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Is Web3 Bullshit?

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91–100 of 383 posts

Re: Is Web3 Bullshit?

#91
> Arguably the real innovation of the blockchain seems to me to be at least as cultural as it is technical, in its spooky ability to gather and organize a group of incredibly motivated people and continuously reward them for spreading the gospel of the blockchain.

So, it's a religion.

Re: Is Web3 Bullshit?

#92
post #62

It saddens me that they chose "web3" for the latest crypto pyramid scheme. Call it what you want, but please don't sully the web with your plat du jour crypto antics. Also for what it is worth, the web has been decentralised from the very start, I don't see what the fuss is about apart from just everyone getting rich selling the next hot coin/token/whatever.

My sadness comes from the fact people perceive X N as better than X N-1. As if web got any better with 2 (in a general sense, not in tech). And what’s this anyway, The Web? Are we spiders, or maybe fishermen? Ridiculous. Don’t stick too much to these names.

> My sadness comes from the fact people perceive X N as better than X N-1

Terminator 3

Home Alone 3

Jurassic Park 3

Police academy 3

Alien 3

The list is long...

Re: Is Web3 Bullshit?

#94
Whenever I read about Web3 I always get the idea the feeling it's an entirely self-interested idea or movement, and there is nothing idealistic about it. Instead of control being with a single corporation, control will be with an exclusive limited group of founders who got in cheap, and to which access is sold at a significant premium.

It pretends to democratize things, but rather moves from a monopoly to an oligarchy, which works great for the 'in' group but not necessarily for those outside it.

Re: Is Web3 Bullshit?

#95

Earlier quoted context omitted.

Yes web was decentralised till it became centralised with big tech gatekeepers. AMZN makes more money from sellers fee than AWS now. Thus killing small businesses - the lifeblood of most economies. Link below. It is time to get rid of gatekeepers, toll collector and have control of our data & communities. Web 3 is a way do that and will take about a decade as the infra builds out. So it certainly is BS for big tech l…

Amazon has been fantastic for my small business. The fees aren't too crippling (around 15% of revenue) and FBA is an absolute Godsend for anyone based outside of the US trying to crack into that market (similar for Europe). I could not thank Mr. Bezos more for the opportunities Amazon has given my family. The income from FBA was a major factor in my decision to quit my job back in 2020, and because of that my daughte…

How much you get for shilling?

Re: Is Web3 Bullshit?

#96
post #67
post #58

I have the impression that most comments here are either biased against cryptocurrencies or trying to push for them blindly. That's a bit sad considering we should at least be discussing the technology here. web3 is a marketing brand that defines a future version of web apps where the frontend is a compiled SPA possibly hosted on decentralised platforms (IPFS) and where the backend is a decentralised blockchain (and…

I've been Googling the word SPA and I keep finding places to go for a holiday, but nothing relevant to what you're talking about.

If you include a context word like "web" it pops right up.

Re: Is Web3 Bullshit?

#97
post #33

One aspect that I strongly dislike about "web3" is that it poisons the discourse with its incentives. I don't believe that every person on Twitter with $BTC in their profile understands or can knowledgeably argue the benefits of Web3, but their crypto holdings make them a hard-lined crypto zealot in the hopes of multiplying few hundred dollars they've put in. It's fairly widely known how laughable it is to look for u…

I quite like the idea of being skeptical of something but still hedging on its potential success. Thanks

Re: Is Web3 Bullshit?

#98
post #96
post #67

Earlier quoted context omitted.

I've been Googling the word SPA and I keep finding places to go for a holiday, but nothing relevant to what you're talking about.

If you include a context word like "web" it pops right up.

I tried a bunch of additional keywords before asking. I also did think of "Single Page App" but I doubted how it could be relevant.

Re: Is Web3 Bullshit?

#99
post #67
post #58

I have the impression that most comments here are either biased against cryptocurrencies or trying to push for them blindly. That's a bit sad considering we should at least be discussing the technology here. web3 is a marketing brand that defines a future version of web apps where the frontend is a compiled SPA possibly hosted on decentralised platforms (IPFS) and where the backend is a decentralised blockchain (and…

I've been Googling the word SPA and I keep finding places to go for a holiday, but nothing relevant to what you're talking about.

I agree that posters need to be careful about undefined acronyms, but, pro-tip, you can always check Wikipedia for overloaded terms to narrow down to the right one. Here it will give you a section for the meanings in the context of computing:

https://en.wikipedia.org/wiki/SPA

Edit: also, I suspect you’re being cheeky there, because when I Google “SPA”, the top results are local spas (even in private mode), and thus not “places to go for a holiday/vacation”, as if you only guessed what a Google search would give and had decided to make a joke about the ambiguity and most common lay meaning of (case-insensitive) SPA, rather than express an actual frustration at an honest attempt to look up the meaning of that term.

Re: Is Web3 Bullshit?

#100
post #99
post #67

Earlier quoted context omitted.

I've been Googling the word SPA and I keep finding places to go for a holiday, but nothing relevant to what you're talking about.

I agree that posters need to be careful about undefined acronyms, but, pro-tip, you can always check Wikipedia for overloaded terms to narrow down to the right one. Here it will give you a section for the meanings in the context of computing: https://en.wikipedia.org/wiki/SPA Edit: also, I suspect you’re being cheeky there, because when I Google “SPA”, the top results are local spas (even in private mode), and thus n…

There's more than one technical meaning. One is web-related and another is cryptography-related. All possibly relevant.
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