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Ethereum et al are toy systems. We're only barely scratching the surface of what we can do with them. The early Internet was a toy system, and look how it bloss

Ethereum et al are toy systems. We're only barely scratching the surface of what we can do with them. The early Internet was a toy system, and look how it blossomed into this marvel we call the The (modern) Internet. Failure is an opportunity to start again more intelligently. I have no doubt the Internet will eventually become distributed and decentralized. Just add time and political will.

koehr 5y ago
The misconception here is that the internet is not decentralized. The original idea of the internet is to be decentralized. There are just very large centralized silos built on top of its structure.
- freedomben 5y ago
  I think you and GP are both right. The original idea and design of the internet is decentralized, but we're at a point where it's pretty hard to do that. Email being the best example. I'm quite the self-hoster and I've self-hosted email before, but even I pay for it now because unless you own your IP address and have invested years into building reputation, deliverability is abysmal. And one accidental click of "this is spam" by a recipient and your reputation is shot to hell. So philosophical you're right, it's decentralized. But practically, it's more complicated.
warpech 5y ago
> The early Internet was a toy system, and look how it blossomed into this marvel we call the The (modern) Internet. Not really. The early Internet was a tool for the army and the academia. Web3, so far, is a tool for speculants.
- can16358p 5y ago
  Regular money and computers can be tool for many, including bad actors too. Just because it's an open platform that makes speculative assets emerge doesn't mean the underlying technology and philosophy has great potential. I'm pretty much sure that the killer app of crypto is not here yet, and when it is here, it will change many views.
  - creata 5y ago
    > I'm pretty much sure that the killer app of crypto... when it is here... will change many views. What convinced you?
    - can16358p 5y ago
      Convinced? I've been in crypto since 2013 and see where things are going. Also living in a corrupted country with lots of state control over media and money, I see how taking back control would change the society and dynamics.
dmitriid 5y ago
> The early Internet was a toy system, and look how it blossomed into this marvel Juicero was also a toy system, and it crashed and burned. What (except wishful thinking) makes you think crypto is the Internet and not Juicero

koehr 5y ago

The misconception here is that the internet is not decentralized. The original idea of the internet is to be decentralized. There are just very large centralized silos built on top of its structure.

freedomben 5y ago
I think you and GP are both right. The original idea and design of the internet is decentralized, but we're at a point where it's pretty hard to do that. Email being the best example. I'm quite the self-hoster and I've self-hosted email before, but even I pay for it now because unless you own your IP address and have invested years into building reputation, deliverability is abysmal. And one accidental click of "this is spam" by a recipient and your reputation is shot to hell. So philosophical you're right, it's decentralized. But practically, it's more complicated.

warpech 5y ago

> The early Internet was a toy system, and look how it blossomed into this marvel we call the The (modern) Internet. Not really. The early Internet was a tool for the army and the academia. Web3, so far, is a tool for speculants.

can16358p 5y ago
Regular money and computers can be tool for many, including bad actors too. Just because it's an open platform that makes speculative assets emerge doesn't mean the underlying technology and philosophy has great potential. I'm pretty much sure that the killer app of crypto is not here yet, and when it is here, it will change many views.
- creata 5y ago
  > I'm pretty much sure that the killer app of crypto... when it is here... will change many views. What convinced you?
  - can16358p 5y ago
    Convinced? I've been in crypto since 2013 and see where things are going. Also living in a corrupted country with lots of state control over media and money, I see how taking back control would change the society and dynamics.

dmitriid 5y ago

> The early Internet was a toy system, and look how it blossomed into this marvel Juicero was also a toy system, and it crashed and burned. What (except wishful thinking) makes you think crypto is the Internet and not Juicero