mattwilsonn888

12 ms·

91.
by mattwilsonn888 4y ago
That's simply not true. I have personally and remotely set up a professed tech-phobe with a hardware wallet. If I were to die they could recover it on their own. But, taking your point and rolling with it, there is nothing necessarily
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by mattwilsonn888 4y ago
That doesn't make a whole lot of sense. For starters you make assumptions about the motivations of all 'Bitcoiners,' even extending your cynical projection to the ones most vocal about using Bitcoin safely. But let's ta
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by mattwilsonn888 4y ago
Perhaps it was competition with decentralized stable-coin lending protocols offering decent APR for the risk that drove and legitimized such reckless behavior. At least the decentralized protocols were auditable from day 0.
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by mattwilsonn888 4y ago
Your doomsday scenario affects all online security equally. The only outcome you are partially vindicated in is one with a quantum miracle in the short term, which even then is not catastrophic for protocols which make the necessary hard fo
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by mattwilsonn888 4y ago
It's really worse than you say the amount of ignorance it takes to store crypto in one of these institutions, when one of its motivating and zeitgeist driving features is that third parties are no longer the most secure method of stora
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by mattwilsonn888 4y ago
Somehow that doesn't count as support?
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by mattwilsonn888 4y ago
I guess saying "Web 3 is trash" requires no explanation is and psychically understood - but asking to expand on the reasoning for that opinion is magical thinking. Good luck applying that method elsewhere.
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by mattwilsonn888 4y ago
Web3, in good faith, and sophisticated vision, is taking the ability to authorize digital privilege without oversight and working backwards to scale that ability down to the minutia of online interaction. Bitcoin achieves it for the narrow
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Web 3 is Just a Pinch of Salt(mukdde.substack.com)
2 points by mattwilsonn888 4y ago|0 comments
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by mattwilsonn888 4y ago
> web3 is just a terrible idea I'm almost certain if you were forced to define Web3 you would be incapable of anything but a strawman. I'll make it easier on you, define it how you believe a deluded but good faith proponent wou
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by mattwilsonn888 4y ago
When VC gets to appropriate a new paradigm for the sake of driving speculation people's opinions on both sides become quite uninteresting. To debate Web3 the way most of HN is content to do it is to accept the framing of the loud and c
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Primitive Technology: Purifying Clay by Sedimentation and Making Pots(youtube.com)
2 points by mattwilsonn888 4y ago|0 comments
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by mattwilsonn888 4y ago
> Science is perfect Science is a process and it is never complete. You are confusing a process with the results of the process, which are by definition imperfect. What makes Science good is that it's results are fundamentally imper
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by mattwilsonn888 4y ago
What you suggest is smart, but it's fundamentally financial friction and people who want to risk money will avoid that friction, usually because they don't understand why it is useful. What would be much better is if more crypto s
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by mattwilsonn888 4y ago
For particularly open ended explorations, I like org mode. For cementing understanding, I like carefully crafted notes on pen and paper, sometimes a first and second draft. Otherwise plain text files. I organize my files by putting them at
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by mattwilsonn888 4y ago
> Buys digital property on unsecure centralized blockchain > Value completely dependent on centralized media corporation > Web3 is GoInG GrEaT It's like becoming a vegan for health reasons after eating McDonald's.
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by mattwilsonn888 4y ago
Regulating bodies are not capable of performing cyber-security protocol audits on emerging technology. 'Throwing regulation at the problem' is an embarrassing proposal that I'm sure many regulating bodies will pat you on the
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by mattwilsonn888 4y ago
I'm not sure if this has much specific relation to the Mango hack, but you raise an interesting point mentioning the possibility of a developer hacking his own network (who would be more qualified to do so?) - my broader point is this:
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by mattwilsonn888 4y ago
More of a financial exploit, but don't conflate popular crypto sentiment from Twitter with what's possible. There is no reason regulation is required to prevent this on a automatic protocol level - but no surprise in the DeFi spac
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by mattwilsonn888 4y ago
Jesus Christ, the point of science is to REMOVE trust - not be the least worst option. Science that cannot exist without trust is faith.
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by mattwilsonn888 4y ago
Funny you say that - the article concludes with the author noting her community feedback often mentioned the same idea, though she gives it less credibility than you did; to note, I'm also convinced by this idea.
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by mattwilsonn888 4y ago
Yep. I know anything web3 or metaverse will be met with immense skepticism. I just hope that skepticism either lampoons closed protocols/software (if it is closed) or is targeted at specific flaws, rather than the typical gut reactive
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by mattwilsonn888 4y ago
> This is not a correct comparison. You are right, what the FBI did here is much worse.
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by mattwilsonn888 4y ago
Came here to post a less eloquent version of this sentiment.
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by mattwilsonn888 4y ago
Maybe we are misunderstanding each other - I don't starkly disagree with anything you've just said.
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by mattwilsonn888 4y ago
Not only have I debated this person multiple times, but on a search about settlement a HN thread came up and he had the top comment citing the infamous Mora et al study which makes the naive assumption that required hash for a proof of wo
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by mattwilsonn888 4y ago
HackerNews loads pretty fast, and would be one of my favorite sites even if it didn't.
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by mattwilsonn888 4y ago
> “validated by a network of nodes on the Ethereum blockchain, which are clustered more densely in the United States than in any other country.” The SEC then concludes: “As a result, those transactions took place in the United States.” I
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by mattwilsonn888 4y ago
There's a significant difference between believing Covid19 was cooked up by the producers of the vaccines/therapeutics for it and having a latent skepticism towards unaccountable power. You would make more friends not to blur the
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by mattwilsonn888 4y ago
Well put. It's a shame but also an appreciable motivator of careful thought that this explanation, one which many understand intuitively, seems on the edge of what many will tolerate to think.

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