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Turns out Web 3.0 is fascism.
@aral hey, just like the Third Reich
Honestly, cryptobros have always been pretty clear about it, but somehow people always adopted that crappy "surely they can't be meaning what they seem to be saying" attitude about them
@aral It didn't have to be, but technolibertarians seem to be the only one willing to research and experiment with the underlying tech.
Imho the tech lends itself very well to government functions, managing common goods.....or to people who want to privatize those things and build monopolies around them. Unfortunately the latter group is the only one really pushing for anything or experimenting..... So here we are
张殿李@CompositeFellow @aral I have not heard a single credible use case for "TEH BLOKKCHAYNE!" that doesn't have a superior alternative that has been around for ages.
TEH BLOKKCHAYNE!'s only area of consistent success is enabling crime and being the underlying basis for grift.
@zdl @aral I'm not trying to limit the definition of Web3 to be exclusively the blockchain or DLT.
The point I'm attempting to make is"Web 3" is more than meme coins and speculation, if we want it to be. Estonia has an identity system based on async cryptography. There are lots of interesting ideas about what can be accomplished with Zero Knowledge Proofs.
If projects around these new technologies/ideas are solely funded and explored by meme coin speculators, and monopolists. Then it's not shocking you mostly see meme coins and pyramid schemes
IMHO ActivityPub is a web 3 technology.
@CompositeFellow @aral these muppets didn't invent merkle trees, and merkle trees aren't that useful. they do impress CS students though.
@quinn @CompositeFellow And nothing about a merkle tree requires universal proofs either. Anything useful you can do with blockchain you can do with a directed acyclic graph without all the “zero trust” bullshit (oh, yeah, mate, zero trust, just don’t 51% me m’kay?)
@CompositeFellow Only ones, eh? Man, good thing I didn’t know that or I wouldn’t be building a peer to peer web right now.
@aral apologies you are right. It was not my intention to state they were the only ones working on it. I misspoke. I appreciate your work and I'm excited to read about it.
I simply intended to point out it doesn't have to be and we don't have to secede the definition Of Web3 to cryptocurrency communities simply because they spent money on marketing and research. We can also not use Web3 as a term at all.
@CompositeFellow No worries :)
Oh, and yeah, there’s a reason I call what I do Small Web. And, there’s always web0 ;P https://web0.small-web.org
@aral@mastodon.ar.al ok maybe now i’ll finally look up what web3.0 even is. it always felt like quantum computing to me.. crypto-bros talk nonstop about it but does it even exist and how do i even use it. anyway i’ll be more informed in about 10 minutes. also probably less satisfied with the world. so, thanks for that hah
@aral@mastodon.ar.al ok i know king fu now. my take on web3 is sure maybe as an idea it’s ok, but obviously if it’s crypto and nfts then you’re going to have a whole bunch of people who just want to make shit and steal money from people (cryptobros?). coding this stuff sounds annoying, i hope i never have to learn about smart contracts.
alsoooo don’t we already have decentralised apps and aren’t we using one now? web3 isn’t the only way to get there. i think it has more to do with what people want and im waiting for them to care more about decentralised and federated. i hope it happens.
@aral with a sprinkling of post-capitalism.
@aral but now with more Ponzi scheme!
@aral: Considering that cryptocurrency was fundamentally based on pseudoscientific Austrian School-driven anarcho-capitalist ideals and that those are just a front for neofeudalism and fascism, yeah, I'd say that was apparent from the beginning.
@aral Who would have thought? What a shock. 