4 ms·
Counter take: they are building a brand new infrastructure that will replace, little by little, the existing finance infrastructure. It is just one of the many
by csdvrx 5y ago
Counter take: they are building a brand new infrastructure that will replace, little by little, the existing finance infrastructure. It is just one of the many ways that "software is eating the world".
It is very hard for someone to understand something when them drawing a salary depends on NOT understanding it. Like how desktop apps developers saw HTML then javascript being just a fad, or getting horrified at the terrible performance of say early webmail. They were right on the latter (at least initially) but dead wrong on the former! Look at v8 performance now, and see how most issues have been fixed, because it made financial sense to do so, to support new usecases. And new stuff keeps coming like webasm.
You can't fight progress. You might dislike it and wave your first at the sky, while the new generation moves along and chuckles at this foolishness.
I predict for coders who refuse to deal with crypto the same bright future that coders who refused to touch web stuff got: they will slowly make themselves irrelevant until they hit retirement age. Someone who only does MFC apps in Visual Basic might still find a job, sure! And it's good for them! But ultimately, it doesn't matter, as there will be 10x then 100x more that will have fewer moral issues using languages or framework that need work getting done, until a rewrite of the old (yet still perfectly good) stuff is decide because it's become a liability to support old tech that almost nobody understands anymore or can be hired to fix if needed.
- KptMarchewa 5y ago>It is very hard for someone to understand something when them drawing a salary depends on NOT understanding it. That's a hilarious spin on the fact that every crypto spammer is pushing the crypto propaganda solely because they have financial stake in it.
- csdvrx 5y agoThere are spammers and fraudsters everywhere. They sheer number usually is a good metric to evaluate the hotness of a technology and unserved wants.
- DangitBobby 5y agoMy salary doesn't depend on Blockchain and I definitely still don't get it. But hey, if I have to learn it, I will. So far no one has asked me to build anything that involves a Blockchain.
- Comevius 5y agoI dabble in cryptography. 95% of the cryptocurrency landscape is marketing, the rest is a few Rust libraries. With all the hype you would expect a renaissance period of cryptography, but it's mostly bullshit artists copypasting and most of the progress still happens outside of crypto. Crypto enthusiasts generally are not as interested in moon math or society, as they are in good old USD. This is a green pasture, so people are excited, but they are excited about Italian supercars. "software is eating the world" This is just an indirection used to transfer wealth. A trick as old as humanity, mysticism, a magic talisman, snake oil, and now the blockchain, all used on greedy or desperate people. Cryptocurrencies are like selling a dream to someone for their juicy steak, and we are running out of steaks, so the tricksters are out for fools. Software may be eating the world, but you can't eat software. Progress can only happen by working together on things that matter, not by competing for dwindling resources. We will however have to compete for those resources, this will be increasingly our reality unfortunately.