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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

#31

Let us replace the abundance of the near infinite with the eternal dedication of resources to the enforcement of artificial scarcity that some copies might be more real and unique than others. For such is the power of crypto eternal. Amine.

Proof of stake leverages the abundance of the near infinite

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

#32
post #4

For those who don't know web3 is the idea of building a web on a decentralized blockchain. I think more specifically the idea is to replace the need for name servers with a blockchain protocol. Like anything blockchain there is no real solution for how to handle records becoming stale over time without a central authority that manages disputes. I find it ridiculous that this idea even got to occupy the name as I thin…

The original definition of Web 3.0 (or Semantic Web) was conceived by Tim Berners-Lee and meant something completely different, it referred to a web that had all information assembled into an open graph that was easily accessible and machine readable with the goal of leading to an AI revolution. AFAICT the "web3" moniker was co-opted by Ethereum developers to refer to something which is almost entirely opposed to tha…

Yes, and it is pretty typical of blockchain cheerleaders to imagine ideas that have already been imagined as revolutionary

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

#33
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?

Web3 proponents have been repeating that all the smartest people they know are in web3. It's more of a meme that's been repeated than a real observation, and I would guess the "smartest people they know" aren't very smart at all or have a large financial interest in it.

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

#34
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?

The very smart pro-crypto people are making money from the dumber pro-crypto people.

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

#36
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…

People like Ari Juels, Gavin Wood and Vitalik Buterin aren't intelligent to you?

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

#40
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?

> 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. Most people, even web3 proponents, seem to agree that the current crop of web3 companies is largely scammy or without real value propositions beyond speculation. It's actually hard to argue otherwise when you look at what's out there. Y…

At some point people need to realize that building a platform that primarily enables hucksters and scammers is not a good thing to do.

Unless there is a reason to believe that somehow the scams will be outdone by legitimate use cases, the platform should be abandoned.

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