Whomever wrote this is quite late to the anti-crypto "helpful PSA" grift.
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Web 3.0 – The Great Con
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Re: Web 3.0 – The Great Con
#12> Blockchain is the greatest technological fraud of the last decade. A fraud so simple, so ridiculous and yet so brilliant, it's taken in even some genuine experts in its thrall of empty hype and false promises. On top of this fraud sits the even greater fraud of Bitcoin and cryptocurrencies, which are nothing more than unregulated, unlicensed, wild west securities. They are functionally useless as currencies outside…
Can you please demonstrate? There are 4 sentences and maybe 8 or 9 statements in there.
Re: Web 3.0 – The Great Con
#13Whomever wrote this is quite late to the anti-crypto "helpful PSA" grift.
Well late, yes clearly - but grift? What's he selling exactly?
Re: Web 3.0 – The Great Con
#14Whomever wrote this is quite late to the anti-crypto "helpful PSA" grift.
This is happens a lot with Russia/Ukraine. Some expert will open a thread on Twitter and regurgitate common knowledge from 4 months ago.
Re: Web 3.0 – The Great Con
#15> Blockchain is the greatest technological fraud of the last decade. A fraud so simple, so ridiculous and yet so brilliant, it's taken in even some genuine experts in its thrall of empty hype and false promises. On top of this fraud sits the even greater fraud of Bitcoin and cryptocurrencies, which are nothing more than unregulated, unlicensed, wild west securities. They are functionally useless as currencies outside…
You forgot the second paragraph > That's one paragraph and already I can feel the simmering controversy, the reddening faces, the indignation and the angry accusations that I don't know what I'm talking about. What can I do with Web3 that I can't do or have trouble doing any other way?
With Web3 you get the benefit of knowing that nobody will ever view your content again.
Re: Web 3.0 – The Great Con
#16> Blockchain is the greatest technological fraud of the last decade. A fraud so simple, so ridiculous and yet so brilliant, it's taken in even some genuine experts in its thrall of empty hype and false promises. On top of this fraud sits the even greater fraud of Bitcoin and cryptocurrencies, which are nothing more than unregulated, unlicensed, wild west securities. They are functionally useless as currencies outside…
You forgot the second paragraph > That's one paragraph and already I can feel the simmering controversy, the reddening faces, the indignation and the angry accusations that I don't know what I'm talking about. What can I do with Web3 that I can't do or have trouble doing any other way?
A good question indeed.
Re: Web 3.0 – The Great Con
#17"Great" is hyperbole. The con was always obvious. A "great" con would be something that suckered people who aren't greedy or shortsighted.
I agree with you for the way in which “great” is used as a measure of quality. But ”great” can also be used as a measure of size and/or impact, e.g. “Sir, your investment proposal contains a great deal of bullshit.”
In that sense, web/3 might be a called a great con.
Re: Web 3.0 – The Great Con
#18> Blockchain is the greatest technological fraud of the last decade. A fraud so simple, so ridiculous and yet so brilliant, it's taken in even some genuine experts in its thrall of empty hype and false promises. On top of this fraud sits the even greater fraud of Bitcoin and cryptocurrencies, which are nothing more than unregulated, unlicensed, wild west securities. They are functionally useless as currencies outside…
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Re: Web 3.0 – The Great Con
#19Re: Web 3.0 – The Great Con
#20> Do you have any problem buying airline tickets now? Do airlines have any problem selling them to you? Of course not; this process is already efficient and optimal.
I don’t know about optimal, there are middlemen everywhere.