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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

#91

Post by blenderdt »

Yes, crypto is (if the implementation is good) a way to make sure transactions are valid.

But I think there is too little discussion about the transactions that go in and out the network. Those transactions are still about trust. So crypto doesn't solve any trust issues.

And since not a lot of people have the resources to host crypto it will become less decentralized over time. So in the end it also doesn't fix centralization.

To me it's just a gold rush. Some people will get very wealthy from it, most wont.

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

#93

Post by hackmiester »

mattwilsonn888 wrote: post #59

Isn't a brutish tweet still a brutish tweet no matter who its from? There have been infinitely more interesting crypto conversation starters on this board than this - I don't care who the author is - I care about the content, of which this has none.

yes. I retweeted this, but am surprised to see it on HN.

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

#94

Post by gojomo »

gotaquestion wrote: post #56
seany wrote: post #24

Earlier quoted context omitted.

There is a real cohort of libertarian folks who really do want digital anonymous cash replacement.

I find it endlessly amusing that the subset of libertarians who love to berate socialism "as never having worked" by pointing to Bolshevik Russia have limitless patience for the at-scale failures of crypto. Obviously not all libertarians, but quite I large number that I've bickered with on HN/Reddit.

Cryptoeconomics has been a mix of successes & failures, among the very-privileged who can afford to take financial risks, for just the last ~13y. Everyone involved knows there's a lot of things left to solve, but sees reasons for hope.

For 100+ years, the most fervently 'socialist' regimes have promised various utopias but actually delivered famines, prison camps, pathologically dishonest & oppressive police states, and even genocides on a larger scale than famous 'fascist' regimes.

I can see why you might get into bickering if you find those situations analogous!

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

#95

Post by slowmovintarget »

jrockway wrote: post #49

Web3 makes a lot of sense to me. The people that got into Bitcoin early are now out and ridiculously rich. Other people also wanted to get rich, but that exact opportunity feels like it passed (still holding out for my $80 invested in Bitcoin to be worth >$100,000, but I got in kind of late), so people started making their own coins in the hopes of repeating the process. That had mixed success, Etherium (and maybe Do…

Making a Ponzi scheme digital doesn't make it better, it just makes it faster.

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

#96

Post by AlexandrB »

doliveira wrote: post #89
shadowgovt wrote: post #82

Earlier quoted context omitted.

Proving scarcity in a universe where copying data is nearly free may swing all the way around to an actually evil construct. If we're trying to do accurate record-keeping on the scarcity of tangible artifacts using digital means... That's useful, but it's not the problem BTC or its ilk solves.

Wait until we get some DRM together with NFTs.

That feels like the endgame for some of this. A crypto enforcement layer in your PC that validates whether you have the right to copy an ape jpeg.

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

#98

Post by howmayiannoyyou »

labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

I just created the world's most redundant and incorruptible database. People will have to pay many dollars to specialists called "miners" to add rows. For integrity reasons, no one can delete anything from it. It might change parts of the world where redundancy and integrity are threats to very powerful people who want to control transactions and corresponding data.

-- Fixed it for you

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

#99

Post by yumraj »

mattwilsonn888 wrote: post #59

Isn't a brutish tweet still a brutish tweet no matter who its from? There have been infinitely more interesting crypto conversation starters on this board than this - I don't care who the author is - I care about the content, of which this has none.

You mean like most of Musk's tweets, which are almost always brutish, have no content, yet make news.
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