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There is still a lot of useful things happening on the web. The quagmire of social networks or how various state and private actors anywhere on the planet (incl
by unity1001 4y ago
There is still a lot of useful things happening on the web. The quagmire of social networks or how various state and private actors anywhere on the planet (including the 'free' world) abusing the internet or the extreme fringe socioeconomic segments which were formerly invisible now becoming visible thanks to the Internet do not make the Internet a place in which less useful things are happening. All of those existed before. Its just that they were out of your sight.
> I see hardly any use for crypto other than people benefitting (and others hurting) from the ponzi scheme aspects of it
It already facilitates easy transference of funds, an investment tool, citizen-governed, transparent organizations in the form of DAOs from everywhere and anywhere on the planet - which is likely the most important thing at the moment -, impossible to censor apps and publishing on distributed databases and many other things.
Especially the DAOs are something new in human civilization's history, and them being away from your sight or you not having much insight into them does not make it any less important than online credit card payments. Which were originally invented and used by - surprise - porn sites on the early Internet.
So again it comes to the same thing that I stated in the original comment: The early Internet was similar to the blockchain space that exists now - a space that was dangerous for the ordinary non-technical citizen to enter even while it enabled many things that were at the time seen as 'useless' and 'detrimental' to the society.
I reiterate that even the user-generated content, now celebrated as the democratization of content with all its benefits and ills, was seen as 'useless spam' back then. Major publications, newspaper sites did not have any comment section. Corporate sites did not have any kind of user feedback, less, any consideration for users aside from them being able to buy whatever they were selling at the time without making any noise - after all, who were us, the plebs, to be able to comment under the article of a 6-figure/year columnist or give product feedback to an illustrious company. It took a decade for them to come around and have to submit to such democratization of content and the Internet in general after blogosphere, user-driven forums and whatnot changed the landscape. Even today NYT still doesnt permit anyone commenting under its articles.
Its absolutely the same with blockchain today - if you know about it, being savvy enough, if you follow the right stuff, you will find a lot of good stuff. If you aren't, and instead, if you see it as how old people saw the Internet back then, you will see all the bad stuff and it will be a dangerous and unnecessary place for you.