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Guido van Rossum: Let Web3 die in a flaming ball of fire

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Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#101
post #69

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

You don't think there's any value in an open source system that proves scarcity in a digital universe?

Imagine you live in a country with abundant fresh water. You can just drink from a spring at every corner.

A group of foreign investors comes in. “It’s shocking how the market for bottled water is completely inexistant here. Don’t worry, we’re going to teach you how to make money selling imported water! First thing, we’ll dynamite those springs that disturb the market…”

Do you welcome these business gurus and their scarcity-introducing ideas with open arms?

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#102
post #12

Earlier quoted context omitted.

Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…

>The intelligent people I know want nothing to do with it. Eric Schmidt is president of ChainLink Silvio Micali professor at MIT created Algorand Emin Gün Sirer creator of Avalanche is a professor at Cornell Nicholas Szabo holds a honorary professorship etc. etc. etc I guess you either don't know these people, or they don't count as intelligent to you. On another note, Web3 technology will soon be everywhere. Individ…

Or maybe they count as "hucksters". All of these people you mentioned seem to be quite invested into the ecosystem and therefore stand to gain quite a lot from crypto going to the moon. It's in their self interest to do everything they can to ignore or dismiss any negative arguments, and convince as many people as possible that their hustle is legitimate.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#103

Earlier quoted context omitted.

Just to be clear, there's very little you (or any readers) ought to conclude from the fact that you know who Guido van Rossum is but are unaware of those other people.

Just to be clear, I have no idea who those people are or what their accomplishments are, but I do know and trust Guido's 1) intellect, and 2) judgment, so I'm inclined to trust a known factor over three unknown ones. And he's known for good reason. Reputation is a thing. I figure I'm not alone.

There's much better arguments for/against crypto than appeals to authority. Consequently, you then cited an appeal to majority to defend your appeal to authority

https://en.wikipedia.org/wiki/Argument_from_authority

https://en.wikipedia.org/wiki/Argumentum_ad_populum

Granted, the crypto debate on HN is pretty well hashed & Guido's tweet doesn't add anything to the discussion besides making clear where he stands on the issue

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#104
post #12

Earlier quoted context omitted.

Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…

In my anecdotal experience, every one of my closest friends who are all very successful silicon valley software engineers are hugely bullish on crypto and defi.

every one of my closest friends who are all very successful Wall St finance guys are hugely bullish on Bernie Madoff's investment funds.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#105
post #12

Earlier quoted context omitted.

Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…

>The intelligent people I know want nothing to do with it. Eric Schmidt is president of ChainLink Silvio Micali professor at MIT created Algorand Emin Gün Sirer creator of Avalanche is a professor at Cornell Nicholas Szabo holds a honorary professorship etc. etc. etc I guess you either don't know these people, or they don't count as intelligent to you. On another note, Web3 technology will soon be everywhere. Individ…

I know who Linus Torvalds is. He's intelligent. I've read some stuff he wrote. I use some software he wrote. I don't know him.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#106

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

> For design reasons, no one can delete anything from it.

This is a feature, not a bug.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#107
post #69

Earlier quoted context omitted.

You don't think there's any value in an open source system that proves scarcity in a digital universe?

It's called DRM and we've had various iterations of it for over 20 years now.

Yes, though that’s half of DRM. The other half are anti-circumvention laws that give it legal, if not technological, teeth.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#108

Isn't a brutish tweet still a brutish tweet no matter who its from? There have been infinitely more interesting crypto conversation starters on this board than this - I don't care who the author is - I care about the content, of which this has none.

Nope, prepare to see the exact same comments as the other two anti-crypto threads posted today and pretty much every day.

I clicked it curious to see what his reasoning was, but nope, the HN headline is all there is.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#109
post #12
post #9

The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?

Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…

I disagree with this. I work at a large US bank and from the conversations I have been apart all the big banks are moving into crypto. So much float is moving out of the banks that they are scramble to catch up to try and control the damage. They are all planning to become crypto banks in a custodial sense to maintain float. Lots of people want to hate the new trendy thing but once this gets mainstream banking support everyone one will be on board.

Re: Guido van Rossum: Let Web3 die in a flaming ball of fire

#110

Earlier quoted context omitted.

Proving scarcity in a universe where copying data is nearly free may swing all the way around to an actually evil construct. If we're trying to do accurate record-keeping on the scarcity of tangible artifacts using digital means... That's useful, but it's not the problem BTC or its ilk solves.

Wait until we get some DRM together with NFTs.

Requiring a transferable license to use IP in a locked-doen metaverse (say, having permission to play a certain album in your "public" space) is the only use case I can see for NFTs and also the reason I'll be using exclusively pirate-friendly metaverses
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