The decentralised finance club needs to make their core values poster bigger and easier to understand

We’re here in 2023 and they still forget that the core value of “not your keys not your wallet” is the equivalent of putting your cash under your mattress instead of using a bank and the complexity that comes with that is unavoidable.

You can get more people to use a mediocre product/technology by making it easy to use

People will use complex products/technologies if they are useful enough.

But these people can’t make it useful so they keep banging their head against the wall trying to make it more simple.

It is inevitable that they will try the even lazier route of deceiving people into thinking it is simple.

Nitter: https://nitter.net/evanvar/status/1699032296870015232

edit: changed title to reduce keyword matches in lemmy fediverse searches

  • Flyberius [comrade/them]
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    1510 months ago

    I remember a few years ago getting all these webdev articles about web3.0 decentralised apps, and all I could think during and after reading was how fucking inefficient it all was. How insanely slow, inefficient and wasteful.

    Are there any examples of web3.0 apps that actually do anything? It’s all a fucking scam, isn’t it…

    • David GerardMA
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      1010 months ago

      flat fuckin zero

      most of this shit doesn’t exist

      NFTs exist

      lol

      • SteveOP
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        710 months ago

        just a whole bunch of cranes trying to lift themselves

        • @selfA
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          910 months ago

          listen, 99% of projects trying to make a self-lifting crane fail. but can you imagine the money you could make if you invested in the 1% that succeeded in spite of physics and common sense? send your investment to the following monero address (SEC enforcement agents do not have my permission to view this post!)

          • SteveOP
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            410 months ago

            Fortune favours the brave!

    • @maol
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      510 months ago

      (I might be paraphrasing Folding Ideas here, I’m not sure)

      The developers of these apps didn’t use blockchain or crypto because they were the best way to build the app. They used blockchain and crypto because they love them and think everyone should be using them. In fact, the only reason these apps exist is to encourage people to use cryptocurrency.

      So no, there are no examples.

      • SteveOP
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        410 months ago

        You can extend this thinking to see how so many projects are just blockchain enthusiasts struggling with the “nothing is born on the blockchain” problem. That’s why they embrace the metaverse and also, imo, a big part of why they are open to transhumanist ideas.

        • @maol
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          510 months ago

          Blockchain is a solution desperately in search of a problem.

          • SteveOP
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            410 months ago

            It solves very real imaginary problems

    • SteveOP
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      710 months ago

      That’s what I find incredible about this community. We’re here in 2023 and they still forget that the core value of “not your keys not your wallet” is the equivalent of putting your cash under your mattress instead of using a bank. The complexity that comes with that is unavoidable. It is essential that you know you are in control of an entity that is there or is not there, and no insurance can bring it back because it is fully decentralised.

      You can get more people to use a mediocre product/technology by making it easy to use

      People will use complex products/technologies if they are useful enough.

      These people know they can’t make it more useful so they keep banging their head against the wall trying to make it more simple.

      It is inevitable that they will keep trying to deceive people into thinking it is simple.

    • @Astroturfed@lemmy.world
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      310 months ago

      Don’t you know, the best way to make the decentralized wave of the future, new money, money work best is to give third parties access to it and centralize it.

  • SteveOP
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    10 months ago

    here’s a stupid meme that might explain my post

    freeway exit meme: "make it useful" straight ahead "make it seem simple" freeway exit that "web3" car is taking

  • @bitofhope
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    1210 months ago

    Nobody even knows what the fuck web 2.0 actually is. CSS? JS? SPAs? Flash? No flash? Rounded corners? Ad blocker blockers? Sevice workers? Sans serif fonts? Lack of “under construction” gifs?

    Web 3.0 is inevitable, not because blockchain or machine learning shit is revolutionarily useful, but because whatever becomes popular will end up being called web 3.0 anyway.

    Also annoyed at the .0 BS. Maybe it sounded cool and techy in the 90s but if the major versions are already nonsense, how the hell are you gonna have a minor one?

    • SteveOP
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      1210 months ago

      I never recognised web 2.0 because my first encounter with it was a PM walking up to my desk and asking if I could code in web 2.0

    • TAG
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      610 months ago

      Web 1.0: You put some contents on the Internet and monotise people who want to read it.

      Web 2.0: You put up a public forum and monotise people both contributing content and reading content.

      Web 3: Cryptocurrency (the use of the World Wide Web is optional).

      Web 3.0 as defined by the author of Web 1.0: Sematic Web: Everything is linked to everything else with an explanation for how they are related. Instead of learning information, we all play Six Degrees of Kevin Bacon.

      • @bitofhope
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        610 months ago

        I’ve been thinking about this reply for some time now, and while I think you’re being tongue-in-cheek (in which case, good sneer!), I resent this. I reject the noxious characterization of the web and its supposed generations as being defined by their method of monetization and the concept insults and saddens me.

        It also doesn’t match the usual way people use phrases like “web 1[.0]” and “web 2[.0]”, which generally boils down to approximately whether a site looks more like it’s Geocities Angelfire academic homepage HTML written in Windows Notepad or like a typical Squarespace Dreamveawer Wordpress Django Drupal Framework de jour fuckness.

      • @froztbyte
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        410 months ago

        Hmm, odd. I’m already (oh god kill me) old enough to remember when because “semantic web” was a term thrown around even before web2 got to be known as web2 (and this wasn’t even that long ago)

        Don’t think I’ve seen the thing of “3.0 as per author” as you mention here, link?

        • @selfA
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          610 months ago

          check it out, it’s kind of interesting as a sort of way to treat web technology like a database (and some bits feel surprisingly close to Prolog in semantics, which tracks) but it’s been pretty spectacularly unsuccessful at gaining any real adoption (which gave the cryptobros ample opportunity to hop in and parasitize the term, leading to their also spectacularly unsuccessful version of web 3). see also solid, which is an implementation of a bunch of Semantic Web ideas (and it barely works, and I’m fairly certain I remember seeing a bunch of folks quit the project all at once recently), and note that the web, semantic web, and solid are all Tim Berners-Lee projects

          • SteveOP
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            710 months ago

            The Semantic Web was TBL’s Xanadu.

          • Jonathan Hendry
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            610 months ago

            @self @froztbyte

            “conceived the Solid project … as a way to give individual users full control over the usage of their data”

            "Berners-Lee’s research team collaborated with the Qatar Computing Research Institute "

            I see a potential problem.

          • @froztbyte
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            410 months ago

            Oic

            I hadn’t actually realised it was a stolen term (although in retrospect, uh, that tracks)

            At each recurrence of running into shit like this, I’m glad (and optimistic(?)) that the average coiner shitbird tended more greedy than clever, and that that by itself would help self-shorten the period of awful

            (There’s still the remainder, of course, and they have to be kept watch on as usual)

  • UlyssesT [he/him]
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    1010 months ago

    But Web3 will revolutionize the world!

    … by making it that much worse with even more rent-seeking. doomer

  • @selfA
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    710 months ago

    a delicate reminder now that @fasterandworse@awful.systems has undeleted this thread:

    we know what a crypto shill looks like and we are watching

    • @froztbyte
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      10 months ago

      I don’t wish you work

      But I will probably enjoy seeing what happens if they show up, no lies

  • SteveOP
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    110 months ago

    deleted by creator