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Why would Sam Altman, the king of the world, ruin his reputation with crypto-bullshit at this time in his life? I honestly don't get it. Is it possible that he

• jqpabc123 3y ago
  Is it possible that he really thinks he's solving a problem? Yes. The problem he is solving is identity verification. KYC for the web. The "crypto-bullshit" is how you convince people to participate. Never underestimate the stupidity of the lower 40% of the population. The question in my mind is --- will 40% of the population be enough to get the ball rolling? Will it be viable if 60% of the population still can't be verified?
  • bentt 3y ago
    I feel like a few years ago, you could use crypto as a hook. Now, it's poison to most people. There must be a way to pull off KYC for the web without tainting it with crypto. Don't get me wrong, I'm not dumping on the technology of crypto. I'm dumping on the actual result and the culture surrounding it. It's like Communism... it's great until you get people involved.
    • jqpabc123 3y ago
      There must be a way to pull off KYC for the web without tainting it with crypto. Yes. But I doubt you can do it for less ... but feel free to try. The ultimate identifier is DNA ... but it's impractical for casual, everyday use. But you have to admire companies like 23andMe who actually convince people to pay for the privilege of surrendering their identity and signing away all rights to this ultimate definition of themselves --- which is then sold to others --- like law enforcement. When their kids can't get a job or insurance because of what their DNA has revealed, these people can only blame their own stupidity --- quite possibly indictive of a genetic weakness in itself.
      • deleted 3y ago
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