81–90 of 433 posts
I like crypto, at least it's interesting. But what still annoys me is that I have to pay so much for sending money. It's hilarious, SEPA and other methods are cheaper. I bet Western Union is cheaper, and they have airport prices...
Serious question: What problem does web3 or decentralization fix? - Oligopoly of the hyperscalers -> rent server from small provider like ovh/hetzner/netcup (there is plenty). The reason AWS, Azure and GCP are so popular is because people don't care. - Privavy intrusions -> Adblocker/DNS Blocker/Turn off JS/Use browser settings This won't be fixed by web3, ad monetization and tracking won't magically stop. They exist…
The thing that bugs me is that 25 years in the tech industry and I never heard a single person, engineer or business person, ever use the term "web 3." Then one day a few months ago it seemed like a ton of news outlets dropped articles on the exact same day which started using the term. It smells like a made up buzz word that did not originate organically. Someone coined this termed and released a bunch of press rele…
Is it possible to have a decentralized country? Take the united states... people are basically free to sneak in, without becoming residents, without "downloading the American OS into their brains" aka citizenship. Now, what if all countries allowed this? Or, what if a "decrentralized country" offered citizenship with no actual geographic location? Does American citizenship offer people benefits overseas? For example…
What is a religion, if not an extension of citizenship overlayed onto existing governments? It's basically additional rules you follow, with some benefits of membership.
Pretty sure this is because markets are going down. if/when prices go up again headlines will be skepticism disappears as people get into crypto again.
Bitcoin has "crashed" every year. This is nothing new to the crypto market.
Earlier quoted context omitted.
I don't think the point is to fix anything; it's to have remixes/alternatives to what's already out there. However, using AWS for some things and pinning stuff to IPFS and blockchain for others does prove convenient (I don't have to worry about egress costs w/ IPFS for example)
> I don't have to worry about egress costs w/ IPFS for example IPFS isn’t magic: you have to pay for hosting somewhere - you can use it like a CDN to pick cheaper networks but that’s maintenance optimization.
Serious question: What problem does web3 or decentralization fix? - Oligopoly of the hyperscalers -> rent server from small provider like ovh/hetzner/netcup (there is plenty). The reason AWS, Azure and GCP are so popular is because people don't care. - Privavy intrusions -> Adblocker/DNS Blocker/Turn off JS/Use browser settings This won't be fixed by web3, ad monetization and tracking won't magically stop. They exist…
> rent server from small provider
If everyone rents a server and we make these servers talk to each other, that is what I would call decentralization. If you rely on a server operated and rented by someone else, you are subject to their whims: arbitrary bans, censorship, bait & switch, security issues, downtime, etcetra.
I don't believe web3 fixes this but in I don't think decentralization is in principle a useless concept.. It's just hard to do right and harder than that to get enough people on board. And now with cryptocurrency, it's harder than ever to get people on board who aren't just looking to profit off of their buttcoin investment.
Serious question: What problem does web3 or decentralization fix? - Oligopoly of the hyperscalers -> rent server from small provider like ovh/hetzner/netcup (there is plenty). The reason AWS, Azure and GCP are so popular is because people don't care. - Privavy intrusions -> Adblocker/DNS Blocker/Turn off JS/Use browser settings This won't be fixed by web3, ad monetization and tracking won't magically stop. They exist…
The thing that bugs me is that 25 years in the tech industry and I never heard a single person, engineer or business person, ever use the term "web 3." Then one day a few months ago it seemed like a ton of news outlets dropped articles on the exact same day which started using the term. It smells like a made up buzz word that did not originate organically. Someone coined this termed and released a bunch of press rele…
I highly recommend Dan Olsen's documentary mentioned in the article. You'll have far more situational awareness after watching it. https://www.youtube.com/watch?v=YQ_xWvX1n9g
The relentless number of anti-crypto and anti-web3 articles on HN is tiring. Nobody is forcing anyone to partake in this new technology. Skepticism is healthy, but criticism without being constructive is not. There are clearly _some_ novel ideas in the crypto space, even if you think the state of the community today is not healthy. Thousands of teams are exploring ideas on many different fronts (e.g. L1s, L2s, NFTs).…
At best your typical crypto project is just a planet-destroying unregulated casino, at worst it's criminal fraud. I don't care that it might contain cool tech.
The same goes for e.g. ransomware. It might be innovative. It's still a huge blight on humanity.
The evidence to support the claim is pretty weak, basically there's some more anti-crypto blogposts and documentaries out. I could easily make an article with the reverse claim and point out the pro-crypto blogposts and documentaries.