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>except that they align more closely with the three aforementioned properties: trustless, permissionless, and decentralized. But wouldn't you agree that the ar
by bertman 4y ago
>except that they align more closely with the three aforementioned properties: trustless, permissionless, and decentralized.
But wouldn't you agree that the article is mainly about why "Web 3.0" has failed over and over again to provide exactly these properties, or to provide a valuable solution to a problem that hasn't been or could be solved in a better way already?
Literally everything related to "Web 3.0" has been a snowbally scam, and yet, as another commenter in this thread put it aptly, "the "pull back" in hype has allowed a new breed of charlatans to pretend there is ever more legitimacy to this whole scam".
It is, for me at least, impossible to take DAI stablecoins, AAVE positions or any other new kid on the block seriously.
- zeroclip 4y agoThe article focuses on Bitcoin, Proof of Work, hyped statements like houses-on-the-blockchain, and Ponzi schemes like Bitconnect, which is to say that it isn't focusing on any of today's Web3 tools or products, and especially is not focusing on the successful protocols coming out of Web3. If you or the author feels that Uniswap, DAI, ENS, and AAVE are scams, try to provide some rationale for this claim. Otherwise these sweeping statements are just as hollow as saying that SMPT is a Great Con based on the notion that 85% of today's circulating email is illegitimate.