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I hope you and your machete of common sense are not allowed into any meetings to ruin any big deals! billions are being raised right now to do web3 things, whic
by MrMan 5y ago
I hope you and your machete of common sense are not allowed into any meetings to ruin any big deals! billions are being raised right now to do web3 things, which we dont know what they are. who are you to ruin this ecstasy of grift?
what scares me is that I dont really have any idea of what the really good useful investable things are underlying all this bullshit, because I trained up in computer programming and time series analysis and trading and machine learning not crypto. so while I can squint and see that like in authentication maybe, or maybe tokenizing assets, or maybe that distributed name service, some of it is interesting, but why are we putting billions into all this crap instead of electrolysis or better fission reactors, or biotech to create chemicals without oil, or ammonia, we are investing in this behavioral social tech which feeds off of, and amplifies, our worst social traits?
it doesn't even help us with our number one collective behavioral shortcoming which is how to reach consensus about externalized problems. it just encourages more externalization so that VCs can make money. I love money but I dont like society choosing only to solve the easy problems while neglecting everything else.
I dont think we can live in crypto fantasy land for example while all the new supply chain problems create real new challenges which require trillions of investment to fix. "how I pay for things" kind of pales in comparison to "why cant we manufacture electronics"
Maybe I am wrong