Why Web3?

Post by ShamelessC » Thu, Dec 30, 2021, 2:36 AM UTC

Kiro wrote: post #200

epistasis wrote: post #146

Earlier quoted context omitted.

There's an easy counter to "I see no practical application for decentralization," which is to provide an example of that application. I'm not convinced that Bitcoin or currencies are a practical application that results in net gain (economic or otherwise) to humanity. The internet was obvious from day 1, even if the actual end applications ended up quite a bit different. > how can you not see the utility in an open f…

The gate keepers are preventing me from building the kind of apps I want. Just the other day people here reminisced about the days when Twitter used to have an open API and how bad it is that they shut it down. I want to build apps without having to worry about ever being restricted, limited or shut down.

Post by hooande » Thu, Dec 30, 2021, 2:42 AM UTC

everfree wrote: post #381

chii wrote: post #372

Earlier quoted context omitted.

> NFTs are also a hobby not an investment. You just hear about the investors because they are the loudest. Or the only voice, because no one else is interested in looking at a hash for fun. The real artwork is easily digitally duplicated and so if your hobby was to look at the art, you do not need to purchase the NFT.

Spending a few dollars on NFT "ownership" is worth it to me to have my name next to something, just like spending $10 on a League of Legends skin is worth it to some people to have their name next to a piece of artwork in a video game. I am literally interested in looking at a hash for fun, since it shows up online in NFT viewers with a little picture of it in my account. $10 is such a small amount of money to me, if…

Post by ShamelessC » Thu, Dec 30, 2021, 2:44 AM UTC

everfree wrote: post #405

ShamelessC wrote: post #400

Earlier quoted context omitted.

edit: whoops - misread. [original] That simply isn't true. There has been consistent and widespread criticism of crypto enthusiasm on the majority of stories posted here recently.

What simply isn't true? I said discussion about it is welcomed here, and you're telling me that critical discussion is "consistent and widespread". It sounds like we agree.

Post by DonHopkins » Thu, Dec 30, 2021, 2:49 AM UTC

codesternews wrote: post #185

root_axis wrote: post #123

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You can do the same thing with blockchain NFTs, just mint another blockchain NFT with the same content. You can say "well, the NFT that was minted first is the true original" but the same is true of the "double sent" digital signature NFT, one will be dated more recently than the other, which affords one identical guarantees of authenticity to the blockchain NFT.

There is some project. NFT Replicas - https://nftreplicas.net/ Nothing is stopping any one to mint another NFT with same content.

Post by hooande » Thu, Dec 30, 2021, 2:55 AM UTC

aquateen wrote: post #265

nfw2 wrote: post #255

Earlier quoted context omitted.

Maybe it's not common wisdom in general, but it is a pretty common viewpoint in the startup world. Building products is expensive, and startups can't afford to build something no one wants. It's pretty much universal advise that finding an initial market fit should be the first priority of any new startup. Literally making a sale before the product exists is the extreme end of that philosophy. Whether or not this is…

I've been on this website a long time and I suppose the userbase has grown quite a bit. I don't assume everyone has read all of Paul Graham's articles or even know who he is, but are you familiar with how YCombinator works? Enough money to survive on ramen for a few months and build a demo. Get feedback from users and iterate over and over.