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Is Web3 Bullshit?

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Re: Is Web3 Bullshit?

#381

Yes it is bullshit. Any of you positive activists have any financial literacy? I've not met a single person who is positive about cryptocurrencies that also has a finance degree, that is not also a conman selling crap securities. Every respectable financially knowledgeable person I know calls them a fraud.

This is laughably false and easily disproved by even a cursory search of who is putting time and money into this space.

Do more than a cursory search and you'll find questionable ethical backgrounds and questionable ethics in their employers for every finance industry pro-cryptocurrency advocate. They are grifters, operating a scale.

Re: Is Web3 Bullshit?

#382

Earlier quoted context omitted.

This is laughably false and easily disproved by even a cursory search of who is putting time and money into this space.

Do more than a cursory search and you'll find questionable ethical backgrounds and questionable ethics in their employers for every finance industry pro-cryptocurrency advocate. They are grifters, operating a scale.

This is a stupid generalization and straw man.

If this is your argument then just stick to your 401k and fuck off.

Re: Is Web3 Bullshit?

#383
post #234

"Web 2.0" was the modern web around 2008, and concurrent with or associated with things like AJAX and Ruby-on-Rails - here is an old article expanding on the term: https://www.informit.com/articles/article.aspx?p=1310178 "Web 2.0 is a term (or rather buzzword) that you often hear when describing most “modern” web sites; however, it shouldn’t be a new concept to web developers. Web 2.0 is actually a consolidation of m…

The difference between Web 2 and 3 is that no one had to write long Twitter threads daily on why Web 2 was the revolution, and what builders should be making with it. It was organic because there was demand from consumers, and people used the tools available to them to fulfill that demand. Web 3 is artificial, with little to no demand outside of being a vehicle for unregulated speculation. The people most excited for…

As someone trying to understand the space beyond trading/speculation, this is what I keep running up against. Philosophically I like a lot of the ideas conveyed but everything seems to keep going back to money and getting further and further away from the free and open web.
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