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The Disappointing Tea.xyz

connortumbleson.com

51–60 of 90 posts

Re: The Disappointing Tea.xyz

#51

Much akin to the Hacktoberfest debacle, manufactured incentives seem to hurt public spaces.

https://joel.net/how-one-guy-ruined-hacktoberfest2020-drama Very similar: some guy created a video and a lot of people submit useless PRs, except for a T-shirt instead of crypto. EDIT: Except, Hacktoberfest ran since 2014 and there was never an issue before the video, which (unintentionally) brought it a lot more attention and gave a bad example of an “improvement”. Incentives can be good if designed and explained ca…

Hah! I was a contributor in the past, have 3-4 T-shirts and a bunch of stickers, and then last year in October I wondered what happened to Hacktoberfest, why it didn't have the coverage like it had in the past.

Re: The Disappointing Tea.xyz

#52

Cryptocurrency has basically completely inverted the trust issue it's meant to solve (at least for many developers). In theory, a decentralized ledger of project contributions / owners is a good idea for distributing sponsorship dollars without a middleman controlling things. In practice, the brand of crypto has gotten so bad that developers are far more likely to trust centralized mechanisms like GitHub's funding.ya…

And it doesn't even solve the trust problem for anything off chain. And even if it would than the question of which chain is the right one comes up. Did you know there are fake nfts and you hardly can see which ones are real? You literally need an initial trust anchor like a project website with https to learn about it. What a wonderful irony.

What differentiates a "fake" NFT from a "real" one?

Re: The Disappointing Tea.xyz

#53

Earlier quoted context omitted.

And it doesn't even solve the trust problem for anything off chain. And even if it would than the question of which chain is the right one comes up. Did you know there are fake nfts and you hardly can see which ones are real? You literally need an initial trust anchor like a project website with https to learn about it. What a wonderful irony.

Counterfeits exist in real life too, bit crypto has the benefit that you can actually prove who created something where in real life a good counterfeit could remain undetected.

> crypto has the benefit that you can actually prove who created something

No. Crypto lets you prove who wrote a small amount of data to the blockchain.

Re: The Disappointing Tea.xyz

#54
post #23

Just as an aside Tea.xyz is funded by Binance. [1] Make of this what you will, but I call immediate scam. https://www.businesswire.com/news/home/20220323005603/en/Tea...

Good find. > March 23, 2022 Looks like this is one of the last turds from the crypto diarrheafest making its way through the pipes. Good riddance.

Grady Booch had something to say about this: https://news.ycombinator.com/item?id=35220654

Re: The Disappointing Tea.xyz

#55

Earlier quoted context omitted.

And it doesn't even solve the trust problem for anything off chain. And even if it would than the question of which chain is the right one comes up. Did you know there are fake nfts and you hardly can see which ones are real? You literally need an initial trust anchor like a project website with https to learn about it. What a wonderful irony.

Counterfeits exist in real life too, bit crypto has the benefit that you can actually prove who created something where in real life a good counterfeit could remain undetected.

Yep… I can totally prove this random pseudonym/anonnym is definitely the same one that has… never been used before because due to social incentives you want zero links between identities and thus the web of trust is just a sea of filaments floating loose in an ocean

An ocean filled with fish poop…

It’s so great I can definitively verify that this ID is something… but that’s absolutely fucking pointless if I have no way to judge if the entity or entities controlling it, connected to it, supporting it, or even associated with it (to consider potential future actions)… the goal was noble but the implementation completely failed because to succeed would have required the participants to build anchors in the real world of verifiable identities… and for all the value people get from day to day use of cryptocurrencies… the biggest value of crypto was in staying as far away from the real world as possible allowing such things as drug purchases and international money laundering and illegal gambling at a level low enough to evade legal enforcement services coming after the players (since obviously if they could come after the casino/house they would since that’s where all the money is)

Re: The Disappointing Tea.xyz

#56

Earlier quoted context omitted.

And it doesn't even solve the trust problem for anything off chain. And even if it would than the question of which chain is the right one comes up. Did you know there are fake nfts and you hardly can see which ones are real? You literally need an initial trust anchor like a project website with https to learn about it. What a wonderful irony.

Counterfeits exist in real life too, bit crypto has the benefit that you can actually prove who created something where in real life a good counterfeit could remain undetected.

It allows you to show what key signed a record. It doesn’t tell you what person used that key, whether they were acting in good faith, or whether they had the right information. If you want to know any of those things you have to pay real auditors to check real world status, and at that point you’re going to ask why you need to pay so much more to use a slow database which requires always-on internet connectivity when you’d get the same value from a Yubikey or iPhone’s builtin cryptographic primitives.

Re: The Disappointing Tea.xyz

#57
post #4

The financialization of everything is why we can't have nice things.

Financialization is why nice things can be done at scale. Without finanialization the nice things would be smaller and less common. Expecting people to do high quality work for free is not sustainable.

Profit motives don't create quality. Passion and pride create quality. Unfortunately, passion and pride are unreliable, and products and services that rely on them are inconsistent. Profit motives create consistency, but produce products and services that are adequate at best.

So then, reserve profit motives for things that need to be done, and for which you can tolerate mere adequacy. I want my garbageman to be motivated by profit, because society would collapse in a week without garbage collection. For things that need to be done well, there's no alternative other than finding someone who actually gives a shit regardless of the profit involved (which isn't to say that they must live in poverty, but rather that profit must be a secondary motivation rather than a primary one; find someone who wants to be doing the work even if they weren't getting paid).

Re: The Disappointing Tea.xyz

#59
I think an inherent problem is that donors need to be continuously buying the tokens that developers are selling or the project goes to zero. So the the protocol should be built for the donors.

They could say "People can contribute to a project by just staking tokens against a project" but staking tokens isn't a stream of new money. New money needs to be coming from somewhere.

Tokens can be created out of thin air, but money can't be.

It doesn't look good to me through a "game theory lens".

Re: The Disappointing Tea.xyz

#60
post #8
post #5

Tea is from the same person who was using AI generated descriptions in their package manager the other day. Probably best to put your old grift to bed before starting your new one?

Ironically it’s also the same guy who did Homebrew! pkgx looks great on paper (did not try), but why oh why does Max want to put crypto and AI everywhere?

AI is a fun toy. Of course people want to play with it. It's like the era of html. It's not an appropriate use of the technology, it doesn't add value... but... it's fun.
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