567 karma · joined January 11, 2021
As an example I don’t think Hal would have much interest in shibemoon pump and dump telegram channels and likewise most people joining today don’t have much interest in the implementation details of rootstock.
It’s impossible and maddening to keep the “movement” on track in messaging. Every era is less educated technically and cares less about ideological or political goals and more about the bottom line of making some wealth.
So of course the movement is diluted. Influencers are rarely true cypherpunks and are the loudest by profession. But it doesn’t mean it isn’t working. IMHO the traditional finance system has only gotten more troubling since Satoshi’s whitepaper while crypto has grown more and more capable. It’s true there have been new challenges that have emerged, some of which are still ongoing, but that’s part of growth.
The fact is that 99% of the perceived uses are simply riding the hype train for investment. The 1% is really changing things, despite all the haters, but it’s typically finance, currency, settlement, etc.
The grieving don’t care for the topic and it comes across as callous, however well intended or correct you may be.
In any case, there’s a big difference between “needing a middleman” to do something and leaving your funds with a middleman indefinitely. That’s like needing to use a taxi and paying with cash versus leaving your life savings with the taxi person so some day when you maybe want to use a taxi it’ll be easier.
And the acceleration and quiet ride are nice. It’s just one of those things you don’t appreciate till you have for a while. Like backup cameras.
Fortunately decentralized oracles are an area of focus right now, but it’ll be a slow process since most expansion will require a special integration and potentially expert oracles.
There are also things like M Pesa/MobileMoney which have half a billion users in sub Saharan Africa. Simply an account balance held by telcos, accessible from any GSM phone. It’s custodial but could easily swap in crypto and extend to the rest of the network if there was a movement to do so.
But even without all that, vanilla crypto transactions don’t really take much bandwidth. You do need a connection of some sort but just running a light client is not very demanding by any means.