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You can keep telling yourself that, but there's enough utility and momentum behind it that it is not going anywhere. I'm saying this as a person with no stake in the matter, just observing from the sidelines.
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>The blockchain technology itself is a marvel and the safety/security properties of properly decentralized systems are unmatched. The whole financial world would be better written using blockchain/smart contracts, same goes for voting/governance, etc. No, blockchain really isn't all that amazing. Blockchain is useful when you need something decentralized, immutable, and trustless . That trustless bit is the important…
Most important property of blockchains is verifiable transparency. That is a huge deal and yes, most financial and government systems would be much better for people if they were built with that type of verifiable transparency. Decentralization is important but isn't as important. There are many successful chains that aren't decentralized at all and are quite useful. Most top/real projects in blockchains aren't immut…
> Trustless - even this part isn' true for most blockchain systems.
Blockchains are immutable, trustless, permissionless. Otherwise it's called a database.
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I don't think that it's all a scam, but I do think that it gives scammers a vehicle to con people without oversight or regulation. They also end up with "real" money which can be spent.
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E.g. you can pay for Mullvad in crypto, Mullvad is not a scam. You can trade predictions on Polymarket, Polymarket is not a scam.
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>The blockchain technology itself is a marvel and the safety/security properties of properly decentralized systems are unmatched. The whole financial world would be better written using blockchain/smart contracts, same goes for voting/governance, etc. No, blockchain really isn't all that amazing. Blockchain is useful when you need something decentralized, immutable, and trustless . That trustless bit is the important…
Spoke to some people working at big banks: They say trust, or rather lack thereof, _between_ banks is a key issue. Blockchains solve that.
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Eh, I'm still a goldbug who thinks fiat is a scam and I hate crypto too. I actually don't care about gold specifically, I just think currency should be backed by some sort of real good that's durable and relatively rare. The goal being to make currency harder for governments and banks to manipulate (the whole reason we backed out of Bretton Woods was because our manipulations had finally caught up to the realities of…
> I just think currency should be backed by some sort of real good that's durable and relatively rare. It is! It's backed by F-35s and B-2s and big aircraft carriers.
I had a look at the community feed thingy on the right-hand side of https://coinmarketcap.com/currencies/zerebro/ , oh boy, never have I seen such a high concentration of scammers scamming each other in broad daylight. You'll find real gems like "Amazon" (shown as "Amazon" with Amazon logo, with the handle @nk1dfpb3fmjp conveniently hidden) announcing "the next era of digital transactions with the Amazon Token (AM…
You must be new to crypto. This is standard operating procedure. These scammers are everywhere and they're hard to miss. It's common to have fake or hacked youtube channels - often with hundreds of thousands of subscribers - branded as official channels, featuring deepfake videos and livestreams from tech ceos announcing these scam coins. There are fake comments under tech videos and fake accounts on twitter discussi…
Inexplicably, X runs $Grok ads featuring fake Musk.
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Software engineers are just normal people. Our brains are not "special." This (objectively incorrect) mental model of software devs is very harmful if you want to actually understand things going on around you.
People are attracted to things based on their personality traits. The average software engineer is not the same as the average person, because the average person is not attracted to software engineering. In my observations, the average software engineer is more likely to be persnickety, caught up in small details, and obsessive than the average person. We're more likely to split hairs than most people would care to,…
It sounds like a fancy way of saying that people on the spectrum are more likely to become software engineers than some other arbitrary person.