Comment by miracle2k | Hacker News Reader

Comment by miracle2k | Hacker News Reader

A lot of the web3 critiques make much the same points, but the writing style of this one (as if addressing a child) combined with the arrogance ("the cognitive dissonance will be too much") makes this one stand out.

If I may add some notes for future authors:

- You can be certain that the vast majority of web3 "thought leaders" you will argue with online have done quite well for themselves. Far from being prisoners in a pyramid scheme, they have cashed out more than they put in, and if they wanted to, they could cash out entirely, being unequivocally in the black. Frankly, it makes more sense to impugn the objectivity of the people who must feel they missed out. Just focus on your arguments.

- Maybe critics could approach the subject of decentralization with a little more depth than "someone is using a Discord so it's not decentralized so why do we need a blockchain". If you take NFTs specifically, I find it really surprising that it is hard to understand that trusting an artist when she says she created an NFT is not the same thing as having the database of NFTs managed by Artnet.

Hi thanks for the feedback! About my writing style in general: I usually write as if I'm writing to my younger self, telling him what I wished he learned faster. Perhaps I should be kinder to him. I'll be careful not to mean to others next time. However, I don't feel like we have to be nice to the 'web thought leaders' who have cashed in their tokens for real money already. They're the grifters. The stories from people making real money from selling crypto are to be found everywhere, but obvs that pyramid scheme/lottery situation means that lots of others lost their money. I hear too little from them.

I was genuinely pissed off about all the time I put in trying to read all that techno babble various blockchain websites only to find out that most of them are just a scheme to turn tokens into money. I'm disappointed in the tech community for not being more vocal against the hype. So I wanted to put out there what I learned, so that others can see things not through the lens of 'next big thing', but 'possibly made by someone who wants my money'.

All we want to know is, where's the beef?

Don't forget there are a lot of well-to-do devs here who just want to know what the technical details are. A lot of us are no longer in it for the money.

The author is basically calling out the proponents of "web3" to define it with RFC-level detail, something that I think would be tremendously beneficial to everyone in this debate.

I read that point about Discord differently: One of the often stated advantages of blockchain technology lies in the ability to build decentralized and censorship-proof social platforms. And yet there doesn't seem to be such a platform, people still use Discord.

> You can be certain that the vast majority of

[citation needed].

Plus, this wouldn't even make their argument any more valid: there are, sadly, today, still plenty of well-off big co's owners/shareholders that will tout capitalism in its current form is perfectly fine and the world is going fine and their strategy is making them richer, so why wouldn't anyone else join?

> Plus, this wouldn't even make their argument any more valid

I am saying don't declare that anyone who holds crypto must be dismissed.

Yeah, the best way to get upvoted on Hacker News is to write a negative post about the future of crypto, it doesn't even have to be a good post, a badly written one like this will suffice.

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