Escaping the Dark Forest
samczsun.com
Escaping the Dark Forest
1–10 of 142 posts
Re: Escaping the Dark Forest
#2I love that they're continuing the Dark Forest analogy! Makes me also realize I never want to dip my toe in crypto like that. It's like an amateur going up to an entirely unregulated wall street and expecting to earn some quick cash.
Re: Escaping the Dark Forest
#3When's the movie script due? This was an amazing read mainly for the multiple perspectives and story. Great job!
Re: Escaping the Dark Forest
#4This read like a piece by William Gibson in the Neuromancer universe. I finally understand now why people are attracted by cryptocurrencies.
Re: Escaping the Dark Forest
#5This is all very interesting to read about, but in the same way epic battles in Eve Online are interesting to read about but not participate in. I hope the author doesn't think this article is functioning as an enticement to use ETH myself, because it's only confirming for me that I never, ever want any of my money near that shambling wreck.
Re: Escaping the Dark Forest
#6seems like a very interesting story however after the third voice change I lost interest and the specialized tech jargon just makes it sound goofy
Re: Escaping the Dark Forest
#7This read like a piece by William Gibson in the Neuromancer universe. I finally understand now why people are attracted by cryptocurrencies.
Yes, if you're an enthusiast, it seems like good, technical fun.
But I have no idea how an "investor" could read this and think they can price the risk correctly. This isn't even the wild west of finance--this is intergalactic space.
Re: Escaping the Dark Forest
#8I love that they're continuing the Dark Forest analogy! Makes me also realize I never want to dip my toe in crypto like that. It's like an amateur going up to an entirely unregulated wall street and expecting to earn some quick cash.
The word you want here is "ethereum" not "crypto". Crypto is cryptography, and even if you want to redefine it as 'cryptocurrency' the sheer reckless yolo incompetence and scammyness of ethereum is not especially representative.
Re: Escaping the Dark Forest
#9I love that they're continuing the Dark Forest analogy! Makes me also realize I never want to dip my toe in crypto like that. It's like an amateur going up to an entirely unregulated wall street and expecting to earn some quick cash.
The word you want here is "ethereum" not "crypto". Crypto is cryptography, and even if you want to redefine it as 'cryptocurrency' the sheer reckless yolo incompetence and scammyness of ethereum is not especially representative.
I think "crypto" can mean cryptography or cryptocurrency depending on context. Every cryptocurrency I've seen has a Dark Forest, even if it's not as bad as Ethereum.
For example, if you create a private key using something guessable [1], point a camera at a QR code [2], or make a wallet using software you didn't write yourself [3], you can expect your money to irreversibly disappear faster than you can react.
[1] https://www.wired.com/story/blockchain-bandit-ethereum-weak-...
[2] https://www.theverge.com/2013/12/23/5238764/news-anchor-rece...
[3] https://cryptonews.com/news/popular-private-key-generator-co...
Re: Escaping the Dark Forest
#10I love that they're continuing the Dark Forest analogy! Makes me also realize I never want to dip my toe in crypto like that. It's like an amateur going up to an entirely unregulated wall street and expecting to earn some quick cash.
The word you want here is "ethereum" not "crypto". Crypto is cryptography, and even if you want to redefine it as 'cryptocurrency' the sheer reckless yolo incompetence and scammyness of ethereum is not especially representative.
There are worse coins out there than etherium