Isn't Stephen Diehl a grifter who sells private blockchain tech and hates on everyone who could threaten his business? I wouldn't call such a source an awesome critique.
Interesting, I thought some of his articles were well put together. Do you have a source for that gossip? Would love get both sides of the story.
Awesome Critique of Crypto/Web3
31–40 of 94 posts
Re: Awesome Critique of Crypto/Web3
#32Isn't Stephen Diehl a grifter who sells private blockchain tech and hates on everyone who could threaten his business? I wouldn't call such a source an awesome critique.
His thesis is pretty much that crypto is just layer and layer of scams. So what benefit is he going to get by poisoning the word "blockchain"?
If public blockchains are considered harmful, people might buy tech for private ones.
Re: Awesome Critique of Crypto/Web3
#33Earlier quoted context omitted.
His thesis is pretty much that crypto is just layer and layer of scams. So what benefit is he going to get by poisoning the word "blockchain"?
If public blockchains are considered harmful, people might buy tech for private ones.
Why on earth would you want a private blockchain? Just use Cassandra and be done with it.
Re: Awesome Critique of Crypto/Web3
#34Quoted post unavailable.
[flagged]
Re: Awesome Critique of Crypto/Web3
#35Earlier quoted context omitted.
The optimistic view is that it will all crash and burn tomorrow. The pessimistic view is that it will survive, and cause even more harm than it has already.
Quoted post unavailable.
I like tulips. I buy tulip bulbs.
That they are worth 10x the annual wages of a skilled worker is preposterous.
At least they don’t churn through terawatts and terawatts.
Blockchains will exist. They’ll do stuff. Like tulips.
Anyone who bet on tulips continuing to be worth 10x the annual wages of a skilled worker was, in fact, the greater fool and discovered the hard way that there was no greater fool than them.
They are beautiful, though, tulips.
Re: Awesome Critique of Crypto/Web3
#36Earlier quoted context omitted.
Quoted post unavailable.
I like tulips. I buy tulip bulbs. That they are worth 10x the annual wages of a skilled worker is preposterous. At least they don’t churn through terawatts and terawatts. Blockchains will exist. They’ll do stuff. Like tulips. Anyone who bet on tulips continuing to be worth 10x the annual wages of a skilled worker was, in fact, the greater fool and discovered the hard way that there was no greater fool than them. They…
[deleted]
Re: Awesome Critique of Crypto/Web3
#37Earlier quoted context omitted.
Quoted post unavailable.
I like tulips. I buy tulip bulbs. That they are worth 10x the annual wages of a skilled worker is preposterous. At least they don’t churn through terawatts and terawatts. Blockchains will exist. They’ll do stuff. Like tulips. Anyone who bet on tulips continuing to be worth 10x the annual wages of a skilled worker was, in fact, the greater fool and discovered the hard way that there was no greater fool than them. They…
[deleted]
Re: Awesome Critique of Crypto/Web3
#38Re: Awesome Critique of Crypto/Web3
#39Yeah, no thank you, I don't come to Hacker News for crypto talk, the bias is comical and the talking points are recycled as a new article every week (scams!, speculation!, hype!, wasted electricity!, tether!) All of those have rebuttals, but I don't want to get into the politics of it, there's plenty of that already. Can we please talk about the fucking tech here? I'm talking about what's made with it, not some sort…
I wish I could be this positive and resourceful on this topic. It just gives me the urge to write a passive-aggressive tirade against the unfounded (almost manufactured) hate against this powerful technology. Nobody is putting it back in the box, no matter how many years they spend whining on their ironically named "dunning-kruger" blogs. Dammit, there I go again. I could go on for 12 more paragraphs but I'll cut it short here.
Re: Awesome Critique of Crypto/Web3
#40Web3 has many reasons it could fail. I choose to be optimistic. > The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works. https://www.newsweek.com/clifford-stoll-why-web-wont-be-nirv...
A user replied to you, then I asked him to expand on his doomsday prediction. He went made an analogy involving tulips and and flagged my rebuttal and now the conversation is gone.
The gist was, tulips are flowers, not distributed apps and ledgers. He has no specific criticism, just a doomsday prediction, fear mongering, and false equivalencies.