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Most of Rust job offers are in crypto

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41–49 of 49 posts

Re: Most of Rust job offers are in crypto

#41
post #29

Good. Finally one positive impact crypto has on the world. After it all crashes, hopefully these rust coders will find their way into traditional finance and tech and displace C++.

Each crypto market crash has only been a temporary set back. Market cap could drop 75% and still bounce back within the year. The hyper-competitive and trustless nature of crypto rewards the most elite projects staffed by +4 SD minds. It’s like how Quant funds are a darwinian bloodbath. The only way crypto is going away for good is replacement by vastly better technology or assets.

Crypto is just what you get in a zero interest rate world. That's how it started (fear of money inflation).

With interest rates in steady state rates, people would choose wisely if it's better to stash money into a regular savings account or into void of cryptoschemes with occassional jackpot.

I agree - the replacement is better assets, such as cash. When it is priced reasonably again.

Re: Most of Rust job offers are in crypto

#43
post #41

Earlier quoted context omitted.

Each crypto market crash has only been a temporary set back. Market cap could drop 75% and still bounce back within the year. The hyper-competitive and trustless nature of crypto rewards the most elite projects staffed by +4 SD minds. It’s like how Quant funds are a darwinian bloodbath. The only way crypto is going away for good is replacement by vastly better technology or assets.

Crypto is just what you get in a zero interest rate world. That's how it started (fear of money inflation). With interest rates in steady state rates, people would choose wisely if it's better to stash money into a regular savings account or into void of cryptoschemes with occassional jackpot. I agree - the replacement is better assets, such as cash. When it is priced reasonably again.

Those are good points. I haven’t seen much discussion of interest rates in crypto circles even with all the shady 10% APY staking programs designed to compete with savings accounts.

Re: Most of Rust job offers are in crypto

#44
post #31

Number of openings is very much not the same as the number of jobs that exist; the article conflates the two, but it's entirely possible that many devs just don't want to work for crypto companies, so crypto job openings stay unfilled (and therefore visible) for longer than other types of Rust positions.

I think you have a point. But the number of openings is a way easier thing to measure than the number of jobs, because you can just scrape public job boards. I think the goal of the post was to bring at least some data to the many anecdotes about Rust being so permeated by crypto (and personal experience agrees with that).

Re: Most of Rust job offers are in crypto

#48
post #8
post #4

Unfortunately. Similar to Haskell. While with Rust it can be justified by its novelty and status as a meme, Haskell has been here since 1990. Maybe it's because it's hard to attract talent in that space without offering niche, cool tools that are hard to find elsewhere?

Maybe it’s because crypto actually needs the advanced features and correctness that Rust provides, while language doesn’t matter for most of your basic CRUD jobs so people use JS or whatever

crypto gets hacked much too often to pretend that pointer safety somehow does something useful for them

Re: Most of Rust job offers are in crypto

#49
post #36

Earlier quoted context omitted.

> crypto > real money Not sure if sarcasm or...

Heh. Didn't think about it that way. I'll remember to put "fake money" in quotes next time. However, the crypto people genuinely believe that they have something worth stealing and that Rust helps keep what they have from getting stolen. That is a direct downvote by highly motivated and self-interested actors against C/C++.

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