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There are things that people want and, yet, can’t know they want, until much later in their lives; often times, too late. Not an endorsement for “web3,” which
by rasengan 1y ago
There are things that people want and, yet, can’t know they want, until much later in their lives; often times, too late.
Not an endorsement for “web3,” which seems to be a sort of centralization of the decentralized technologies at this point in time, unfortunately.
- solumos 1y agoThere's an argument that the only truly decentralized money is Bitcoin. I don't necessarily disagree with that. Centralization has its perks though. A lot of things are priced in dollars, and it's somewhat convenient to not have to worry about rampant speculation and boom/bust cycles affecting the medium of value transfer. There may be a future where rather than a claim on fiat, there are tokens that provide a claim on some underlying stable-priced commodity or similar asset that isn't tied to a specific government. I think that would be a step in the right direction. But yeah — "Web3" was a buzzword, and thinking that a peer-to-peer programmable payment network was the next version of the internet was a bit misguided.
- kragen 1y agoNever mind that. Give Freenode back to the people you stole it from. Every day you hold onto it you are worsening the lives of tens of thousands of people.