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Are we wrong about Web3?

terminusdb.com

1–10 of 75 posts

Re: Are we wrong about Web3?

#2
If you are expecting your business to be around in 2023 you should shut up about "Web3".

If you want to have good people for customers, if you want to hire good employees, if you want to have good vendors, shut up about "Web3".

Don't take good free software like "Git" and slander it by associating it with platforms that charge fees on top of fees on top of fees; platforms that charge you fees to pay your fees that make rent-seekers like Visa and Mastercard blush.

It looks like terminusdb is a good product that somebody can use without paying money to grifters. Why slander it? Why put up a big sign on your web site that says "Nothing more to see here move on" to the good people in the world but that will attract evil people, scammers and clueless people blinded by FOMO who will bleed your company dry and leave it a rotten husk?

Terminusdb should fire the person who made this blog post and make a press release about it immediately to protect your investors, your employees and your customers.

Re: Are we wrong about Web3?

#3
This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed.

I'm not exactly sure what they're saying at all.

Re: Are we wrong about Web3?

#4

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

They said "Communism is clearly the future." but left their peril-sensitive sunglasses on so it didn't stick.

Re: Are we wrong about Web3?

#5

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

They just want some of the sweet web VC money. I mean, when you have federal prosecutors turned 'web3 investor' why not?

Total shit show.

Re: Are we wrong about Web3?

#6

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

I can only guess, but it looks like they want to ride (and got VC funding to ride) the Web3 hype wave, but they don't want to be lumped in with "the other Web3 people".

Re: Are we wrong about Web3?

#7
post #5

This is a very oddly formatted post coming from a company. It's pretty hard to read or follow, with lots of memes and screenshots interspersed. I'm not exactly sure what they're saying at all.

They just want some of the sweet web VC money. I mean, when you have federal prosecutors turned 'web3 investor' why not? Total shit show.

Note the "Are we wrong..." kind of phrasing and use of unspecific hypnotic language right out of Milton Ericson. This is aimed to provoke FOMO in the clueless; people like us will read this and realize the author is clueless but the clueless will struggle to find the wisdom here and assume they aren't getting it because they don't understand the text, not that the text is meaningless.

It's like that puff piece on crypto that was in the NYT last week.

Re: Are we wrong about Web3?

#8

If you are expecting your business to be around in 2023 you should shut up about "Web3". If you want to have good people for customers, if you want to hire good employees, if you want to have good vendors, shut up about "Web3". Don't take good free software like "Git" and slander it by associating it with platforms that charge fees on top of fees on top of fees; platforms that charge you fees to pay your fees that ma…

[deleted]

Re: Are we wrong about Web3?

#9
This is poorly written; words and punctuation are missing all over the place.

I don’t understand the git analogy at all.

> If we’re extending the definition of web3 to include decentralized software systems

We certainly aren’t. Web3 is defined by “trustless” decentralized systems (which usually aren’t actually decentralized, in practice).

Branding a database as “Web3” is terrible PR, given web3’s reputation for obscene inefficiency and high latency. The marketing team should reconsider this post.

Re: Are we wrong about Web3?

#10

If you are expecting your business to be around in 2023 you should shut up about "Web3". If you want to have good people for customers, if you want to hire good employees, if you want to have good vendors, shut up about "Web3". Don't take good free software like "Git" and slander it by associating it with platforms that charge fees on top of fees on top of fees; platforms that charge you fees to pay your fees that ma…

It looks like the same internal conflict I've seen elsewhere: Non-technical marketing or exec people demand "web3" and "NFTs" and the engineers tell them it's silly and why does our in-memory json database need blockchain anyway? There's a lot of time wasted, everyone learns something about carbon offsets, and either the project gets dropped or the senior engineers quit and the juniors are bullied into line behind the "vision" (or promised tokens of some kind).
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