Live data from Hacker News

Web3 and crypto skepticism is growing and people are finally starting to listen

coywolf.news

211–220 of 433 posts

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#211
post #24

Earlier quoted context omitted.

> I don't have to worry about egress costs w/ IPFS for example IPFS isn’t magic: you have to pay for hosting somewhere - you can use it like a CDN to pick cheaper networks but that’s maintenance optimization.

Also moving bits is free. Just throw your static content on a non-greedy host.

It's only free for a small amount of content or when you're ad supported. If you get significant traffic or care about performance, someone needs to pay for it.

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#212
post #89
post #60

The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…

I don't support robocall spammers, even if their tech stacks might contain interesting nuggets. At best your typical crypto project is just a planet-destroying unregulated casino, at worst it's criminal fraud. I don't care that it might contain cool tech. The same goes for e.g. ransomware. It might be innovative. It's still a huge blight on humanity.

[deleted]

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#213
post #29

It’s pretty cool that I can send $1M to someone without a bank intervening, not to mention that nobody can stop the transaction from happening. And then they can print that out onto a sheet a paper and put it into a vault. Crypto is really great if you’re a drug dealer or some other kind of criminal.

It’s pretty cool that I can send a text message to someone without an authority intervening, not to mention that nobody can stop the transaction from happening. And then they can print that out onto a sheet a paper or share it with all their friends. Encryption is really great if you’re a terrorist or some kind of pervert.

How do you send a text message without any authority intervening these days?

Email used to do that, I guess, but now if GMail doesn't like you there may be problems.

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#214
The whole point of crypto is putting back trading in the hands of the people, rather than let banks, funds and other institutions be in control.

In practice it results in one of the biggest retail markets. That's good for everyone involved.

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#215

I like crypto, at least it's interesting. But what still annoys me is that I have to pay so much for sending money. It's hilarious, SEPA and other methods are cheaper. I bet Western Union is cheaper, and they have airport prices...

Those ETH gas fees are crazy. I recently had to pay ~25 USD to throw a few hundred bucks worth of TIME on wonderland.money (do not recommend if you like making money). I recently sent 1000 USD to Tunisia via Western Union using my debit card, and the fee was $7.

The receiver in Tunisia needed to provide proof of identity to claim that money.

If they are a foreigner in Tunisia, they might also need to provide a passport, valid visa, etc., as well as deal with someone in a foreign language.

I'd prefer my money to go to my phone and not have to deal with anyone in person or give up my personal information, especially over small amounts like $1000.

ETH is L1. There are alternative L2 blockchains that cost pennies to send funds.

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#216
post #102

Earlier quoted context omitted.

"Nobody is forcing anyone to partake in this new technology" Plenty of its advocates very clearly WANT to force people to partake though. Anything to keep that number going up.

No they don't want to force anyone and there's no evidence of this. Just because there are a lot of evangelists doesn't mean anyone is forced to do anything

[deleted]

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#217
post #20

Pretty sure this is because markets are going down. if/when prices go up again headlines will be skepticism disappears as people get into crypto again.

These critics have been around for a while. Dan Olson started researching this video long before this recent crash. You should watch it. https://youtu.be/YQ_xWvX1n9g

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#218
post #78

Earlier quoted context omitted.

It’s relevant because it’s not “people are too stupid/naive” but rather that most people have different priorities. If you want people to use a new system, you need to have it do something they care about better than the status quo. That’s why I suggested learning from history: the reasons why people moved from personal sites to Facebook/Twitter/etc. are important for anyone trying to get them back.

No I don't think it's about personal sites at all and I wouldn't rely on the limited history of the internet but you'd see decentralized services have flourished until powers at be shut them down or gobbled them up. To those with different priorities than what I listed (privacy, ownership) they usually care about usability, and decentralized platforms can be just as usable and popular. I think all the hate is from th…

> Ask yourself, why are you rooting against this thing?

I'm rooting against scammers using something I do care about as a sales tactic for something which has failed to find market demand.

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#219
post #89
post #60

The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…

I don't support robocall spammers, even if their tech stacks might contain interesting nuggets. At best your typical crypto project is just a planet-destroying unregulated casino, at worst it's criminal fraud. I don't care that it might contain cool tech. The same goes for e.g. ransomware. It might be innovative. It's still a huge blight on humanity.

Please don't post shallow-indignant flamewar comments, regardless of how right you are or feel you are. It makes for dumbed-down, tedious internet threads, and we'd prefer to avoid those.

https://news.ycombinator.com/newsguidelines.html

Re: Web3 and crypto skepticism is growing and people are finally starting to listen

#220

Earlier quoted context omitted.

No they don't want to force anyone and there's no evidence of this. Just because there are a lot of evangelists doesn't mean anyone is forced to do anything

"no evidence of this" is too strong of a claim. The folks who argue that fiat currency is dead, or should be dead, are implying they want a world where fiat currency disappears and then cryptocurrency emerges as the replacement. In that scenario, it is correct to say that some people are trying to force crypto on the rest of the world.

That's like saying people who said that the telegraph is dead, and will be replaced by the telephone, were trying to force telephones on people.
Post reply on HN