technology company that hasn't seen the light of web3.
    - traveler01 5y ago
      https://www.investopedia.com/terms/f/fiatmoney.asp https://www.investopedia.com/terms/f/fiatmoney.asp
      - recursive 5y ago
        That presents the word "Fiat" in mixed case, offering no clues why some might write it as "FIAT" when they've proven to otherwise be capable of using lowercase characters.
- criddell 5y ago
  For physical currency, there's the example of the 500 euro bank note that was eliminated because it was used mostly often in crime. Now there are call for the US $100 to be eliminated for the same reason.
TAKEMYMONEY 5y ago
Web3 needs specific, reasoned criticism. "Wormhole was not secure" is clearly a valid criticism. "How did Wormhole get hacked, and how do we stop it from happening again?" is a great question. "Ransomware and drug dealers!" is the depth of discussion we expect from TV news or Facebook.

notreallyserio 5y ago

The main concern I have about the viability of web3 is the common reactions I see to criticism of it. It sounds to me like it is an idea that is barely holding on.

traveler01 5y ago
New technology having lot's of criticism it's normal, specially in a super-connected world that we have today. I'm no proponent or opponent to Web3, I'm just waiting to see if any sort of good will come out of it.
birracerveza 5y ago
As of now, web3 does not yet exist. It's just a bunch of hastily thrown together scams, pyramid schemes and outright dumb stuff like monkey jpegs, all of which is hosted on AWS. The underlying infrastructure for the "ideal" Web3 is still being built. A lot of projects are still underway, and there's a LOT of work to do before we'll see truly groundbreaking stuff. But that, of course, takes time. What does NOT take time is creating a website, slapping metamask integration on it to sell monkey jpegs for millions via wash trading and use web3 as a marketing buzzword.