Nice meme but pls
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Lol I didn’t even know it was drake, I just thought it was some guy
What’s a Drake?
It’s like a Tate, but Canadian.
Not defending Drake, but he’s definitely not nearly as mush of a monster as Tate.
Of course not, he’s Canadian.
A drake is a four legged dragon that lacks wings, but that’s not important now.
I think it’s a male duck
Maybe same text just laforge format. Fediverce is star trek.
Trying to claim the term “Web3” is a futile battle. It is already widely understood to mean crypto and blockchain. If I see a job posting that says the company is built on Web3, I know immediately that the job is built on scams and grifts without having to ask further questions. Web3 as a term is ruined already.
For this to work it must be a different term than Web3. Maybe “Web 3.0” is different enough?
Web 3.0 was the semantic web.
Web3 usually means it’s decentralized. So yes, in most cases it’s cryptocurrencies
But most cryptocurrencies aren’t decentralized!
What? That’s the whole point of crypto currencies.
Not the scams, which are most cryptocurrencies.
How about Fweb or Feb?
Web Cubed
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I mean… We are getting to a point where die off of a good chunk of the World-Wide Web due to bad actors and drying-up ad revenue isn’t implausible. The Web is only one part of the Internet.
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Or perhaps Web 3.1. But seriously, I would call it the Federated Web.
Web 3.1 for Workgroups?
The FedWeb
Can’t quite put my finger on it but something about this doesn’t sit right with me
Feds Web
The Feb
It’s not a bad idea but federated is the term they’re using to tell everybody not to get off reddit because it’s too confusing.
I think whatever name you give it they’re going to try to sell it as being too confusing.
You could call it distributed web but they’ll taint that as soon as you stick it in front of them
“Web x” is dumb marketing speak. It exists because people who use the phrase can’t intelligently talk about the actual underlying technology.
Abusing terminology, especially by marketers, is frustrating and cringe. But don’t underestimate the value in having a simple, shared term to describe a paradigm many things fit into.
I think it’s useful terminology, but only very generally and in hindsight. Web 1 is a pretty clear era in the 90s and early 2000s, characterized by simple static blogs and personal websites, and email. Everyone knew this would be big, but nobody figured out how, that was the dotcom bubble. Web 2 began with the rise of big tech companies like Google and Facebook in the late 2000s, it has been characterized by social media apps, centralized platforms hosting user created content, funded by targeted advertising and data mining. Web apps became possible and smartphones took over. Every product became a subscription service.
I think we’re at the start of web 3, but it’s hard to say what that is yet. The big tech companies are crumbling and there’s increasing unrest at the old system of web 2. Fed up users are turning to platforms like this. There’s a lot of demand for crypto nonsense like NFTs. AI is changing the way we do everything.
I hope that web 3 is the age of decentralization because that would be awesome, but it’s impossible to predict the future.
also Web 3.0 was already a thing (semantic web), cryptobros just stole the term.
Which is pretty much what activitypub is a part of.
Hey, it has so many uses. I can’t name a good one that isn’t actively being made a scam, but so many uses. Wave of the future. Buy crypto, trust me.
“Is not about the technology, it’s about the money.”
Dumbass lemmy.world hot takes
Bro how you going to insult a whole instance
Edit: oh I see why, you’re butt hurt about getting defederated.
Lemmy.world is the normie us-centric lemmy server
…and?
Normie land is reddit. If you can’t think critically then best leave
How about you shut the fuck up, Edge Lord, And leave other people to do their own thing? Gatekeeping Lemmy is not critically thinking.
Web3 is a game changer. Try to escape the bubble of info you’re consuming on these pro imperialist instances
They’re not defederated, only specific communities are blacklisted from syncing on lemmy.world.
If they were, they wouldn’t be able to post in any lemmy.world communities or even comment on any posts of lemmy.world.
All very good points, I should probably finish my coffee
I mean lemmy.world does actually kinda suck. They block piracy communities, don’t know a shit about cyber security and can’t keep their servers online for more than a day before they go down. The only reason why people use lemmy.world is because they want to avoid lemmy.ml.
There’s several reason i dont use my lemmy.world login much at all anymore. But when I was there, it was because it was supposed to be “the right instance for me” according to the info I had access to. I knew nothing about all this lemmy/federated stuff (my only federation experience was with star trek… and federated architectural 3d modelling coordination programs like Revit/BIM360). So i joined the “right instance for me” and guess what? it kinda sucked. but it was frustrating. I just wanted things to work, but there was drama over hexbear and others, and half the time the servers were being ddos’d. So i jumped ship to lemmy.zip and discuss.online as a backup. Could just have easily been me this user was insulting, a few days ago. Insulting me would not have pushed me closer to switching instances, it would have just convinced me further that this place is just as, if not more toxic than reddit. I didn’t vote to de-federate hexbear, or any of the other recent de-federations related to piracy (insert legit argument about server hosted content vs. US law), and I was still trying to get my bearings.
Just because lemmy.world does “kinda suck” doesn’t mean we should berate their users, thats antithetic to the entire idea of federated communities interconnecting this way.
If Reddit can host a piracy community, why can’t lemmy.world do it? I made an account the day lemmy.world defederated with that community. After I noticed that I immediately deleted my account and switched to sh.itjust.works and lemm.ee is there as a backup. But you’re right, we shouldn’t hate on innocent lemmy.world users who don’t know any better. It’s not their fault that the admins are such morons.
reddit.com is Reddit.Inc. with investors and lawyers and content curators and admins galore etc.
Lemmy.world is idk some guy named ruud in a basement with servers or something idk. The point is they aren’t equivalent resource pools to protect them from legal issues.
Right, but AFAIK he hasn’t even received any legal complaints. He could have done nothing, and only defederate when some shitty media company complains.
Time for Web4
I suggest forking Web3 into at least three competing things
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as long as they all compete to be the standard, and aren’t going to communicate with each other well, I’m in!
Can Web3-D be unnecessary VR integration?
Just do what USB does and call it “Web 3 v2”
Web 3 v2 final (1)
Note that not all Web 3 v2 final (1) features are required to be labeled Web 3 v2 final (1). Please consult vendor documentation to determine which features are supported on their device.
Web 3 v2 final (1)++ Remastered Advanced with Knuckles Pro Edition
Is it the Japanese Director’s Cut?
Web69
Blockchain and crypto are both decentralized, which is exactly what Web3 is defined as. Just because they came before federated websites doesn’t mean the definition is exclusive to them. I would call “Web3” ruined, rather I would say that ActivityPub is the first great implementation of it.
PS: The distinction between Web 3 and Web 3.0 is giving me some real USB 3.2 Gen 1 vibes.
it’s insulting to consider cryptocurrency or blockchain as any kind of next generation thing
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Until it comes tax season and you’re not rich to hide it
So tax fraud?
… keep being insulted by reality, then?
To me it feels like how 3D tvs were. Cool tech but not enough people hopping on board to make it mainstream so it stagnates and fizzles out. I could be wrong of course
Oh, yes. Good luck preserving the value you spent your life creating in your cash/fiat money while the printer goes brrrr. When bank bail-in happens to bail out the rich, I’ll be laughing my *** off. I bet you don’t even know what bail-in means. It basically means the banks will take your money to bail themselves out, like Cyprus in 2010s. It’s the plan if a crisis happens. Read about it.
Also, I hope you enjoy the social credit system after Central Bank Digital Currency becomes a normal thing, and then be cut off the financial system for being a “bad boy” with a press of a button. Today Nigel Farage is the bad boy, tomorrow it’s you (but you’re good boy, aren’t you?).
Your corrupt politicians can’t pry my cryptocurrency out of me even if they wanted to. They won’t even know how much I have. I can, on spot, drop everything and leave to a new country when things get bad (they never do, now do they? I gotta stop with the conspiracies… things are perfect)
Chickens will come home to roost. I guess we all pay for our decisions after all. That’s what life is about. That’s why I care not when people lose their life savings because they trust governments. They chose that.
I ain’t reading allat
Of course you won’t… why would you? Enjoy being a poor slave. That’s what you guys do. Never read.
sorry what are you saying? I can only see googoogaga repeated a bunch
Crypto bros love to bring up CBDC, like we don’t have a centralized banking system with credit cards already lol. I wonder if you’re libertarian!
Your corrupt politicians can’t pry my cryptocurrency out of me even if they wanted to.
All they need is a $5 wrench lol
You mean a $5000 wrench. The government can’t appropriate a wrench for just $5.
Especially funny since to be usable you need to exchange it or buy it you need standard currency (unless you mine it), meaning you are back to square one
Dumb take is dumb. Digital ownership is the “next” internet whether the bootlickers want it or not.
Blockchain is stupid and cryptocurrency is a scam.
Digital verification and tokenization of securities would prevent all fraud in the stock market
lol. So all the fraud in the crypto space that isn’t being prevented is a feature?
Virtually none of the fraud in the stock market is because of lack of verification or tokenization.
Please lemmy.world god, tell me what the fraud in the stock markets is from
People lying about the underlying assets the stock represents? People cooking their books? Pump and dump scams? Receiving multiple lines of credit against the same assets?
What forms of fraud are solved by tokenization or digital attestation that are prevalent today?
Rehypothenticaton and naked short selling would both be entirely eliminated globally
Neither of those are fraud, bud. You just don’t like them. Vote for people who also don’t like them. Blockchain won’t solve either.
How heavy are your GME bags?
Instead we got scams on top of scams and zero use out of either. Wake me up when anyone finds a use that isn’t theft. I’ll be in fucking torpor by the time I’m woken up.
Talking shit about early-alpha type shit is so dumb. People said the exact same shit about web2
Lol, web2? When Facebook, reddit, amazon, twitter, etc pretty much killed the internet and consolidated most users under themselves. That was an unmitigated failure for the internet. It has directly led to the homogenization and garbage heaps we have now.
Web2.0 is a “failure” so why even both fixing the system?..
Web3 isn’t fixing shit. It’s more techbros trying to steal more of the internet. How many NFTs you own, bro?
But I don’t like web2
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They are just distributed ledgers with deflationary economic policies added. Not really impressive.
Blockchain and cryptocurrencies are pretty cool from just a technology perspective. At university I studied a lot of math and cryptography and that happened to be at the same time that Bitcoin became a thing. It could have some real applications, but scammers and cryptobros ruined it for everyone and now I can’t even say I find crypto (meaning cryptography) cool without seeming like an asshat.
Blockchain is an unchangeable (unless you own the only authority as we’ve seen, or you fork it) database that can only grow. It HAS to have multiple, identical instances or the owner can corrupt it. I’m not sure I see any benefit here except for potential security. But we’ve seen blockchains get into the terrabytes pretty quickly which isn’t that feasible for large-scale operations.
This is why Ethereum is moving to statelessness. Where only a rolling state is saved but the diffs are broadcast and accessible for a certain period of time before they are dropped. So any system listening to an Ethereum node can just follow the root and listen for just changes they care about.
How do you ensure you are holding an accurate copy of the blockchain in that case? A single holder of a blockchain means the entire thing is insecure and the holder can change or steal whatever they want.
If a new player wants to host a copy of the etherum blockchain, how do they do that when it’s stateless?
It will still have some state, things like merkle roots will still be verifiable, and any derived/state that isn’t kept from the main chain will have some form of proof that links it to the main chain.
Most actual transactions/normal user stuff is moving to layer 2 chains, which commit a hash or proof of their state to the main chain. So they will still carry their state, but rely on the security of Ethereum main net.
There will still be archive nodes that store everything that’s ever happened, but being a full archive node won’t be required to run a normal node as a validator or as a user. This allows the network to be more decentralized without every node needing 2-4TB of fast nvme to even do anything.
You’re right about that for sure. But a few TB isn’t that big a deal anymore, and if there was a need to deal with it we could come up with something… or just not use it at all. 😎
Well, I guess I just used a „scam“ to pay for my VPN subscription. Later today, I will use another „scam“ to pay for my email service. Tomorrow I will use a „scam“ to pay for a VPS. Some day, I might use a „scam“ to rent a seedbox. So unfortunate that your so called „scam“ is actually usable to make payments online. In fact, those „scam“ payments are in some cases better, then‚ using a absolutely trustworthy credit card issued by a definitely trusted a reliable bank. Because banks never collapse and they never scam their customers. Such trustworthy multi-billion dollar corporations, I really don’t see a reason to distrust them. Depending on which “scam” you use, your payments are actually anonymous, just like cash. But the government and your bank don’t want you to use cash, because that way, they can’t track all of your transactions. They hand you a credit card, and they advertise it to you, and you actually start thinking that it is supposed to help you, while in reality it makes you a slave to the corporate and government-lead surveillance system. Fuck credit cards, fuck banks and payment providers, fuck central banks and governments. Use Monero and stay anonymous.
What’s the transaction or gas fee just to pay your bills?
Look at me is federated and decentralized
I am the web3 now
Don’t forget about nfts there the future man they can’t be replicated man where can you spend 100k and by the end of the week your investment is worh $3.50
NFTs weren’t created to be the proof of ownership of digital art, they just happen to be associated with that because that’s what the majority of them were created for.
The NFT isn’t the art that can be copy-pasted to any computer, it’s the proof of ownership. Criticizing them by saying “I can just download a copy of the picture!” is like saying copyrights are useless because you can use tools to rip movies from streaming services, sure you “own a copy”, it doesn’t make you a rightful owner of it from the perspective of the law.
NFT’s also don’t implicitly make you the rightfull owner. The basketball NFT’s content still explicitly belongs to the seller. The only true way for NFT’s to work for digital content is to have a contract that specifically states that the NFT proves ownership, but you might as well write it directly in the contract at that point.
This specifically depends on the project producing the NFTs. Some grant full ownership while some do not.
That’s his point - NFTs don’t actually solve any problem here, they just add an extra step.
I fail to understand your point. What extra step? You either get ownership or you don’t based on the asset you’ve acquired. NFTs don’t have alto be a once size fits all kind of thing. You are just oversimplifying it. The same can work for physical objects that you purchase. Vehicle manufacturers make it to where you can’t service your own vehicle sometimes because of special tools needed… So do you really own it? Hmmmm
I buy a picture from you, I get a receipt proving I bought it.
I buy a picture from you on an NFT marketplace, I get an NFT proving I bought it.
What value does an NFT provide in this case? I guess it provides a better proof of the purchase but that hardly seems worth the effort of setting up a wallet and acquiring crypto (for the average person at least). Not to mention the seller also needs to do these things, and I fail to see how he will benefit in this case.
Maybe in a hypothetical world where everyone uses crypto this will make more sense.
I buy a picture from you on an NFT marketplace, I get an NFT proving I bought it. What value does an NFT provide in this case?
In this case, assuming you’re a trader in this example, you’d be banking on whatever art you purchased to gain further value so you can then sell your certificate of ownership and make a profit. This is no different than art sales/trades IRL. Here’s an art gallery owner discussing using NFTs as certificates of ownership for real world art sales and the added benefits over traditional COOs.
I’ll just use a small example… Let’s say you have an NFT for a online casino project. Simply holding the nft in your wallet will give you a weekly payout (certain percentage of profits for that week/month)
I use this example because nfts can have many different uses. Another would be gated communities/gated access to online services. Hope that helps it make sense a little
But there worthless because digital art is intrinsically less valuable than real art
How? Please elaborate.
A real piece of art will always be more valuable than some electronic picture
No, I asked that you elaborate, not that you repeat the same thing using different words.
Real art = analog art? I need to tell all of my electronic musician buddies.
The intrinsic value of any art is what someone is willing to pay for it.
For example the world’s most expensive NFT, The Merge by Pak, sold for $91.8 million. Its price was higher than the sale of Jeff Koon’s Rabbit, the most expensive artwork by a living artist at auction. It’s all about personal tastes and how deep folks wanna dig in their pockets with this stuff.
Thats insane stupid people with more money than brains
Where you spend 100k for a JPEG
Its not a jpeg man its an nft it uses blockchain man it can’t be replicated its totally the future now let me plug in 50 gpus I got to start mining
Its not a jpeg man its an nft it uses blockchain man it can’t be replicated its totally the future
It’s funny you say this because in the near future once blockchain usage becomes more mainstream, you’re going to see NFT tech used for things like concert tickets, sporting events, movie tickets etc… because they can’t be counterfeited and produced at a fraction of the cost of traditional tickets. As long as the NFT sits in your crypto wallet, you’re granted access to the event.
People tend to forget how much the original web was plagued with scams and such, or maybe some are too young to even know much about it… Crypto is new and will take some time before it matures. But I believe decentralization is the future and is one of the reasons I’m on Lemmy.
Possible but I really don’t see how nfts are any better than the current digital tickets system
Totally fair. I just see at as one of the many uses that are possible. Let’s day you couldn’t make it to an event and wanted to sell your ticket. It would be pretty easy to get the other users wallet address and make the exchange. Also, not all blockchains have high transaction fees. On the Solana network, for example, you can make the exchange for a fraction of a cent. It would cost you roughly. $0.0021 to make the trade.
I’m curious about this use case. It actually sounds pretty convenient, but it also sounds like a wet dream for scalpers since it makes it so easy to buy a bunch and resell for insane prices. On one hand, the price someone is willing to pay is the true value, so you could argue that the original seller wasn’t charging enough. But on the other hand, if scalpers buy up all the supply then they’re artificially increasing the price. I don’t really know anything about economics, I’m just guessing.
In the traditional world of tickets, you could hypothetically prevent reselling by tying a ticket to a person’s id (not that anybody does this, but you could). But in the nft world you described where you can resell your ticket, is there any solution to prevent scalping?
…is there any solution to prevent scalping?
Built-in price ceiling and verifiability. Resales could be limited or completely forbidden as well.
Honestly, right now it’s like the wild west. The markets need a form of regulation. For that reason, I’d never recommend anyone get into nft trading without some serious research put into it. But as the space evolves, there will likely be thing put in place to solve this issue.
Also wanted to say I also very much appreciate your response. Most here have decided to attack me instead of actually holding an intellectual conversation. Hope you have a great day!
Crypto isn’t new. Bitcoin’s initial release was in 2009. Two versions of MS Windows have been released and EOL’d since then. Five Star Wars films have been written, filmed and released since then. Intel released all 13 generations of their Core i# processors since then.
Allow me to clarify… Crypto itself isn’t new… But the way in which we interact with it is new. All sorts of platforms, metaverses, etc… are still being developed through the bear market. These things take time to develop. Also, crypto usage is not exactly used by everyone right now, so I respectfully disagree with you.
I dislike this take to much.
First of all, crypto doesn’t protect you from scams, just look around you.
If you get ‘one true crypto’, you get locked in by its architecture, and there’s always someone who controls said architecture. The chain is decentralized, but the core is not.
Also, tickets are controlled almost exclusively by a central authority, which owns the venues, so there is no way in hell they will let you keep a ledger of every purchase of every ticket. It’s better for them to keep it concealed.
There is so much bullshit in the crypto hype, it’s almost funny.
If you want to put crypto anywhere, do the stock market first, and then get back to me.
I never claimed made a claim that it protected you from scams. I said it can’t be counterfeited.
I really don’t want a “one true crypto”. I think different blockchains can serve different purposes.
And as far as ticketing goes, yes the centralized authority (let’s say Disney for example) would set a max amount of tickets (nfts) to be sold/minted and they would be distributed to wallets as they are sold. Nobody else would have a way to alter or counterfeit fake tickets.
I can totally understand all the hate for crypto though. I mean… I’m a gamer and bought my graphics card during the peak of crypto mining. Was I happy? Hell no. I had a deep hate for crypto at the time… But I decided to dig deeper into what the rage was about. Using actual crypto wallets and interacting with Dapps was quite eye opening to what the future web could be like.
But I’m also with you that crypto needs some form of regulation, but imo crypto and stocks are not the same. If anything NFTs would be more like stocks/shares.
One of the biggest hurdles, like you’ve mentioned, is that a good portion of the space is full of ponzis/scams. But there are a handful out there who truly care and are trying to pave the way and build up a new way to interact with others. I assure you there’s more to it than just scams and jpeg trading. It can be pretty neat when you see what’s possible.
Sorry to take up so much of your time with my second ramble but you raised some good points. Cheers
You need to teach people how to verify that their purchase for not counterfeited. Since the bar is not techological, and never will be.
We had way back when a ‘web of trust’, that actually solved a lot more problems than crypto ever did. But people never understood it, so it never got mainstream adoption.
If you don’t know a thing about stock market then it makes sense you could suggest NFTs for it, but you can actually divide shares into fractions.
I merely use nfts as an example because they are closer to what a stock would be than a coin itself. They are not the same though. I was not making that claim.
I said it can’t be counterfeited.
Lmao how big a problem are counterfeit tickets? Because Ticketek seems pretty happy with what they are currently doing.
Sorry to burst your bubble but crypto & NFTs are never going mainstream. They are already past the peak, and failed spectacularly.
Never said it was a problem… Just saying its a better solution. That’s okay though… Saving this comment and will tag you during the next crypto bull run when the hype is back 😘
The JPEG isn’t even on the blockchain for the majority of NFTs. It’s just a URL to a JPEG on a server someone else owns. If they take down the server, sell it, it gets hacked, the url scheme changes, etc someone is now the proud owner of a broken link lol
It’s just a URL
If that’s the case it makes it even more surprising anyone would see any value in that.
but how do I give someone .0045 cents for no apparent reason??
GNU Taler. Ah, question was rhetorical :)
Really wish Taler to be available for use in the first country.
Me too, I really like the concept, also have demo-purchased by app with it. Hope it will become usable reality at some point.
This could be so awesome for electric scooters or anything tradicionally having coin insert.
Even if/when GNU Taler launches, somehow I don’t think the VC-backed app scooter companies are going to be adopting anonymous payments anytime soon.
Don’t forget the 40 dollar transaction fee
The only people that think this is correct are ones that learned about crypto 5 years ago and never thought to update their information. The lightning network allows for tiny bitcoin transactions with sub one cent transaction fees. In addition to that, the transactions happen in less than a second.
It’s also centralized and just a bandaid over an issue that could have been solved if Bitcoin had stayed true to its original intention, i.e. digital cash, not a fake store of value.
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https://www.reddit.com/r/btc/comments/s3tvox/is_lightning_network_decentralized_why/
Great explanation by someone who isn’t a maximalists. Sorry but yes it is.
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No, it’s centered around large nodes, that’s the point they’re making.
Over 50% of the network’s capacity in the hands of 5 entities?
https://www.reddit.com/r/btc/comments/vo86ki/over_half_of_all_lightning_network_capacity_is/
Shit’s decentralized as fuck yo!
Heck, Bitcoin itself had the majority of its hashrate coming from a dictatorship where the state needs to have a representative in all major companies… One move and the Chinese government had control over the network.
#decentralization
Everyone who believed this was true lost a lot of money betting on Bitcoin Cash.
At least Bitcoin cash stayed true to the goal of Bitcoin. A peer-to-peer electronic cash system.
That was also untrue. Electronic cash doesn’t imply no/low transaction fees. Basically everything they told you was a lie.
Show me where in the whitepaper does it mentions storing value, please.
No/low transaction fees and ease of transaction is the main point of cash vs barter, Bitcoin abandoned that, now you have to go through the trouble of using level 2 to have small fees and quick transactions, what’s the point of Bitcoin then?
Oh and show me people who bought Bitcoin in early 2021 that haven’t lost cash please.
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Oh sorry if I don’t keep up to date to the daily movement of Bitcoin… I mean, I wouldn’t have because it’s a store of value and the basic principle of a store of value is the ability to use it and be guaranteed to have what you put in or close to it…
Cherry picking, look at a log chart
So is saying that everyone who bought Bitcoin cash lost money considering today isn’t all time low.
It’s not as if I was here to defend Bitcoin cash, I’m here to point out that Bitcoin and lighting network is flawed though.
This is absurd. Anyone who has the slightest idea of how it works knows that it is in no way centralized. It isn’t hard to learn how it works.
As long as you have a channel with that person preconfigured and funded right? Otherwise you need to do an on chain transaction with on chain fees to set up that sub one cent transaction.
No. I have opened up exactly 1 channel with 1 other person years ago, and it was done automatically when I installed the app. Since then I have been able to send and receive bitcoin to anyone I’ve wanted to instantly and for a miniscule fraction of the amount that I have sent. I am really surprised, I had no idea that so much misinformation was being passed around amongst people who have never even decided to try it themselves or even look into it deeply at all.
Shhhh, don’t point out how there has to be a large pool of the currency sitting in someone’s account and that the person often disappears with it all or spends it. That upsets their narrative. No regulation or oversite is GOOD.
This is absurd. It is impossible for anyone to disappear with the money, nothing like this has or even can happen. Please post any source even claiming this. I am baffled that it would even cross your mind to even make such an absurd claim. Please post a source.
Here’s the most widely known and published case:
Supposedly she’s dead now but who knows. The current biggest news scam is the FTX shit. That was a crypto exchange. They stole like a billion dollars. Is it better because he didn’t disappear after fleeing to the Bahamas?
This is what I love about you crypto techbros. You just claim everything that doesn’t support your beliefs isn’t real. Please invest all your retirement savings into digital currencies. You’ll show us.
You misunderstood what was being discussed completely, we were talking about the technical side of the lightning network, not whether or not people kill each other for money. Yes, absolutely people murder each other to take what they want, but believe it or not this happens with every currency in the world and happened even before currency existed. I can’t even imagine what must go through the head of someone to think that murder/theft is something that bitcoin introduced to the world.
Monero transaction fees goes brrrrrrrrrrr
It’s less than 10 cents
Hadn’t thought about it this way. Good meme.
Noooooooooo, you can’t like things that can evade stupid and needless monetization!
d future is s0 fucken briht, bradas sistas.
what if web3 is anonymous overlay networks like Tor hidden services? It a completely new concept to internet itself, and if directly implemented on hardware it will be true Web3
Why would you need to implement it directly on the hardware? Wouldn’t that hurt adoption? Something like Veilid seems like a way better option to me. It’s just a shame the documentation is so lacking (last time I checked).
I would see that crypto and blockchain scam as more like the last breath of Web2, given the monetization thing
No. Web2 is about user generated content (as opposed to the static pages of Web1) - crapto stuff hardly fits the bill. Like it or not, it really does belong to Web3 - which is about decentralization.
The problem is, you cant pay with that lol
Why pay?
Electricity costs money unfortunately
Raw cash?
The rawest
That’s what I’m talking about)
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I hate the term Web3, the name itself feels like gaslighting. It tries to imply like it’s the next step for the web. It’s just grifting and is absolutely impractical lol.
Notice how Web3 blew up because of insane VC money, then suddenly dies what feels like overnight. They didn’t care about decentralization, otherwise they’d actually invest in non Blockchain bullshit. But then they can’t scam with crypto coins.
Because it fucking gaslighting. I remember having this WTF moment when I was reading the O’Reilly Ethereum programming book.
If web 2 was html 5 and css3, how does a protocol that relies solely on money being transacted make the basis of web3?
This sounds exactly like a VC plot. “There will be money exchanged on every transaction”. I bet they lost their minds in the pitch room when they heard it.
VC’s are where the hype is, all those AI companies will disappear too when the AI hype dies.
And that’s the circle of silicon valley. AI with last longer though, it has actual practical applications and already is generating a ton of money. It’ll start to die down once more people realize that its hallucinations kill a lot of its applications, which we’ll need another technology breakthrough for that. It’s a problem that’s possible to solve though. I just hope for the collapse of OpenAI.
Certainly, that’s why I said AI hype. Machine learning is already invaluable in many fields. Its ability to generate new content, is certainly not flawless, but already has some uses. I just hope that the hype dies down and companies stop putting pointless and flawed AI integration in their products to please investors.
Federation was we 1.0 people forget all major chatting services used to be integrated. You could have a yahoo im show up on your aim chatbox.
Wait until you hear about XMPP (and it’s bridges).
Holy cow