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0 pointsrisyachka3y ago0 comments

>> They could all be built without tokens or a blockchain if they wanted to

Sure, and all web2.0 tech can be built without AWS or docker. But in many cases, they give you a powerful advantage.

Same with blockchain. What now is happening in web3.0 is not that different from the dot com bubble. But it busted, and then a ton of new profitable companies appeared.

Blockchain tech will for sure have many legit use cases, same with tokens and tokenomics.

Will most of the current crypto companies go bust? Probably.

Does this mean that blockchain and tokens are crap? No.

0 comments

epups3y ago

Hopium, the ultimate crypto currency

cuteboy193y ago

>But in many cases, they give you a powerful advantage

What is the advantage? Apart from evading securities regulation that is. In 99.99% of cases the only advantage is pointless hype

smoldesu3y ago

> Blockchain tech will for sure have many legit use cases

When?

oblio3y ago

Well, it will only take as long as for web 1.0 and web 2.0 to find legit use cases.

What's that you say? Those technologies have legit cases from almost day 1, it just took the technology a bit to catch up?

That's just like crypto tech.

Ah, it isn't, you say? Blockchain has the tech but the list of legit and popular use cases only it can solve is almost 0 and we haven't really found new ones in almost 14 years?

smoldesu3y ago

I think you've basically defeated your own arguement. These Web3 principles of decentralization are not new, and fully possible to implement with Web2. Bittorrent, DNS, Napster, PeerTube, Matrix, Mastodon... all of them are Web2 software that use the smart principles of Web3 without adopting asinine smart contracts or self-sabotaging governance concepts.

The Blockchain does have problems it can solve, they just got solved by Web2 first. Sorry.

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0 pointsrisyachka3y ago0 comments

>> They could all be built without tokens or a blockchain if they wanted to

Sure, and all web2.0 tech can be built without AWS or docker. But in many cases, they give you a powerful advantage.

Same with blockchain. What now is happening in web3.0 is not that different from the dot com bubble. But it busted, and then a ton of new profitable companies appeared.

Blockchain tech will for sure have many legit use cases, same with tokens and tokenomics.

Will most of the current crypto companies go bust? Probably.

Does this mean that blockchain and tokens are crap? No.

0 comments

epups3y ago

Hopium, the ultimate crypto currency

cuteboy193y ago

>But in many cases, they give you a powerful advantage

What is the advantage? Apart from evading securities regulation that is. In 99.99% of cases the only advantage is pointless hype

smoldesu3y ago

> Blockchain tech will for sure have many legit use cases

When?

oblio3y ago

Well, it will only take as long as for web 1.0 and web 2.0 to find legit use cases.

What's that you say? Those technologies have legit cases from almost day 1, it just took the technology a bit to catch up?

That's just like crypto tech.

Ah, it isn't, you say? Blockchain has the tech but the list of legit and popular use cases only it can solve is almost 0 and we haven't really found new ones in almost 14 years?

smoldesu3y ago

The Blockchain does have problems it can solve, they just got solved by Web2 first. Sorry.

2 more replies

j / k navigate · click thread line to collapse