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> The issue is in enabling people to participate both as consumers as well as producers in the larger economy without depending on intermediaries. larger than

> The issue is in enabling people to participate both as consumers as well as producers in the larger economy without depending on intermediaries. larger than what exactly? How web3 is gonna make it possible? I can already send my tomato sauce produced by my family to Japan by simply putting up a website. what could web3 make for my family? > allow people to buy and sell things online without depending on Paypal it's been possible for at last 20 years. I pay using my credit card, not Paypal. In Europe I can use SEPA transfers (usually free), SEPA Instant Credit Transfer (they cost me about 90 cents, money is transferred in seconds), the new PSD2 directive allow merchants to withdraw money directly from customers' accounts after being authorized and I believe GNU Taler is a much better option than any wallet solution web3 is proposing. People can pay using any channel already available, they can also send me cash in an envelope if they want to, I'll gladly accept it. And any of those systems (except cash in an envelope) are protected from fraud, insured, and refundable in full. What about Web3? Technically depending on Paypal is a choice. Of course if you are talking about the possibility that your shady or illegal business will be banned from using one of those payment systems, well, that's a feature, not a bug.

rglullis 4y ago
> what could web3 make for my family? You sound just like David Letterman when interviewing Bill Gates in 1995 ("why would I need a computer?", "oh, you mean I can listen the baseball game. Does radio ring a bell?") https://youtu.be/fs-YpQj88ew?t=155 https://youtu.be/fs-YpQj88ew?t=155 > Of course if you are talking about the possibility that your shady or illegal business This, right here, is the problem. The problem is that because you have all the privileges (SEPA, access to international transfers and open markets, etc, etc, etc) you think that only "shady" and "illegal" business will want to do these things. Try being someone living in Argentina or Venezuela, who simply wants to work as a web designer with someone else from another continent. See how much Paypal (and by PayPal, I mean any money transmitting service) will eat in fees. See what exchange rate will be made available by the government.
- peoplefromibiza 4y ago
  > You sound just like David Letterman when interviewing Bill Gates So you're comparing Web3 with the computer and the internet revolution, but are not even able to tell me what's the advantage over current technologies, that are still evolving? > The problem is that because you have all the privileges You mean we have found a solution to a problem? > Try being someone living in Argentina or Venezuela My uncle is from Argentina. He's not looking for web3, he's looking for political stability and blames US for installing a totalitarian regime that destroyed his country that killed 30 thousand people, created 30,000 desaparecidos and imprisoned 400,000 [1] You've never spoken to someone from poorer countries, did you? Anyway, if someone from Argentina build a website, I can send them money directly to their bank account from my European bank account. No intermediary necessary, except good old banks. My instinct tells me that the only thing people in web3 "space" (it's more like a cult) are interested in is avoiding taxes and keeping their money hidden. [1] https://en.wikipedia.org/wiki/Operation_Condor https://en.wikipedia.org/wiki/Operation_Condor EDIT: anyway, web3 is still web based. If governments can control banks, they can also control the web. See: China or North Korea. You won't free North Koreans with web3 nonsense.
  - rglullis 4y ago
    The fact that your uncle is not "looking for web3" does not mean that other people are not using it. And, fiy, I was born and raised in Brazil. > My instinct tells me Your instinct is wrong. I can not do anything about that.
    - peoplefromibiza 4y ago
      > The fact that your uncle is not "looking for web3" does not mean that other people are not using it. the fact that a couple of your friends are using it, doesn't make it "Letterman interviewing Gates" material. (btw, Letterman was being facetious, as per usual Letterman) > And, fiy, I was born and raised in Brazil. which is 10th economy by GDP in the World, just below Italy, my country, in front of many of what you called "privileged" European countries, such as Spain or the Netherlands... More importantly: sending money to Brazil from Europe costs me a fixed Euro 0.5-0.6, plus maximum 1% of the sum (if sending up to Euro 115, less if sending more). Very cheap, if you ask me. > Your instinct is wrong. I can not do anything about that. You could tell us why you are not able to explain what's the advantage for the average internet user, except avoiding taxes and hiding money...

rglullis 4y ago

> what could web3 make for my family? You sound just like David Letterman when interviewing Bill Gates in 1995 ("why would I need a computer?", "oh, you mean I can listen the baseball game. Does radio ring a bell?") https://youtu.be/fs-YpQj88ew?t=155 https://youtu.be/fs-YpQj88ew?t=155 > Of course if you are talking about the possibility that your shady or illegal business This, right here, is the problem. The problem is that because you have all the privileges (SEPA, access to international transfers and open markets, etc, etc, etc) you think that only "shady" and "illegal" business will want to do these things. Try being someone living in Argentina or Venezuela, who simply wants to work as a web designer with someone else from another continent. See how much Paypal (and by PayPal, I mean any money transmitting service) will eat in fees. See what exchange rate will be made available by the government.

peoplefromibiza 4y ago
> You sound just like David Letterman when interviewing Bill Gates So you're comparing Web3 with the computer and the internet revolution, but are not even able to tell me what's the advantage over current technologies, that are still evolving? > The problem is that because you have all the privileges You mean we have found a solution to a problem? > Try being someone living in Argentina or Venezuela My uncle is from Argentina. He's not looking for web3, he's looking for political stability and blames US for installing a totalitarian regime that destroyed his country that killed 30 thousand people, created 30,000 desaparecidos and imprisoned 400,000 [1] You've never spoken to someone from poorer countries, did you? Anyway, if someone from Argentina build a website, I can send them money directly to their bank account from my European bank account. No intermediary necessary, except good old banks. My instinct tells me that the only thing people in web3 "space" (it's more like a cult) are interested in is avoiding taxes and keeping their money hidden. [1] https://en.wikipedia.org/wiki/Operation_Condor https://en.wikipedia.org/wiki/Operation_Condor EDIT: anyway, web3 is still web based. If governments can control banks, they can also control the web. See: China or North Korea. You won't free North Koreans with web3 nonsense.
- rglullis 4y ago
  The fact that your uncle is not "looking for web3" does not mean that other people are not using it. And, fiy, I was born and raised in Brazil. > My instinct tells me Your instinct is wrong. I can not do anything about that.
  - peoplefromibiza 4y ago
    > The fact that your uncle is not "looking for web3" does not mean that other people are not using it. the fact that a couple of your friends are using it, doesn't make it "Letterman interviewing Gates" material. (btw, Letterman was being facetious, as per usual Letterman) > And, fiy, I was born and raised in Brazil. which is 10th economy by GDP in the World, just below Italy, my country, in front of many of what you called "privileged" European countries, such as Spain or the Netherlands... More importantly: sending money to Brazil from Europe costs me a fixed Euro 0.5-0.6, plus maximum 1% of the sum (if sending up to Euro 115, less if sending more). Very cheap, if you ask me. > Your instinct is wrong. I can not do anything about that. You could tell us why you are not able to explain what's the advantage for the average internet user, except avoiding taxes and hiding money...