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It's the ecosystem domination by crypto bros, they ruined it for everyone. A lot of hammer looking for nails and the micro-financialization of everything. "Cry
by verdverm 9mo ago
It's the ecosystem domination by crypto bros, they ruined it for everyone.
A lot of hammer looking for nails and the micro-financialization of everything. "Crypto" has been captured by Wallstreet and the oligarchs, Trump is using it for corruption. How much money did they print while crowing about what you find in the Bitcoin genesis block?
"allowing more people to participate in the financial markets" (*hit like this is a lie, it's really about being able to middleman and take a cut of every transaction, or leave them as the bag holders)
HN will find interest in various blockchain technologies extracted from the crypto. Things like using ZKP to have online safety while preserving privacy, that is an interesting intersection of HN fav topics.
Case in point, I find that Google is pushing on ZKP interesting and exciting: https://blog.google/innovation-and-ai/technology/safety-security/opening-up-zero-knowledge-proof-technology-to-promote-privacy-in-age-assurance/ https://blog.google/innovation-and-ai/technology/safety-secu...
We're talking about similar in ATProto ecosystem
- millarh3 9mo ago"(*hit like this is a lie, it's really about being able to middleman and take a cut of every transaction, or leave them as the bag holders)" Could you expand on that? Are you saying that the premise of greater participation is a ruse/false and infact a middleman is inserted somewhere in the crypto space? Who would such a middleman be, lets say when you're either sending assets to someone? "Or leave them as the bag holders" -- what does this mean?
- verdverm 9mo agoYes, based on what we saw actually happen. If you are not familiar with these patterns or phrases, there are better places to learn them. If you search "web3 is going great" and Molly White, you should find enough to understand