Tag: web3
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The predatory communities of crypto
Molly White: Crypto, when it comes down to it, relies on greater fools. As assets without any intrinsic value, the way to make money from crypto is to find a greater fool who will buy your assets from you at a higher price. Molly White (who I’ve linked to before) has been on a crusade against…
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Robin Sloan on Web3
I’ve been meaning to link to Robin Sloan’s “counterweight to the growing hype” of Web3 for many weeks and forgotten. I think it pairs nicely with my link to Molly White’s Web3 hype damper. Robin’s piece does more than simply attempt to squash the excitement of someone curious about Web3. It is a fair and…
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Moxie Marlinspike on Web3
Moxie Marlinspike*, ex-CEO of Signal, on Web3: I decided to explore some of what has been happening in that space more thoroughly to see what I may be missing. To explore Web3 he built a “distributed app” that tracked NFT derivatives and also minted an NFT that turned into a poop emoji once you added…
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Web3 is going just great
Readers of my blog may already be familiar with my thoughts on crypto and NFTs. To reiterate, in short; I’m bullish on blockchain, so-so on Bitcoin, looking closely at Ethereum, and skeptical about the longterm benefits of NFTs (though I think they could be a useful technology). If I had to summarize my opinion on…