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Web3 is going just great

web3isgoinggreat.com

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Re: Web3 is going just great

#41

Post by rvz »

danlugo92 wrote: post #12

So much FUD daily here against Bitcoin and Web3. Ask yourself, who is the most affected by these 2 technologies existing? Web3 is young still, I'll grant you that, but it will eat the world in 3 to 5 years. Bitcoin is already mature and it's the most democratic type of currency/money/property in the world, how can you argue against that? I hear you about the electricity usage, but Bitcoin Lightning will drive down th…

> Bitcoin is already mature and it's the most democratic type of currency/money/property in the world, how can you argue against that?

Am I able to use Bitcoin or Ethereum to pay for my groceries yet? Or do I have to continue to wait 10+ mins for a single transaction to settle whilst overpaying for the fees to make it go faster?

If that is 'web3', then you might as well use Apple / Google Pay then.

Re: Web3 is going just great

#42

Post by neilparikh »

ShamelessC wrote: post #4

The decision to call all of this "web 3.0" without actually consulting any developers (that don't own/trade cryptocurrencies) was such a mistake. No - I don't want to write inherently buggy smart contracts for your scam. If I wanted to do that, I would have gone into fintech awhile ago.

When I first heard Web 3, I thought the semantic web had a resurgence (the semantic web was called Web 3). Unfortunately not though.

Re: Web3 is going just great

#43

Post by mdoms »

danlugo92 wrote: post #12

So much FUD daily here against Bitcoin and Web3. Ask yourself, who is the most affected by these 2 technologies existing? Web3 is young still, I'll grant you that, but it will eat the world in 3 to 5 years. Bitcoin is already mature and it's the most democratic type of currency/money/property in the world, how can you argue against that? I hear you about the electricity usage, but Bitcoin Lightning will drive down th…

> Bitcoin is already mature and it's the most democratic type of currency/money/property in the world, how can you argue against that?

I wish you bitcoiners could decide if bitcoin is a currency or not.

Re: Web3 is going just great

#44

Post by brightstep »

aledalgrande wrote: post #15

Wow, I mean not everything is positive with web 3, but why spending energy to make a site to spread negativity. We already have enough these times.

When a technology is as destructive as many crypto projects, it makes a lot of sense to spend your energy building a negative perception.

Re: Web3 is going just great

#45

Post by carlosdp »

These really well built "web3 is dumb" sites seem like peak Streisand Effect, I'm baffled so many people are spending so much time yelling about something they think has "no use-case" and is already doomed to fail...

Re: Web3 is going just great

#46

Post by 3np »

The defining feature of Web3 is the absence of any central single-point-of-failure, moderation, or coercion in the technical stack - including individuals and businesses. Federated and/or P2P.

Scrolling a bit, I see from the top: NFTs shilled on Twitter, centralized cryptocurrency exchanges getting hacked, things hosted on AWS, Peter Molyneux doing his thing...

I don’t see a single example of Web3. Or even projects or technologies calling themselves such, legitimately or otherwise.

Cryptocurrency and blockchain can play a part in Web3, they don’t constitute or define it. If you coordinate and communicate on Twitter and Discord, host the core platform functionality on AWS and Cloudflare, and send out newsletters via Mailchimp, there’s nothing decentralized or “web3” about what you’re doing.

The OP is like criticizing Web2 because celebrity nudes were leaked via Gmail and this made someone get phished for their credit card believing they could stream more.

Re: Web3 is going just great

#47

Post by Swizec »

DantesKite wrote: post #13

All the Web3 criticisms remind me of my experiences with Star Trek. For context, I never watched Star Trek. I'd read stories about fans and it always struck me as the dorkiest possible show, with unabashed nerdiness making something like the Big Bang Theory look like a sophisticated work of art. But one day, I listened to a podcast about strength training and a question came up about which Star Trek leader the host l…

Love this take.

It's kind of how I feel about crypto – cautiously observing, investing money I can afford to lose, toying with ideas on how and which real problems it could solve, and doing my best to ignore the parts that smell like pure hype, MLMs, and land grabs.

There is something here and I don't know what yet. I doubt NFTs are it. And we already know it doesn't quite work as a currency.

Re: Web3 is going just great

#48

Post by fab1an »

I'm flabberghasted at the amount of hate this space is getting from parts of the dev community and in particular HN. Web3 has its fair share of issues, but there's community and energy in the space that I haven't seen online since the early days of the world wide web.

Consider this: if you are absolutely, 100% convinced that all of this is bogus, is going to go nowhere (despite the high number of talented individuals flocking to it...), fair enough: bet on it disappearing overnight or over long cold crypto winter.

But if you think there's a slim chance that web3 may persist, and that it's not all just the bad bad things you think it is, do take a look, play around, join a community like Corruption(*s) (https://twitter.com/fabianstelzer/status/1470525607104684032) - I assure you you will reconsider your stance if you look close enough, and it'll position you in a much better way for what's to come compared to continuing to ignore it.

Re: Web3 is going just great

#49

Post by Elof »

DantesKite wrote: post #13

All the Web3 criticisms remind me of my experiences with Star Trek. For context, I never watched Star Trek. I'd read stories about fans and it always struck me as the dorkiest possible show, with unabashed nerdiness making something like the Big Bang Theory look like a sophisticated work of art. But one day, I listened to a podcast about strength training and a question came up about which Star Trek leader the host l…

While I agree with all your sentiment here, I think it's ok to be critical of web3 and still see a future for crypto. With all of the hyperbole and real issues both technical and social around the web3 ecosystem I'm reminded of being an outsider spectator of the dot com bubble crash. I was a senior in high school living in the east bay and something that kind of blew my mind at the time was grocery delivery. The idea of ordering some food online and getting it delivered was very exciting, the reality was it wasn't a tenable service. 12 years later with the advent and proliferation of smart phones the idea had legs and now I can and do order groceries from a variety of stores. Including a local speciality asian food place. I feel like the promises of web3 is in the phase of some good ideas that aren't ready for mainstream, similarly to grocery delivery in 1999

Re: Web3 is going just great

#50

Post by brightstep »

carlosdp wrote: post #45

These really well built "web3 is dumb" sites seem like peak Streisand Effect, I'm baffled so many people are spending so much time yelling about something they think has "no use-case" and is already doomed to fail...

The sooner it dies, the less carbon we'll dump into the atmosphere so people can buy monkey jpegs
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