Web3 Is Going Just Great

by dotcoma • 3 years ago

23 15 3 years ago

imiric4• 3 years ago

This will be right up HN's alley, but going against the grain here: what these cherry picked news sites do is showcase the very worst of the cryptocurrency space, which overshadows the actual merits of the technology. Grifters and scam artists have existed in every novel human venture, from the gold rush to the internet. The fact that they also exist in crypto says more about human nature than crypto itself.

These sites and the people who only propagate negative news as some type of proof that the entire space is rotten do more of a disservice to humanity than the scammers. There are plenty of genuinely beneficial uses of this technology that are worth exploring, and focusing only on the negative is throwing the baby out with the bath water. It only stops healthy discussion and propagates the meme that anything crypto-related is automatically a scam.

I urge everyone to be more nuanced and open minded, especially on this forum.

dotcoma2• 3 years ago

There are plenty of genuinely beneficial uses of this technology that are worth exploring.

Please inform us of said beneficial uses. Thank you.

imiric4• 3 years ago

For any use case where a decentralized public consensus mechanism would be a good fit. I'm not going to argue for a specific product, but you can use your open mind and creativity to think of a few.

My point is that propagating the notion that blockchain/crypto/web3 is automatically a scam is counterproductive for adopting novel solutions to the problems we currently face.

bedane• 3 years ago

censorship-resistant payments and finance

regulated blockchain applications however, have no utility I can think of

gmerc• 3 years ago

Why is there no equivalent page with the overwhelming successes of this technology in the real world?

ulfw3• 3 years ago

We all know why.

Web3 Is Going Just Great

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