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I 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
by Comevius 5y ago
I 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.