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I've been seeing a lot of kids on Twitter doing threads on things like, "What is a smart contract?", "How to transition from Web2 to Web3", and I can't help but
by skilled 5y ago
I've been seeing a lot of kids on Twitter doing threads on things like, "What is a smart contract?", "How to transition from Web2 to Web3", and I can't help but feel like I am staring down inside a barrel that leads to a black hole.
People talk about these topics like they "truly" understand them, when there isn't much to understand in the first place. As I have said many times already on HN - it's unnecessarily complex at the very core of it, and is often spoken about through traditional marketing jargon.
"It's the future.", "But, it's decentralized!".
An example we can look at is Crypto.com - which has invested billions upon billions of dollars into the US market. Do you really think the average Joe gives a rats ass about blockchain or decentralization - the goal of these investments is to hook people on something they don't understand.
And then milk their stupidity with cheap tricks like NFTs, bullshit investments, and scam coins that come and go on an hourly basis.